January Prelim Comps Target up 3.4% vs Last Year - Redbook

Same-Store Sales for the 5th week in December were up 4.1% vs a year ago, according to Redbook. December same-store sales were up 3.6% vs a year ago, and December same-store sales were down 0.6% vs November. Redbook set preliminary January comps sales target at up 3.4% vs last year and up 0.2% vs December.

J. C. Penney Company, Inc. (NYSE: JCP) and Sears (Nasdaq: SHLD) traded lower early on Tuesday.

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