After declaring bankruptcy, Barneys New York is not closing all five of its stores. The liquidation of the inventory has begun and the entire store is selling out. Rumor is Saks Fifth Avenue purchased some inventory. The sale on the Barneys website is happening now, the only exception is it only goes as much as 5% to 10% discount. All sales are final, so you can't return these items. Shop Barneys going-out-of-business sale now!