'Office Formal' Is a Perfect Fit for Low-Cost Clothiers

Last week, The New York Times joined a growing chorus of media outlets hailing the return of traditional office clothing. According to the Gray Lady, the new formality has a pretty strong generational breakdown: While baby boomers often saw office casual as a hard-won privilege, many of their children and grandchildren see the traditional work look as a rebellion of their own. For some retailers, on the other hand, it is one of the few bright spots in a brutal economic climate.