Strategy

AUSTIN, Texas — Newgistics, a provider of small parcel delivery, returns management and freight shipping services, has acquired AtLast Fulfillment, a Colorado-based provider of fulfillment and warehousing solutions.

Menomonee Falls, Wis. -- Kohl’s Corp. reported a better-than-expected second-quarter profit amid efforts to control costs. Sales, however, disappointed.

The retailer posted a second-quarter profit of $240 million, down from $299 million in the year-ago period.

Net sales were $4.2 billion, down 1.0% from last year. Same-store sales decreased 2.7% for the quarter.

Reston, Va. -- U.S. online retail spending reached $43.2 billion for the second quarter, up 15% over a year ago, according to comScore.

It was the eleventh consecutive quarter of positive year-over-year growth and seventh consecutive quarter of double-digit growth. The top-performing online product categories were: digital content & subscriptions, consumer electronics, flowers, greetings and gifts, computer hardware, apparel and Accessories. Each category grew at least 16% over a year ago.

Washington — The National Retail Federation, in partnership with its member companies, has launched a new initiative to address the challenges and opportunities of mobile retailing.

Costa Mesa, Calif. -- Donahue Schriber announced the acquisition of its third grocery-anchored shopping center in the last two months. The company reported the close of escrow on Del Mar Heights Village Center in San Diego County, Calif., which follows the acquisitions of Four Corners Shopping Center in Washington State and Bonita Centre, also in San Diego County.

New York -- Ralph Lauren Corp. said that its net income rose 5% in its first quarter, but the company forecast a revenue decline in the current quarter and sounded a note of caution about the weak global economy hurting consumer spending.

"The outlook for consumer spending and global economic growth remains challenging and we are planning our business accordingly," said CEO Roger Farah.

Net income from April through June was $193.4 million, up from $184.1 million a year ago.

Hoffman Estates, Ill. -- Kmart is responding to changing trends affecting the "back-to-school" experience with a number initiatives designed to meet the needs of its consumers.

According to Kmart, more public schools are requiring uniforms and others are now adopting a year-round school calendar. In response, Kmart has adjusted its approach to back-to-school by increasing the number of stores that sell uniforms and aligning its back-to-school sales periods by region to match that of the local school districts.

SANTA CLARA, Calif. — Trianz, a global consulting and turnkey execution services firm with clients in the retail space, has expanded its leadership team. Trianz has appointed Joanne Mack, VP consulting, to its leadership team and also expanded its U.S. presence by recently opening an office in New York City.