NEW YORK — Barneys New York will open a Co-op store in South Beach, Miami, in early September, and is considering expanding the chain to 10 to 15 stores within five years, Howard Socol, chairman, chief executive and president of the retailer, said Monday.

As far as expansion, Barneys is taking it slow with Co-op, currently operating just two units, both here, on 18th Street in Chelsea and on Wooster Street in SoHo. The Co-op also operates inside Barneys’ Madison Avenue flagship occupying the seventh and eighth floors, and continuing to be among the store’s most trafficked departments.

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