Great News Chicago! The New and Improved Barneys Opens Today!

April 16, 2009 • Shopping

Old location on the left, new Barneys New York on the right.

It's time to celebrate Chicago! Never you mind the economy has tanked, Barneys New York has unveiled a bigger and better six-floor store, directly across the street form the old (an now empty with unsightly sale signs all over it) smaller location.

Barneys_chicago_1 The
90,000-square-foot structure at 15 East Oak Street (with a
penthouse-style Fred’s restaurant) has replaced Barneys’ former
52,000-square-foot store in
Chicago’s Gold Coast area. Get those wallets out!

Despite the economy, “no one
at Barneys has any reservations about Chicago,” said Simon Doonan, the
retailer’s creative director told WWD. The original Chicago store which opened in 1992 was a success since day one.Barneys_chicago_3 “Some
of the other stores have taken a while for it to stick. Right off the
bat, sales were really strong in Chicago.”

On Tuesday, David
Jackson, chief executive officer of Istithmar World Capital, the parent
of Barneys, told WWD that Chicago was one of Barneys’ top-performing
locations. “It was doing an disproportionate amount of business for
that square footage. Now is a tough time for an expansion,” he
admitted, “but we still believe in the Chicago market, long term.”

Update: rumor has it they are serving champagne and donuts today. Odd combination, but whatever…


Source & Photos: WWD

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One Response to Great News Chicago! The New and Improved Barneys Opens Today!

  1. Carol says:

    Anyone who lives in Chicago may do a double take at this photo of Oak Street! This shot makes it look huge like Michigan Avenue… Oak Street is quaint and only 2 lanes, which is what makes it charming and unique. Anyway, I certainly welcome the new Barneys!

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