Discount fashion chains land on elite New York streets

10/12/2010 | New York Times (tiered subscription model), The

Discount apparel chains including TJ Maxx, Century 21 and Nordstrom Rack are finding post-recession opportunities to open new stores in some of Manhattan's most upscale neighborhoods. "In the context of what is happening in our economy, off-price retail stores are optimized for growth," said Susan Reda, the editor of Stores Media, an arm of the National Retail Federation.

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New York Times (tiered subscription model), The

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