Phil Wahba, Fortune

Phil Wahba


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