More Barney's Co-Op stores

Back in December it was rumored that Barneys would expand their Co-Op stores.  It has now been confirmed that they will add locations in Brooklyn and Santa Monica, giving them a total of 21 stores.  I'm a lot more interested in the Brooklyn location since it's just a few hours away.  I have never been to Brooklyn before (seriously), but now I must visit Cobble Hill.  The picture above is the Google street view of where the store will be located; 194 Atlantic Ave (the right hand side of the picture with the white and green sign). A lot of similarly priced shops are situated in this neighborhood and space for the Co-Op is right next door to Trader Joe's.  That's great news considering how much I love my honey sesame covered cashews.

This is very surprising news because the Dubai company that acquired Barneys back in September 2007 is drowning in massive debt.  However, the strategy to focus on the expansion through Co-Op stores does make perfect sense in the current economic climate.