A sluggish back-to-school season tripped up retailers reporting August comparable-store sales Wednesday, possibly foreshadowing what’s to come when most comps roll in today.
For Kohl’s Corp., J.C. Penney Co. Inc., American Eagle Outfitters Inc., Hot Topic Inc. and Zumiez Inc., late back-to-school shopping in August provided limited relief from frugal spending. The pickup failed to reverse declines in same-store sales, except in the case of Zumiez.
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