Phil Wahba on Muck Rack

Phil Wahba Verified

New York by way of Montréal
Retail and Consumer Goods Reporter — Fortune

I cover retail and consumer goods for @FortuneMagazine. Reuters alum. Obsessed with 26.2, Def Leppard, Canadiens.

Tiffany says full speed ahead in China

fortune.com — It's all doom and gloom lately when it comes to China and consumer demand for Western products there. Yet for all the expectations that the devaluation of the yuan and stock market meltdown this month would slam spending, one Western retailer says so far so good and is going full steam ahead with its expansion plans: Tiffany & Co .

Walmart throws down holiday season gauntlet with early layaway

fortune.com — Walmart is already sending a message loud and clear to the competition: it will fight hard, really hard, this holiday season to win customers' business. The world's largest retailer said on Thursday it would make its annual holiday season layaway program available to customers two weeks earlier than last year, lower the price for individual eligible items to $10 from $15, and give shoppers 90 days to pay instead of 60.
Aug 27, 2015

Walmart lobs first volley in holiday season wars: earlier layaway program for.tn/1MV5yWK yes. writing abt Xmas already $wmt

Aug 27, 2015

@Walmart lobs first volley in holiday season wars: earlier layaway program via @FortuneMagazine for.tn/1MV5yWK

Walmart to stop selling assault rifles

finance.yahoo.com — Walmart will stop selling AR-15 assault rifles as well as other modern sporting rifles because of lower consumer demand for those weapons rather than for political reasons, the company said on Wednesday. The world's largest retailer will replace rifles, which are sold at about one third of its U.S.
Aug 26, 2015

RT @YahooNews: .@WalMart to replace AR-15 assault rifles with more hunting rifles, shotguns due to low sales yhoo.it/1Vb7SKN via @YahooFinance

Walmart to stop selling rifles, citing ebbing demand

fortune.com — Walmart will stop selling AR-15 assault rifles as well as other modern sporting rifles because of lower consumer demand for those weapons rather than for political reasons, the company said on Wednesday. The world's largest retailer will replace rifles, which are sold at about one third of its U.S.
Aug 26, 2015

Walmart to stop stocking assault rifles, cites falling demand via @FortuneMagazine for.tn/1VaB44t

Aug 26, 2015

Walmart to stop selling AR-15 and other assault rifles for.tn/1VaB44t (but will fill shelf space with shotguns)

Aug 26, 2015

RT @DJBentley: Walmart to stop selling AR-15 and other assault rifles for.tn/1VaB44t (but will fill shelf space with shotguns)

Show 6 more tweets from Diana Pinzon, Judy Taub and others...

Amazon including booze in its Prime Now offering in Seattle

fortune.com — Running out of beer or wine for that barbecue you are hosting? If you are in Seattle, and are a member of Amazon.com's Prime program, you are in luck. Starting Tuesday, Prime members in Amazon's hometown of Seattle can get one- and two-hour delivery of beer, wine and hard liquor like whiskey, rum, and vodka with the launch of Prime Now there, making Seattle the first U.S.

Best Buy reports strong results, with an assist from Apple

fortune.com — Best Buy continued its remarkable turnaround last quarter, with a big assist from Apple . The largest U.S. electronics retailer reported a rise in domestic comparable sales of 3.8% for the second quarter, well ahead of Wall Street's expectations, and posted a better than expected profit.
Aug 25, 2015

Best Buy and Apple are about to deepen their relationship via @FortuneMagazine for.tn/1PwgYOl watch at more $BBY stores, renos

Aug 25, 2015

"Demand for Apple Watch has been so strong." Best Buy: for.tn/1PwgYOl

Aug 25, 2015

For all those #AppleWatch haters…. $BBY reports strong results, with an assist from Apple - Fortune fortune.com/2015/08/25/bes…

