Kohl's struggles with same economy that let Macy's thrive

|About: Kohl's Corporation (KSS)|By:, SA News Editor

Management at Kohl's (KSS) is taking some heat from retail analysts after putting in a soft quarter which it blamed on the economy again. It's the same consumer spending backdrop that Macy's dealt with as it accelerated sales throughout the fall.

An inventory rise of 2% at Kohl's in Q3 could be cause of concern and the company's claim that it's "well-positioned" to gain market share in Q4 is ringing hollow after a string of misses.

KSS -8.9% premarket.