Friday, February 5, 2010

Blooming in Dubai

Meanwhile, they are closing down and laying off here.

"Bloomingdale’s opens store in Dubai" by Associated Press | February 1, 2010

DUBAI, United Arab Emirates - The Dubai Bloomingdale’s is a $73.4 million joint venture between the department store chain’s Cincinnati-based parent, Macy’s, and Dubai retailer al-Tayer Insignia.

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Related: Dubai's Debt