By  on August 12, 2010

Kohl’s Corp. is making the most of what economists are starting to think of as an “epidemic of thrift” that could keep the economy limping along for another year or more.

Echoing Macy’s Inc.’s results from a day earlier, Kohl’s posted stronger second-quarter profits and sales Thursday, with private and exclusive brands bringing in 49.1 percent of its business. Kevin Mansell, chairman, president and chief executive officer, said the firm had room for additional exclusives and plans to unveil a “major” new initiative soon. That could bolster its branded lineup, which already includes Simply Vera Vera Wang and Fila Sport.

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