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Kohl's Corp. said Thursday its third-quarter profit fell 17 percent as revenue dropped amid the consumer pullback, and it lowered its outlook for what it said would be "the most challenging" holiday season in years.

Kohl's Corp. says its third-quarter profit fell 17 percent as revenue dropped amid a continued pullback in consumer spending.

McDonald's Corp. said Wednesday its third-quarter profit jumped 11 percent, propelled by strong same-store sales both overseas and in the U.S.

The nation's biggest hamburger chain is doing better than many restaurant companies as consumers economize on dinners out.

How to handle a breach of loyalty.

Overseas consumers spent more at McDonald's Corp. in August, leading the nation's No. 1 hamburger chain to surprise investors by posting a big rise in global same-store sales.

McDonald's Corp. said Tuesday that its global same-store sales, or sales at locations open at least a year, jumped 8.5 percent in August.

McDonald's Corp., the nation's No. 1 hamburger chain, said Tuesday its global same-store sales rose 8.5 percent in August, helped by a big jump in overseas sales.

Overseas consumers spent more at McDonald's Corp. in August than Wall Street expected, leading the nation's No. 1 hamburger chain to surprise investors by posting a big rise in global same-store sales on Tuesday.

Early reports from several retailers including J.C. Penney Co. and Kohl's Corp. confirmed on Wednesday what Wall Street had already expected: a weak start to the back-to-school shopping season.

Early reports from several retailers including J.C. Penney Co. and Kohl's Corp. confirmed on Wednesday what Wall Street had already expected: a weak start to the back-to-school shopping season.