Mike Troy serves as editor of RetailingToday.com, Connecting Northwest Arkansas and Retailing Today’s other electronic products and periodic special reports. A career journalist and communicator, Mike has spent the past two decades involved in and covering all aspects of the retail industry. He’s interviewed thousands of retail executives and their supplier counterparts, spent time in all trade channels in the U.S. and overseas, conducted store tours and spoken to groups large and small about issues and trends affecting the retail industry. Mike’s experience, insight and candor lends a unique perspective to all of Retailing Today’s products.
He is a native of Iowa and received a Bachelor of Science degree in journalism and international studies from Iowa State University in 1984.
Mike can be reached at 813-627-6946 or mtroy@LF.com.
First quarter sales at Amazon.com surged 34% to $13.2 billion during the first quarter ended March 31, but profits declined 35% to $130 million due to rising expenses related to growth initiatives.
Another 90 Target stores are slated to receive fresh food in June as part of a major remodeling initiative that has become known simply as PFresh.
Landfill operators got some bad news this week when Walmart said it prevented 81% of waste generated by U.S. stores from going to landfills. That nugget is just one example of the progress Walmart has made on its broad sustainability agenda and was among numerous others contained in the company’s 5th annual Global Responsibility Report released this week.
Walmart and healthcare partner Humana are out with a new prescription drug program called Rx4Value that guarantees saving and relies on the proven strategy of improving affordability by restricting choice to generic drugs.
Impressive. That is the best way to describe what a ballroom full of financial analysts and thousands of others watching via Web cast saw unfold Thursday inside a Toronto hotel ballroom where Walmart held its annual international meeting for the financial community.