ABSTRACT
News media and political activists labeled Barneys a “racist culture.” As the 2013 holiday season approached, Barneys New York (Barneys) quickly found itself embroiled in controversy. Barneys is among the oldest and most prestigious of luxury department stores in the US Barney Pressman opened the first Barneys New York store in 1923 at 17th Street and Seventh Avenue in Manhattan with $500 obtained from pawning his wife’s engagement ring. Headquartered in New York, Barneys owns flagship stores in New York City, Beverly Hills, Chicago and approximately 40 other locations throughout the US and Japan. Department stores retail a broad range of general merchandise, such as apparel, jewelry, cosmetics, home furnishings, general household products, toys, appliances and sporting goods. Retail loss prevention is a set of policies and procedures employed by retail companies to preserve profit by preventing the loss of inventory or monies due to theft.
