How Kohl’s Is Outperforming Its More Upscale Rival Macy’s
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In the battle of department stores, Kohl’s Corp. has gained an edge on its more upscale rival Macy’s Inc.
The stock has outpaced Macy’s this year, bolstered by stronger holiday season sales. And investors are betting that the chain will maintain that advantage, with the shares trading at their highest premium to Macy’s in more than four years.