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We went to Manhattan's most luxurious department store to see how the 1% shops - and it revealed no one's immune to the retail apocalypse

Feb 7, 2018, 21:36 IST

Rashad Benton/ Business Insider

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Department stores across the country are doubling down on discount options to offset slowing sales, but not Barneys New York.

Established in 1923, Barneys is an exclusive department store known for having some of the sharpest and most expensive clothing items from the world's top luxury brands.

The retailer rarely releases earnings reports, so it's hard to tell how the company is doing.

We visited the Barneys Madison Avenue location in New York City to see how the luxury brand is doing.

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