Same-store sales up at Macy’s, down at J.C. Penney and Kohl’s

Macy’s outdid rivals J.C. Penney and Kohl’s in October, posting a gain in same-store sales and exceeding analysts’ expectations. Kohl’s and J.C. Penney both posted declines in the same metric. Macy’s on Thursday reported a 2.5% increase in same-store sales in October and also lifted its second-half profit view. The company reported total sales of $1.807 billion for the four weeks ended Oct. 30, up 6.8% compared with last year.“Overall, we are pleased with our sales performance in the third quarter and the continued results of major strategies including our My Macy’s localization initiative. Bloomingdale’s sales continued to be