Finance & Capital Management

Atlanta -- The Home Depot announced it has named Teresa Wynn Roseborough executive VP general counsel and corporate secretary, effective in November.

Roseborough, who will be responsible for leading The Home Depot's legal department, as well as its government relations and corporate security services functions, joins the chain from MetLife, where she most recently served as deputy general counsel.

New York City -- Despite ongoing concerns about the economy, retailers fared surprisingly well in September, helped by the tail end of back-to-school shopping and cooler temperatures.

New York City -- Costco Wholesale Corp. turned in a strong September performance, recording a 12% rise in same-store sales for the month.

Target Corp., helped by strong sales of groceries, beauty products and clothing, saw September same-store sales rise 5.3%. Sales for the period rose 6.5% to $5.9 billion.

A moderately better than expected 5.3 % September same-store sales increase was driven by broad-based gains in most categories nationwide, Target reported on Thursday. The increase was due almost entirely to larger average transaction sizes and came on top of a prior year increase of 1.3%. The company also noted that customer traffic as measured by comparable-store transaction increase a little more than 1%.

Minneapolis -- Christopher & Banks Corp. reported Thursday a net loss of $13 million for the quarter ended Aug. 27, compared with a loss of $2.5 million in the year-ago period.

Sales dropped to $96.2 million from $101.3 million, and same-store sales declined 8% during the quarter.

For the second half of fiscal 2012, the retailer said it plans to open approximately eight new stores and close approximately 17 existing stores.

WASHINGTON — A report released Thursday by the National Retail Federation predicted an average holiday shopping season. According to the NRF forecast, holiday retail sales for 2011 are expected to increase 2.8% to $465.6 billion. While that growth is far lower than the 5.2% increase retailers experienced last year, it is slightly higher than the 10-year average holiday sales increase of 2.6%, according to NRF.

Springfield, N.J. -- Village Super Market, which operates 28 supermarkets under the Shop Rite name in the Northeast, reported Thursday that net income for the fourth quarter was $8.8 million, an increase of 14% after backing out the extra week in last year’s fourth quarter.

Without the adjustment, net income fell from $8.9 million a year earlier.

Revenue rose nearly 1% to $345 million from $342.7 million. After excluding the extra week, revenue increased nearly 8%. Same-store sales rose nearly 8% excluding the extra week.

FORT WORTH, Texas and DALLAS — Pier 1 Imports announced that it has, through a subsidiary, signed a new, long-term private-label credit card agreement with Alliance Data , a provider of loyalty and marketing solutions derived from transaction-rich data.