Phil Wahba, Fortune

Phil Wahba


New York, NY, United States

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  • Fortune

Recent articles by Phil:

COVID-19 testing is helping CVS Health win new customers. But can it keep them?

The drugstore chain has already administer 2 million COVID-19 tests. → Read More

Wayfair finally posts a profit thanks to COVID-19 shopping

The online furniture store won legions of new customers, but now the company has to keep them. → Read More

Ralph Lauren’s dismal quarter shows it remains too reliant on department stores

The fashion brand's online business growth was anemic during the lockdowns. → Read More

A running list of companies that have filed for bankruptcy during the coronavirus pandemic

A running list of major companies to file for Chapter 11 bankruptcy protection during the coronavirus pandemic and COVID-19 outbreaks. → Read More

Men’s Wearhouse and Jos. A. Bank parent company is the latest retailer to seek bankruptcy protection

Men just aren't in the market for suits right now. → Read More

Next Clorox boss will bring the number of Fortune 500 women CEOs to 38, highest yet

Linda Rendle has played a key role in Clorox's foray into wellness. → Read More

Neiman Marcus bows out of Manhattan, showing limits of NYC luxury market

The bankrupt luxury department store is only the latest to close in New York City. → Read More

Brooks sprints past the competition as the coronavirus turns more people into runners

Running shoe company Brooks is on its way to becoming a billion-dollar brand as more people start running amid the coronavirus. → Read More

Ann Taylor parent Ascena becomes latest retailer to seek bankruptcy protection

The mall-based clothing store operator buckled under a heavy debt and declining sales. → Read More

Walmart will be closed on Thanksgiving for first time in decades

No Black Friday doorbusters for Walmart Thanksgiving this year. → Read More

Tapestry's CEO is out, leaving 4 Black CEOs in the Fortune 500

The Tapestry CEO Jide Zeitlin will be replaced by the CFO Joanne Crevoiserat on an interim basis. → Read More

Malls are dying, but Nordstrom has no intention of being dragged down with them

Nordstrom now gets 38% of revenue now from its namesake department stores. Its online business and Nordstrom Rack stores generate most of its revenue. → Read More

Chipotle to hire 10,000 workers to expand mobile-order drive-thru

The company will set up more drive-thru 'Chipotlanes' to accommodate mobile-order only customers. → Read More

Best Buy will require shoppers to wear masks in all stores

On July 15, Best Buy will join the ranks of retailers like Costco, Apple, and Verizon that require shoppers to wear masks. → Read More

New York & Co parent company files for bankruptcy and closes hundreds of stores

The fashion retailer said it may close all of its stores. → Read More

Goodwill is updating the look of its stores to lift sales in resale market boom

The thrift stores are tapping into a desire for vintage, sustainable clothes. → Read More

Stock market: Albertsons' IPO prices well below its estimates

The grocery store company's IPO was much smaller than it hoped for. → Read More

Macy’s cutting another 20% of corporate jobs as coronavirus pummels sales

Macy's is looking to save $630 million a year as sales crater amid the coronavirus pandemic. → Read More

GNC is the latest retailer to file for bankruptcy, closing up to 1,200 stores

The vitamin chain will close as many as a quarter of its stores for now. → Read More

Macy’s trades big July 4 fireworks show for short, multi-day displays in concession to pandemic

The retailer found a way to salvage a marquee marketing event despite worries about social distancing. → Read More