Despite Kalinsky, Norstrom STILL falters.

Man, you know the economy is REAL bad when someone like Jeffrey Kalinsky can't save a retailer like Nordstrom! The other day the retailer reported a fall in same store sales by 9.1% far worse than what analysts expected. Total sales dipped to $750 million from $803 million in 2007.  Jeffrey, who started the extremely well edited and influential Jeffrey boutiques in New York and Atlanta sold a majority interest of his stores to Norstrom and took on a full time gig. Problem is even his keen eye for knowing what's hot way before it sizzles (I bought my Balenciaga motorcycle bag because I saw it first at Jeffrey six years ago), isn't really working for Nordstrom right now.  The tourists aren't buying into it either!