Finance & Capital Management

The nation’s largest supermarket operator reported profit that surpassed Wall Street expectations and raised its annual forecast.

Express continues to make all the right moves, reporting better than expected results for its third quarter and raising its 2015 outlook.

Dollar General Corp. missed Wall Street projections for sales in its third quarter, but the chain came out on top again in its earnings. It also named a permanent CFO.

Ulta Beauty's formula of one-stop shopping for prestige, mass and salon beauty products continued to produce impressive sales growth in the third quarter.

Everything old is new again at American Eagle Outfitters, apparently with good reason.

The teen apparel retailer on Wednesday named Jay L. Schottenstein as CEO, effective immediately. Schottenstein, who has served as interim chief since January 2014, will also continue in his role as executive chairman of the board. The news of his appointment came as the retailer reported a strong increase in its third quarter earnings. It was the chain’s third consecutive quarter of increased sales and profits.

Phoenix-Mesa-Scottsdale, Ariz. -- Kimco Realty Corp. announced that it purchased Christown Spectrum power center in the Phoenix-Mesa-Scottsdale, Arizona for $115.3 million. The property is an 850,000 sq. ft. center situated one mile east of Interstate 17 and lies adjacent to the second-busiest light rail station in Phoenix.

Virginia Beach, Va. -- Wheeler Real Estate Investment Trust announced that the company has entered into a contract to acquire 13 properties located in South Carolina and one property located in Georgia from a private third party. The company expects to close on the properties in first quarter 2016 and will use a combination of cash, debt and operating partnership units to acquire the assets.

Target Corp. has tentatively reached another milestone in its continuing efforts to remediate financial losses caused by its massive 2013 data breach.

The nation’s largest supermarket operator has been on a tear since 2014, increasing its portfolio through acquisitions, reports The Cincinnati Enquirer. “We could get more deals by Kroger – and we should get more deals, more stores and more growth,” Scott Mushkin, an analyst with Wolfe Research in New York, said in the report. [The Cincinnati Enquirer]

Retailers are paying more and offering more incentives to secure experienced in-store help to increase sales

At least that’s according to a new survey by Korn Ferry Hay Group, a leading global hiring and organizational advisory firm.