By  on January 2, 2018

The $1.5 trillion overhaul of the U.S. tax system that President Trump signed into law just before Christmas has put retailers and fashion brands into an unfamiliar situation — with some extra cash coming and incentives to put it to work.

That’s a welcome change for retailers, after a difficult 2017, when the populist movement that swept Trump into office stoked uncertainty. And while that didn’t hurt the stock market, which roared repeatedly to new highs, it did seem to further distract shoppers, who were already seeming to lose interest in shopping and sinking further and further into their smartphones.

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