Starbucks CEO: Customers May Be Stressed From Stock Crash

fortune.com — Starbucks CEO Howard Schultz has called on baristas to be extra patient with customers on Monday, according to a report by Fusion, given the dramatic stock market swoon that no doubt has left countless coffee addicts anxious about the state of their retirement holdings.
Aug 24, 2015

Starbucks CEO to baristas: be extra nice to customers because of market swoon @FortuneMagazine for.tn/1LwhJZJ Schulz lost $86M today

Aug 24, 2015

Starbucks CEO to baristas: be extra nice to customers because of market swoon (& switch everybody to decaf? #cspnet) for.tn/1LwhJZJ

Aug 24, 2015

Starbucks CEO to baristas: be extra nice to customers bc of market @FortuneMagazine for.tn/1LwhJZJ Schultz himself lost $86M today

Aug 24, 2015

Starbucks bittet seine Baristas um Verständnis für Kunden, die aufgrund des Aktienmarkts gestresst sind fortune.com/2015/08/24/sta…

Show 4 more tweets from Octavio Blanco, Greg Volkwyn and others...

Ulta outruns bigger retailers in the beauty-products race

fortune.com — Offer a broad assortment of beauty products, cosmetics, and fragrances across the price spectrum. Add low-pressure but high-touch customer care. Then mix in salon services like hairstyling and brow tinting. Together, the elements make Ulta Beauty a one-stop beauty shop-and one of the hottest stories in retail.
Aug 20, 2015

ICYMI- Ulta outruns bigger retailers in the beauty-products race via @FortuneMagazine for.tn/1UILwzV $ULTA $WBA $CVS

Sears reports a rare quarterly profit by selling good stores

fortune.com — Sears Holdings on Thursday reported good financial news of the kind the retailer hadn't doled out since early 2013: a quarterly profit. But hold off on shouting victory for the struggling company: the owner of the Sears and Kmart chains pulled that rabbit out of its hat thanks to the sale of some assets, primarily valuable stores to Seritage Growth Properties, the real estate investment trust that Sears spun off in July.
Aug 20, 2015

Sears posts a profit for once. But don't break out the champagne yet. via @FortuneMagazine for.tn/1NxsvhK $SHLD

Target's latest e-commerce weapon? More precise delivery windows

fortune.com — It's super frustrating to order something online and then be told you'll get the item in 7 to 11 days, a pretty wide time window, not to mention a long one.
Aug 19, 2015

Target's latest tool in the e-commerce wars @FortuneMagazine for.tn/1Ll4zie $TGT will offer much narrower window for online delivery

Aug 20, 2015

ICYMI-Target's latest tool in the e-commerce wars @FortuneMagazine for.tn/1Ll4zie will give you narrow delivery time window

More Articles →
Aug 28, 2015

#FortuneLIVE starts in just 4 minutes – We're talking Wall Street’s wild week, Steve Madden, tech startups and more for.tn/1MT8a5V

Aug 28, 2015

Hermès plays down China luxury risk after rise in first-half profit on.wsj.com/1WW8QfM via @WSJ ditto Tiffany yesterday

Aug 28, 2015

RT @TorontoStar: #BREAKING Ashley Madison CEO Noel Biderman resigns in wake of hack of millions of accounts, Avid Life Media says. pic.twitter.com/FhGyBqvTdC

Aug 28, 2015

Love this Seeking Alpha headline this morning: "Wal-Mart Stock Has Suffered Enough" it's heartbreaking really. $wmt

Aug 27, 2015

Meanwhile, at J.Crew, another bloodbath-that brand's comp sales fell 13% last qtr (Madewell still growing) prnewswire.com/news-releases/…

Aug 27, 2015

ULTA Beauty Announces Second Quarter 2015 Results | Business Wire businesswire.com/news/home/2015… another stellar qtr- comps up 10.1% $ULTA

Aug 27, 2015

A look at Macy's outlet stores - myfoxal.com/story/29893903… @ADinnocenzio $M good luck vs TJMaxx, Macy's


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