Bloomingdale's Dubai

12:01 AM ET Thu, 11 Dec 2008

Bloomingdale's is teaming up with Middle East luxury retailer Al Tayer Insignia to open its first store outside the United States. Bloomingdale's will open in Dubai in 2010 with two upscale divisions. CNBC's Margaret Brennan speaks to Bloomingdaleâ??s Chairman Michael Gould.