After the strong November comparable sales, same-store sales at Kohl’s Corporation (NYSE:KSS) went down 0.1% in the five-week period ended December 31, 2011 compared with an increase of 3.9% in the year-ago period. However, on a year-to-date basis, same-store sales increased 0.5% in December 2011.
Comparable sales were primarily affected by weak sales in cold-weather categories due to December’s mild weather. On the other hand, same-store sales at Kohl’s upscale competitor Saks Inc. (NYSE:SKS) … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards