The National Retail Federation expects retail sales growth to return to pre-pandemic levels as consumers continue to face inflation.
The ‘Barneys At Saks’ Store in NYC Is Now Open
The retailer has gotten a second life with a 54,000-square-foot space on the fifth floor of the flagship Saks Fifth Avenue.

New York—Saks Fifth Avenue is breathing life back into iconic retailer Barneys.
The latter filed for bankruptcy in August 2019, finalizing the sale of all its assets to licensing company Authentic Brands Group and investment bank B. Riley Financial Inc. later that year and shuttering its stores in the months after.
At the time of the sale, it was reported that Authentic Brands would license the Barneys name to Saks owner Hudson’s Bay Co. to open Barneys shop-in-shops within Saks stores.
And so it has.
A new Barneys shop has just opened on the fifth floor of the Saks Fifth Avenue flagship in Manhattan.
“Barneys at Saks” is a 54,000-square-foot bright, open space featuring a mix of established and emerging brands, including 16 new to Saks.
It will also feature “rotating pop-up shopping experiences,” the retailer said.
The store marks the first time men’s and women’s merchandise has been housed on one floor in the Saks location.
Saks said the experience will include many of the services it has long offered to its customers, like VIP Styling Suites, virtual shopping with style advisors and after-hours appointments.
Barneys at Saks products also are available online through the revamped Saks website.
To celebrate the launch, Saks partnered with several emerging designers to create custom mini shops to tell their brand story.
Select designers are also featured in a special installation in the Saks windows dedicated to the debut of the new Barneys shop-in-shop (pictured below); they will be on display through Feb. 8.
Through the end of March, Saks will also highlight the new Barneys experience on its digital channels and social media, including floor tours, influencer takeovers and emerging designer spotlights.
“We are excited to bring Barneys at Saks to life in a way that is relevant for today’s luxury consumer with a strong focus on discovery and the unexpected,” said Saks Chief Merchant Tracy Margolies.
Additionally, the first Barneys at Saks standalone store will open in Greenwich, Connecticut on Jan. 25 in a space that used to house the contemporary Saks Fifth Avenue The Collective.
The two-story, 14,000-square-foot space will offer men’s shoes and accessories on the first floor and women’s contemporary fashion on the second.
It is the first time Saks is offering men’s product in the Greenwich market and will also serve as an experimental location as the retailer
When asked about the potential for future locations or expansion plans, a Saks spokesperson provided the following statement to National Jeweler: “Beyond the Fifth Avenue and Greenwich locations, Saks has no plans as of now for additional Barneys sites. That’s to be determined based on the degree to which customers take to Barneys at Saks.”
The Latest

The 4-carat, old mine brilliant-cut diamond engagement ring was co-designed by Willis and New York City-based brand Karina Noel.

Rio Tinto unearthed the diamond at its Diavik mine in Canada’s Northwest Territories.

Bench jewelers spend years honing their skills, Jewelers of America’s Certification validates their talents.

The multisensory experience, open April 8-13, will feature the brand’s silver creations among dream-like scenes of natural landscapes.


The virtual event will take place April 7 at 3 p.m.

The pieces in “Animali Tarallo” portray animals from stingrays to elephants through portraits and interpretations of their patterns.

Natural diamonds mean more than lab-grown, but when every cut is ideal, they all look the same. Customers want more—Facets of Fire delivers.

Ronald Winston, son of Harry Winston, donated the diamonds to the Smithsonian National Museum of Natural History in Washington, D.C.

The educational event will take place in Charlotte, North Carolina, this May.

The independent jeweler first opened its doors in 1888.

The debut event will take place in Miami’s Coconut Grove neighborhood this fall.

The roundtable will take place May 17 ahead of the trade show’s welcome dinner.

The “Peanuts x Monica Rich Kosann” collection features the comic strip’s classic vocabulary across 10 bracelet designs.

Three industry experts dive into the complexities of the material often marketed as an “ethical” alternative for metal in jewelry.

Diamonds are not only one of the most prominent gemstones, but the birthstone for those born in April.

The Utah-based company known for making wedding bands has acquired Doubloon Golf.

The longtime luxury executive led one of LVMH’s watch brands, TAG Heuer, for 12 years before taking over Bulgari in 2013.

Authorities said the robbers fled with jewelry and 70 Rolex watches, later taking pictures of themselves posing with big stacks of cash.

Lotus Gemology founder Richard W. Hughes has translated Heinrich Fischer’s 1880 book “Nephrit und Jadeit” from its original German.

The ring's design features contrasting lines influenced by work from architecture-inspired photographer Nikola Olic.

The Conference Board’s index fell as consumers continued to worry about the impact of tariffs, the labor market, and the price of eggs.

However, two medieval jewels surpassed estimates at Noonans Mayfair’s recent jewelry auction in London.

The Oscar-nominated actor debuted in the campaign for the new “Top Time B31” collection, which introduced Breitling’s Caliber B31.

The Congress is scheduled to take place May 19-22 in Brasilia, Brazil.

The family-owned retailer is the new owner of Morrison Smith Jewelers in Charlotte, North Carolina.

The “150 Art Deco” collection features a Miss America timepiece and a pocket watch from the brand’s Archive Series.