Clothing retailers are holding off on their crazy, desperate discounts a bit, and plan to discount less aggressively this summer. Why? Women’s Wear Daily reports that it’s not so much that the economy’s improving (it really isn’t) or unemployment has stopped rising (it hasn’t) but Americans need stuff. Retailers anticipate that they will need to mark down, but not at the desperate levels that have characterized the last six months or so.
By May 27, 2009