Phil Wahba, Fortune

Phil Wahba


New York, NY, United States

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Recent articles by Phil:

J.C. Penney is closing up to 140 stores as turnaround falters

J.C. Penney is closing up to 140 stores as turnaround falters → Read More

Kohl's Will Shrink but Not Close Stores to Fend Off Declining Sales

Some 500 stores will be in the chain's smaller format. → Read More

Procter & Gamble to Lower the Prices on Some Gillette Razor Blades

Dollar Shave Club has been nicking its market lead. → Read More

Victoria’s Secret Sales Are Down 20% and L Brands’ Stock Is Plummeting

Victoria's Secret sales are plunging, slamming L Brands shares → Read More

T.J. Maxx Demolished Macy’s During the Holidays

T.J. Maxx parent reports another holiday season way better than Macy's → Read More

Why Tiffany Just Added a Retail Rockstar to Its Board

Tiffany adds 3 directors, including Tory Burch co-CEO and retailing legend Roger Farah, amid activist pressure to improve its long lagging results. → Read More

Walmart shares jump on 29% e-commerce growth

Walmart shares jump on 29% e-commerce growth and its tenth straight quarter of U.S. comparable sales gains. → Read More

Can America’s Department Stores Survive?

These retail giants need to break their old, bad habits and reinvent themselves—or face extinction. → Read More

Macy's Forecasts Another Year of Sales Declines in 2017

Macy's forecasts another year of sales declines in 2017 as shoppers continue to shift away from department stores → Read More

The North Face Is Pulling Back From TJMaxx to Keep Its Full Price Cred

Once shoppers are hooked on discounts, they won't go back. → Read More

DineEquity CEO Quits After Applebee's Sales Declines Worsen

DineEquity CEO Quits After Applebee's Sales Declines Worsen → Read More

Kate Spade Is Officially Up For Sale

And investors like it. → Read More

Walmart Continues E-Commerce Shopping Spree With $51 Million Deal for Outdoor Retailer Moosejaw

Walmart buys Moosejaw for $51 million in new move to spur e-commerce → Read More

Why Warren Buffett Has Dumped 90% of His Walmart Shares

Warren Buffett Largely exits Walmart Investment After 12 years → Read More

Neiman Marcus Is Testing Plus-Size Departments at Its Outlet Stores

Neiman Marcus trying out plus-size departments at its outlet stores in a bid to build up its shrinking customer base → Read More

Sears Points Out It Is Still Technically Selling Trump Merchandise

Sears says it continues to sell Trump merchandise on its marketplaces, seeking to avoid the kind of controversy that has ensnared Nordstrom → Read More

Macy's Stock Could Go Up 50% Says Barron's

Macy's stock could go up 50% says Barron's because of its online growth and the value of its stores → Read More

Sears Shares Jump 35% on $1 Billion Cost Cut Lifeline

Sears stock rises 35% on $1 billion cost cutting effort aimed at improving its liquidity as sales continue to plummet → Read More

CVS Health Says it Is Not to Blame For Skyrocketing Drug Costs

Don't blame us for dramatic drug price hikes—that was the clear message from drugstore and pharmacy benefits manager CVS Health on Thursday. → Read More

Michael Kors Banks on Higher Quality Handbags to End Sales Funk

Michael Kors stock falls 12% as the fashion house reports poor results and the fashion house says it will improve quality to shake slump. → Read More