Kohl's expects rising sales in back-to-school quarter

Kohl's Corp reported a better-than-expected second-quarter profit on Thursday despite weak sales as the retailer reined in its costs and forecast business would improve during the back-to-school quarter. A Kohl's department store in Glenview, Illinois, USA / Photo: CorbisKohl's, which competes most directly with Macy's Inc and J.C. Penney Co Inc, forecast sales at stores open at least year, or same-store sales, would be flat to up 2 percent in the current quarter, an improvement over its weak

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