KRTL BioTech

Weak holiday sales at Kohl's, J.C. Penney spell more trouble for stores

Weak holiday sales at Kohl's, J.C. Penney spell more trouble for stores

Kohl's Corp and J.C. Penney Co Inc reported lower holiday season sales on Thursday, a sign that traditional brick-and-mortar retailers struggled to compete with record-breaking online shopping between Thanksgiving and New Year's Day.