Kohl’s Corporation reported that for the four-week month ended August 25, total sales increased 5.3 percent and comparable store sales increased 3.4 percent over the year-ago period. Year to date, total sales increased 1.1 percent and comparable store sales decreased 0.6 percent.
Kevin Mansell, Kohl’s chairman, president and chief executive officer, commented, “Our August sales reflect improvement in our merchandise content, inventory levels and marketing strategies. All regions and lines of business reported higher sales for the month. Best performing businesses were footwear, men’s and children’s.”
|Total Sales||Total Sales||Comparable Sales|
|($ in millions)||2012||2011||2012||2011||2012||2011|
|August||$ 1,489||$ 1,414||5.3||%||(0.1||%)||3.4||%||(1.9||%)|
|Year to Date||$ 9,937||$ 9,824||1.1||%||2.9||%||(0.6||%)||1.1||%|
The company operates 1,134 stores in 49 states, compared to 1,097 stores
at the same time last year. The company will open 12 new stores in