Kohl's beats Penneys in June sales growth
MENOMONEE FALLS, Wis. and PLANO, Texas Kohl’s reported that sales for the fiscal month of June increased 10.9% to $1.5 billion over the same period last year. By comparison, JCPenney reported a 0.4% decrease in sales to $1.6 billion for the June 2008 period.
Kohl's reported a comparable-store sales increase of 2.3% for June, while JCPenney reported a 2.4% decrease in comparable-store sales for the same period.