Yesterday I had my first warehouse sale experience and it was Barney's. I heard that people were there waiting in the line already for an hour before the opening! And at 2pm the madness was still going on. There were many really good bargains, for example I found Celine shoes exactly in my size and 75% off but still about 400$, so not worth it.
It was very funny and seeing all those uberexpensive designer items, which were very exclusive few months ago when they first arrived in the stores, now in huge piles and cardboard boxes! It looked like a huge thrift store! But still worth a go.