Weak holiday sales at Kohl's, J.C. Penney highlight growing online threat

Weak holiday sales at Kohl's, J.C. Penney highlight growing online threat

Reuters

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

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