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Discounts come to upscale stores

Bob Wurtz scratched his head in awe when he saw the rows of designer clothes with red "30 percent off" signs in the Neiman Marcus at the Plaza at King of Prussia Mall last week.

Ray Wertz checks out a sweater at Hugo Boss, where an average suit can cost $850 to $1,000. Many upscale stores, including Neiman Marcus and Nordstrom, have traded no-markdown policies for discounted prices in an effort to attract customers in a down economy. (Charles Fox / Staff Photographer)
Ray Wertz checks out a sweater at Hugo Boss, where an average suit can cost $850 to $1,000. Many upscale stores, including Neiman Marcus and Nordstrom, have traded no-markdown policies for discounted prices in an effort to attract customers in a down economy. (Charles Fox / Staff Photographer)Read more