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MENOMONEE FALLS, Wis. (AP) -- Department store operator Kohl's Corp. said Monday it has added five executives to its senior management from within the company after posting disappointing same-store sales in August amid a tough retail market. Donald Brennan, 47, and John Worthington, 43, have been named principal officers. Brennan will oversee merchandising divisions and Worthington will oversee store operations, store administration, merchandise presentation and loss prevention. Thomas Kingsbury, 54, will continue as senior executive vice president and will now oversee marketing, business development, e-commerce and information technology. Jon Grosso, 40, has been promoted to executive vice president and director of stores, overseeing store operations. Jeff Manby, 42, has been promoted to executive vice president and general merchandise manager of men's and children's divisions. Paige Thomas, 36, has been promoted to executive vice president and general merchandise manager of juniors and jewelry divisions. Kohl's and other retailers are facing a challenging environment for growth as consumers tame discretional spending. The company said its same-store sales fell less than a percent in August as apparel demand slowed. Same-store sales, or sales at stores open at least a year, is a key indicator of retailer performance since it measures growth at existing stores rather than newly opened ones. The indicator's August "softness and heavy inventory levels in the context of a tougher consumer backdrop make it challenging for us to get more positive on the stock," said JPMorgan analyst Charles Grom in a note Monday. Kohl's Chairman and Chief Executive Larry Montgomery said the new top-level executives, who were all chosen internally, "possess an extensive understanding of our business and are instrumental to our continued success." Kohl's shares rose 4 cents to $53.19 in after-hours trading.
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