Sears, Kohl’s to use discounts to salvage holiday sales

Sears, Roebuck & Co. and Kohl's Corp. are among the retailers who will offer after-Christmas discounts of more than 70 percent and count on gift cards to recoup sales lost before the holiday because of snowstorms in the Northeast. Sears, the largest U.S. department-store chain, is taking 30 percent off already-discounted clothing while rival department…

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