You can almost hear Rarity celebrating from here

Barneighs is dead.

Comments

[Olden Bronie]

Of course, she would do so privately. 'Twoud be unladylike to cheer for the failure of a competitor in public.

[Crack-Fic Casey]

I thought you meant Barney the Dinosaur for a second, but this is still good.

[wolfstorm56]

Damn, the origin of the store is the guy selling his wife's engagement ring to fund the store? You'd think she might have been a bit upset over that.

Well...F, I guess?

[badninja]

I have never heard of this company. Read the article and shook my head at calling them major.

[BoredAuthor817]

Just because it says "bankruptcy" doesn't mean its bad. This is a chapter 11 and it's utilized by businesses, successful or otherwise, as a means of restructuring the business. It can be used to adjust for a growing business or, as appears in this case, a precaution against Chapter 7.

Chapter 7 bankruptcy is the one you want to avoid. This is the one that means you have no money.

[Captain Nitpick]

Remember, Chapter 11 is reorganization. Plenty of companies have come back from Chapter 11.

However, I'm guessing that this one is just the first stage of a slow death.

Barneys has been repeatedly accused of racially profiling its customers throughout the years.

If only there was some plausible excuse to get Applejack in there.

In 2018, Barneys used live butterflies to introduce a new line of jewelry and accessories, asking customers and employees to interact with as they flitted around display cases in the Beverly Hills store. PETA reported "that there were many dead and dying butterflies languishing around the display area, behind plants and in plant beds."

…or Fluttershy.

5100694
A ponified Barneys appears in One Tenth-Bit. In case you're wondering why you're hearing about it now.

[SWEETOLEBOB18]

Not sure that the factors that made Barneys fail translate to EQ
Still, a MAJOR problem is going through a Leveraged Buy Out. Basically, you wind up spending billions on interest payments.
This makes you have to raise prices too high to compete
It also means that you’re paying interest with the money that should be used for
updating merchandise & layout, advertising, & sales

[PresentPerfect]

5100683
I'm glad I wasn't the only one.

[SWEETOLEBOB18]

[shardfff]

5100700
don’t forget snails

[FanOfMostEverything]

5100682
The knock at the door wasn't that unusual. Golden Oaks was the town's public library. Of course, public libraries still had hours of operation, but even the most literate ponies had times when they couldn't decode those particular symbols.

Less usual was Twilight nearly tripping on her own wings as she went downstairs, if only because of the brief time when that was a possibility. She folded them back up, the mental effort of remembering how waking her up further. She added the resulting flash of resentment to the stockpile she had saved for the late would-be reader.

Marshaling her features to the kind of scowl that made ponies remember the Ursa Minor, she shoved the door open and said, "Alright, it's almost midnight and you're Sweetie Belle." Twilight blinked, rage lost amid confusion and concern. A distant part of her noted that her wings had hit the floor again. "What's wrong?"

The bloodshot-eyed filly trudged inside. Twilight moved aside to avoid getting very slowly gored. "Barneighs is closing," Sweetie muttered.

"I heard, yes." All of Ponyville had; Rarity had given Pinkie a run for her money in terms of sheer unbridled joy once she'd spotted the article that morning. Wait. "Is Rarity still celebrating?"

Sweetie Belle stopped her slow, automaton-like trudge just before she hit the central reading table. She looked back, the fury in her eyes eerily similar to how her sister looked five days into a mission with no access to plumbing beyond whatever clouds Rainbow could carry down. "Mom and Dad are on vacation, the record player keeps getting louder, somepony sold her fireworks, and Barneighs is closing."

An explosion echoed in the distance. Twilight made a mental note to check Trixie's whereabouts in the morning. "I'll get the guest bed ready."

[Olden Bronie]

5100771
Then again, perhaps it is a time to set aside decorum.

Poor Sweetie!

[Malandy]

5100771

"The bloodshot-eyed filly trudged inside. Twilight moved aside to avoid getting very slowly gored."

HA!

...

oh wow! Nice bit with sisterly similarities!

[Justy]

It's Chapter 11, unfortunately. Same thing happened twenty years ago and they came back.

[Bookeater_otaku]

This sound like it deserves a story.

[Claw in Cursive]

5100722
I've never heard that one before. It's both hilarious and melancholy for me. Hilaricholy? Melanious?

Oh, and FoME's little vignette is funnier than it should be.

A good way to remember Chapter 11 vs. Chapter 7 bankruptcy is this: Chapter 11 is like calling the fire department when the kitchen is on fire. Chapter 7 is calling your mom to crash on her couch because the house is gone.

[son_of_heaven176]

5100700
Where did you get those quotes? I'm pretty sure they're not from the linked article.

[son_of_heaven176]

5100771
Wow. You captured the Style quite well.

[Captain Nitpick]

5101390
The Wikipedia article on Barneys.

[Nyperold]

5100700
So in other words, Rarity is 1) celebrating too soon, and 2) not thinking it through. Now who's going to be her "Danger Ahead sign", even if it were 7 rather than 11?