Phil Wahba
Fortune
New York, NY, United States
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Recent articles by Phil:
Neiman Marcus Takes Stake In Online Pre-Owned Luxury Goods Marketplace
The high-end chain will have counters at five-seven stores to drop off luxury castoffs for resale online. → Read More
Best Buy Names Finance Chief Corie Barry to Replace Hubert Joly as CEO
CFO Corie Barry has been with the retailer for 20 years. → Read More
Madewell IPO? J.Crew Mulls Solutions for Crushing Debt
The fashion retailer is choking. Selling its popular denim brand is one option for relief. → Read More
Macy's New Boutique Will Showcase Different, Quirky Products Every Two Months
Macy's is betting on its Story at Macy's concept to enliven its stores. → Read More
Wayfair Is Latest E-Commerce Retailer to Open a Physical Store
Wayfair said on Tuesday it would open its first ever store, becoming the latest e-commerce star to embrace physical retail. → Read More
How CEO Chip Bergh Plans to Maintain Levi's Winning Streak After Its Red-Hot IPO
The 166-year-old denim brand saw shares soar 32% on its first day back on a stock exchange. → Read More
Levi Strauss IPO Prices Well Above Range for a $6.6 Billion Valuation
Levi's is the new, yet very old, kid on the trading block. → Read More
Victoria's Secret Formally Returns to Swimwear Market
Victoria's Secret on Monday unveiled its new swimwear assortment, reversing a decision three years to exit a once big part of its business. → Read More
Neiman Marcus Plants Its Flag in New York's Luxury Battlefield
Neiman Marcus, the Dallas-based high-end department store chain, is planting its flag in the competitive world of New York retail. → Read More
Dollar Tree to Close or Rebrand Up to 600 Family Dollar Stores
Repositioning to better compete with Dollar General. → Read More
How Hudson's Bay CEO Helena Foulkes Is Getting the Retailer to Focus
The department store operator needed to wrestle with some hard truths. → Read More
Saks Takes Back Fifth Avenue
A $250M upgrade of its Manhattan department store is the tip of the spear. → Read More
Gap Is Spinning Off Its Wildly Successful Old Navy Chain
Gap Inc. said on Thursday it was spinning off its Old Navy chain and will also close 230 namesake stores. → Read More
J.C. Penney Once Again Learns It Has to Listen to Shoppers
J.C. Penney on Thursday reported poor quarterly results but shares shot up as its new CEO pledged to be more focused. → Read More
Best Buy Stock Jumps 17% After Strong Holiday Season
Fortnite gave it a boost, but Best Buy has helped itself too. → Read More
Macy's to Thin Top Management Ranks as Sales Growth Remains Modest
Macy's said on Tuesday it would cut 100 senior level jobs in a $100 million restructuring and forecast modest sales growth in 2019. → Read More
Walmart's Stellar Holiday Season Proves Stores Are Retail's Anti-Amazon Moat
Walmart reported strong holiday quarter results on Tuesday, showing how its massive investments in e-commerce is paying off. → Read More
More appliances, less clothing are Sears' Hail Mary pass.
Sears strategy post bankruptcy will be to focus more on appliances, tools and smaller stores, and less on apparel, a challenging strategy. → Read More
Levi's To Return To Stock Exchange After Strong Comeback
Levi Strauss filed paperwork on Wednesday for an initial public offering that would see it return to the stock exchange after a turnaround. → Read More
The key to success for Under Armour will be to focus on product performance.
Under Armour reported improved profit but weak sales on Tuesday, illustrating the tough fight ahead to repair the brand. → Read More