Monday, January 8, 2018

Kohl's joins holiday party, dept. stores show staying power

FILE - In this Aug. 22, 2017, file photo, shoppers walk to a Kohl's retail store in Salem, N.H. Kohl’s said its holiday sales surged 6.9 percent from the prior-year period, another sign that the retail industry experienced healthy growth during the critical shopping season. The company also boosted its full-year earnings forecast, citing the better-than-expected performance. (AP Photo/Charles Krupa, File)
            Kohl's put up strong sales numbers throughout November and December, joining other traditional department stores in a much needed holiday rally.

Comparable-store and total sales surged 6.9 percent during the critical end-of-year shopping period, Kohl's said Monday, providing more evidence that department stores are learning to better compete against Amazon.com.. . . more

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