Word on the street is that Bloomingdale’s is close to signing an agreement with Simon Property Group Inc. to open outlets around the country. I hope that this pulls through because I think it will increase the company’s sales even more. A lot of people are still struggling in this economy, but still love fashion and want to be able to wear their favorite brands, but can’t afford the garments at full price. I love Nordstrom’s Rack because you can find so many great things for so much less than what you would see at a regular Nordstrom’s. I like to go to the department outlets for jeans, because I still think they are so ridiculously over priced. I think that if Bloomingdale’s had the same concept as Nordstrom’s rack, many people would be happy to go shopping there. I believe most of us agree that opening these outlets would only have a positive affect on the company.