Phil Wahba
Fortune
New York, NY, United States
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Recent articles by Phil:
Why Dollar General, dollar stores are big winners in the coronavirus pandemic
The dollar store chains continue to win business from rattled consumers with their low prices and ubiquitous stores. → Read More
Walmart to start selling second-hand clothing from thredUp
The discount retailer is now selling 750,000 items from thredUp to bolster its fashion cred. → Read More
Why TJX is re-emerging stronger from the lockdowns than Ross Stores
It's all about TJX having better home goods brands. → Read More
How Chipotle’s past food crises prepared it for the COVID-19 outbreak
The burrito chain's app and stringent food safety standards have helped it manage the pandemic's hit to its business. → Read More
Amazon Prime Day 2020: Amazon reportedly set to delay it until fall
The online giant is reportedly delaying its marquee shopping event to reduce the pressure on its operations. → Read More
How Lowe's is fixing its e-commerce business
The home improvement chain says online sales rose 150% in April. → Read More
How Shopify's CEO sees small business taking on Amazon
The tech company saw a 62% jump in the number of new e-commerce sites using its tools at the start of the pandemic. → Read More
The Coronavirus Economy: Meet the vocal coach keeping busy while opera stages are all dark
Rachelle Jonck has coached many top opera singers, but now is rethinking how to offer her craft. → Read More
Kohl's CEO says stores will be key post-pandemic
The discount chain's e-commerce rose 60% in April, blunting the COVID-19 blow. → Read More
Walmart’s online sales surge during the pandemic, bolstering its place as a strong No. 2 to Amazon
The pandemic has led to an online bonanza as Walmart fights off Amazon. → Read More
Opera houses face two daunting uncertainties: Reopen dates and funding from wealthy donors
The Metropolitan Opera could fall deeper into peril if opera does not return in the fall. → Read More
It’s a dogfight at America’s pet stores as COVID-19 upends the $96 billion industry
The pet industry has been recession-proof for decades. The coronavirus could change all that—and leave big-box giants PetSmart and Petco battling over scraps. → Read More
Why the pet industry hopes Americans will start treating their cats more like dogs
Pet owners spend about a third less on their feline companions than on dogs. Closing that gap could mean billions in new sales. → Read More
10 big business deals that are changing the pet industry
Recent acquisitions and investments have changed the balance of power among the fat cats and big dogs. → Read More
J.C. Penney is planning to close 242 stores
The bankrupt department store is banking on e-commerce to make up the stores' shortfall. → Read More
Misery at the mall: Which retail chains are hurting the most?
The trend everyone in retail is talking about? Financial distress. We examined suburban Chicago’s Oakbrook Center to see which chains are being hit the hardest. → Read More
J.C. Penney filed for bankruptcy
The ailing department store will seek a new start in a very difficult retail environment. → Read More
J.C. Penney faces a tough road ahead as it mulls bankruptcy protection
The struggling 118-year old department store said on Friday it had made a $17 million interest payment but was still considering unspecified "strategic alternatives." → Read More
Retail sales fall record 16.4% in April as pandemic idles stores
Mass store closing caused by COVID-19 led to a 16.4% drop in retail spending in April. → Read More
Coronavirus retail impact: Coach and Kate Spade to make bigger e-commerce push
The fashion brands are shifting a lot more of their business online, and the CEO hinted he may close more stores. → Read More