Phil Wahba
Fortune
New York, NY, United States
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Recent articles by Phil:
Walmart Names New CEO For Its $332 Billion U.S. Division
Discount retailer Walmart U.S. will soon have a new CEO tasked with continuing to fight back at Amazon. → Read More
Rent the Runway Resumes Taking New Orders and Customers After Fixing Warehouse Chaos
The online clothing rental company says it has resumed taking orders and accepting new customers. → Read More
Mall Developer Simon Takes 50% Stake in Rue Gilt And Launches Online Outlet Marketplace
Simon wants in on online outlet sales as they begin to boom. → Read More
Mall Developer Simon Takes 50% Stake in Rue Gilt And Launches Online Outlet Marketplace
Simon, the biggest U.S. mall developer, is partnering with Rue Gilt to launch an online marketplace for outlet shoppers. → Read More
Gap Inc.'s Hill City Set to Pop Up Offline in a Physical Retail Space
Gap Inc.'s Hill City, a men's athleisure brand, is the latest digitally-native apparel maker to turn to physical retail for growth. → Read More
How Forever 21 Lost Its Way and Ended Up Filing for Bankruptcy
The fast fashion chain got bogged down by aggressive expansion and a sprawling international operation. → Read More
Rent the Runway Is No Longer Taking New Customers, Orders
The rental service is taking a break from taking on new customers or accepting new orders will it fixes a massive operational mess. → Read More
McKinsey Is Opening A Store At the Mall of America
Why is a white shoe consulting firm opening a brick-and-mortar store? To evaluate new technologies and compel shoppers to spend more. → Read More
Old Navy Is About to Sail Away From Gap Inc.—and Into Some Choppy Waters
CEO Sonia Syngal prioritizes playfulness and innovation as the apparel giant prepares for its spin-off. → Read More
Old Navy Is About to Sail Away From Gap Inc.—and Into Some Choppy Waters
CEO Sonia Syngal prioritizes playfulness and innovation as the apparel giant prepares for its spin-off. → Read More
Target to Open Dozens of Disney Stores in the Next Year
The discount chain will open Disney stores in its latest threat to department stores like J.C. Penney. → Read More
How Target Managed a Big-Box Turnaround
Two and a half years after its big bet spooked shareholders, Target is posting ticker-tape-parade-worthy results. Here's how. → Read More
Walmart Reports Stellar U.S. Results Under Cloud of Gun Debate
Walmart posts strong U.S. second quarter 2019 revenue, taking market share and building online sales, as it's pulled into the gun debate after the El Paso Walmart shooting. Walmart says it sells 2% of America's firearms. → Read More
Macy’s Stock Tanks as Old Problems Prove Intractable
Wall Street is losing faith that Macy's can pull off a long-awaited comeback. → Read More
Barneys’ Bankruptcy Shows Dangers of Luxe Department Store Expansions
Barneys will become a much leaner retailer, key to its long-term survival, as a niche player focused on true luxury emporia—and not held back by poor stores that consumers don't want anyway. → Read More
How Etsy Crafted an E-Commerce Comeback, From Search to Shipping
To survive competition from e-commerce giants, the handmade-goods retailer had to persuade its quirky community to get just a teensy bit corporate. → Read More
E-Bike Sales Are Putting a Charge in the Fortunes of Bikemakers
The latest trend on two wheels marks a new era for the bike industry. Every few years, a new sensation comes to the rescue of a beleaguered U.S. bicycle industry. In the 1970s, 10-speed bikes from Europe sparked a boom stateside. A decade later, mountain bikes renewed the business. A few years after that, American […] → Read More
Stitch Fix Is Testing New Ways To Generate Revenue
Stitch Fix CEO Katrina Lake thinks people are overwhelmed with choice when shopping for clothes, a trend that will fuel her company's growth. → Read More
Walmart Says Stores Give It An Edge Over Amazon
Walmart CEO Doug McMillon says the chain's stores give it a big edge over Amazon. → Read More
Etsy Will Start Pushing Sellers To Include Free Shipping
The perk is standard at many e-commerce rivals, but it can be hard to find on the handmade-goods site. → Read More