Why Nordstrom Steamed Ahead as Old Navy Sank

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Why Nordstrom Steamed Ahead as Old Navy Sank
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Goodbye, sweatpants; hello, dress pants. A clear signal from apparel retailers reporting results lately is that customers are finally starting to dress like adults again.

A clear signal from apparel retailers reporting results lately is that customers are finally starting to dress like adults again.

But, just as with the customers they attract, there are haves and have-nots: Brands with higher price tags are feeling much less of a pinch from inflation than affordable ones.

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