Phil Wahba
Fortune
New York, NY, United States
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Recent articles by Phil:
r/Wallstreetbets: AMC, Tootsie, and Express are getting the GameStop treatment too
Even Blockbuster is in on the insane short squeeze action. → Read More
Why Target is deepening its partnership with Levi's
Target's boom is helping it supplant department stores for many brands. → Read More
The pandemic is turning Etsy-owned music gear site Reverb into a juggernaut
The pandemic saw many Americans turn to ukuleles for solace. → Read More
Carnival cruises canceled and Bond flick delayed as COVID drags on
One company after the next has again suggested the return to normal will take longer. → Read More
Biden COVID vaccine pledge: Business leaders praise new president's plan to roll out coronavirus vaccinations
Corporate America also wants progress on immigration and infrastructure from the Biden team. → Read More
Procter & Gamble gets big lift as Americans continue their clean-freak ways
Even its $300 electric toothbrushes are selling like hotcakes. → Read More
In Staples acquisition offer, Office Depot sees opportunity to exit retail
ODP has proposed a cute solution to possible regulatory hurdles. → Read More
How NordicTrack’s parent ICON is reinventing itself in the fitness tech wars
The company has a plan to withstand Peloton's competition. → Read More
Poshmark shares jump 141% in debut as Wall Street buys into growth plan
And the site plans to work directly with brands in the near future. → Read More
Petco jumps 63% in its return to the stock market
The big-box retailer has a road map for future success. → Read More
Dollar General is paying employees to get the COVID-19 vaccine
The dollar chain will give staff an extra four hours of wages to get the COVID-19 shots. → Read More
Target’s strong holiday numbers prove retailers don’t need Black Friday anymore
Target will stay closed on Thanksgiving again this year. → Read More
These Fortune 500 companies are halting contributions to Republicans (and Democrats) in the wake of Capitol attacks
"We will not support candidates who do not support the law," Citi head of global government affairs Candi Wolff told staff in an internal memo. → Read More
A record 12,200 U.S. stores closed in 2020 as e-commerce, pandemic changed retail forever
About of third of store closings were by mall-based chains. → Read More
Business leaders decry ‘disgusting’ storming of Capitol by rioters, urge Trump to end chaos
The CEOs used unusually strong language in condemning the attempted coup. → Read More
Macy's is closing 45 stores in the first wave of turnaround plan
The department store chain is getting out of the dumpiest malls in the first wave of its plan to close 125 stores. → Read More
How Peloton’s $420 million Precor deal positions the company for post-pandemic life
The bike-maker's products will be Made in the U.S.A. by late next year. → Read More
Fueled by COVID-19, U.S. deaths will top 3 million in the deadliest year on record
The last jump this big in American deaths was during the 1918 influenza pandemic. → Read More
Next stimulus: Congress COVID-19 relief bill includes $15B for Broadway, music venues, movie theaters
Some 90% of the country's live music venues are in peril. → Read More
Nike shares hit all-time high on strong digital sales
The stock price has more than doubled during the pandemic thanks to strong e-commerce. → Read More