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Kohl’s US reports winning Christmas sales

After good updates from both Macy’s and JCPenney, news of positive sales growth from Kohl’s US comes as no surprise. However, the extent of the increase is impressive and suggests that Kohl’s grew its market share over the holiday season. The 6.9 per cent uplift in comparables puts Kohl’s firmly in the winner’s enclosure. Admittedly, growth comes off the back of a weak prior year, when comparables declined by 2.1 per cent, but despite this, Kohl’s performance