Mike Troy

Articles by this author:

  • Wed Nov 19 2014

    Increased use of tablets and smartphone this holiday season will help online sales grow 16% to a record $61 billion, but desktop computers still dominate, according to the online measurement firm comScore.

    The company said online sales during the November and December timeframe would be primarily driven by desktop computers, but noted that mobile devices are growing at a faster rate. Spending using desktop computers is projected to grow 14% to $53.2 billion while mobile commerce is projected to grow 25% to $7.9 billion and account for 13% of total e-commerce sales.

  • Mon Oct 13 2014

    Kmart said its store payment systems were penetrated by cybercriminals who used a form of malware undetectable by current anti-virus systems.

    The retailer said its information technology team on October 9 detected its payment data systems had been breached and immediately launched a full investigation working with a leading IT security firm. It was determined the breach began in early September and upon detection Kmart said it was able to quickly remove the malware.

  • Tue Sep 23 2014

    Atlanta-based The Home Depot is promoting an Auto Supplies department.

    Brands getting star billing in the new store effort include Exide, Michelin, Prestone and Penzoil.

    "Automotive products are a natural extension of what The Home Depot already offers with its growing selection of mechanics tool sets, welding and soldering tools and tool storage products that are specially designed for automotive tools," said Alyssa Steele, merchant for The Home Depot.

  • Tue Aug 05 2014

    Fitness guru Jillian Michaels and Kmart this month plan to launch a new line of performance activewear branded as Impact by Jillian Michaels as part of Kmart's strategy to expand and strengthen health and wellness offerings.

    The product line will be available online beginning August 10 for Kmart’s Shopyourway.com members and in stores on August 17 with prices ranging from $10.99 to $36.99. The line of apparel and accessories encompasses categories such as core training, running, yoga and lifestyle.

  • Fri Aug 01 2014

    Retail and consumer products veteran Brian Cornell was named chairman and CEO at Target to fill two of the three roles previously held by the company’s former top executive Gregg Steinhafel.

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  • Fri Jul 25 2014

    Walmart named Greg Foran president and CEO of its U.S. stores division to replace Bill Simon, who is leaving the company after an eight-year run.

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  • Mon Jul 07 2014

    The connected home space is getting crowded with Staples Connect the newest platform looking to simplify peoples’ live by putting them in constant contact with their home or business. 

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  • Tue Jun 10 2014

    Fernando Madeira will succeed Joel Anderson as president and CEO of Walmart.com to help the retailer further a growth strategy focused on winning at the integration of physical and digital. Anderson left to become president of fast-growing teen and pre-teen retailer Five Below. 

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  • Tue Jun 03 2014

    Walmart Canada president and CEO Shelley Broader’s role has changed to include oversight of Europe and Africa.

    Broader was named EVP, president and CEO of Walmart EMEA, a region Walmart defines as including Canada, Europe, the Middle East and Sub-Saharan Africa. 

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  • Thu Apr 03 2014

    Home Depot’s fifth annual Spring Black Friday promotional event is underway and one of the “Wow,” items being featured is an outdoor product tool system with the industry's most powerful rechargeable battery.

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