Photo: Cherie Diez/Zuma PressRetailers extended their run of good news on Tuesday with Kohl’s Corp. KSS 0.53% and the parent of T.J. Maxx reporting strong quarterly results. Kohl’s sales excluding newly opened or closed locations rose 3.1% in the three months to Aug. 4. Net sales rose 3.9% to $4.31 billion. Sales grew across all categories, including a 7% increase in its division that includes the T.J. Maxx and Marshalls chains. Last week, Walmart Inc. said its quarterly sales rose at the fastest pace in more than a decade.

Source: Wall Street Journal August 21, 2018 12:21 UTC