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.

Barnes & Noble names new CEO to fix struggling Nook business — Looks like Barnes & Noble isn't giving up on its Nook e-books and device business. The largest U.S. bookstore chain said on Thursday that it had hired Sears Canada CEO Ron Boire to be its new chief executive starting September 8, touting his "extensive experience" in launching electronics products in his career, which included earlier senior jobs at Best Buy and Sony Electronics.

Why Macy's Cuts Ties With Donald Trump — Macy's said on Wednesday it was phasing out its Donald Trump line of menswear as a result of the Republican presidential candidate's derogatory comments last week about Mexican immigrants.

Donald Trump line cut at Macy's after comments about Mexicans — Macy's said on Wednesday it was phasing out its Donald Trump line of menswear as a result of the Republican presidential candidate's derogatory comments last week about Mexican immigrants.

Nike's chairman Phil Knight to step down as chairman next year — Nike co-founder Phil Knight said on Tuesday that he is stepping down as the sports gear giant's chairman next year. Knight, 77, wants to stay involved with Nike after he steps down as chairman. The iconic businessman will transfer ownership of his shares in the company to a limited liability entity, Nike said in a statement.

Sears’ big-data strategy? Just a service call away — If you'd like to see less of your Sears repairman, rest assured, the feeling is mutual. The venerable (but unprofitable) department store, which is the single largest seller of home appliances in the U.S. and installed 4.5 million of them last year, recently opened a new technology center in Seattle.

Starbucks set for major French expansion thanks to supermarket deal — France, home of the café allongé and the café au lait, is about to get a lot more American coffee coursing through its veins. Starbucks , announced a deal on Tuesday with Casino Restauration that will pave the way for a potentially major expansion in France, giving the cafe chain a bigger footprint in a market that has long resisted the filtered coffee Americans flock to.

Macy's CEO explains why he held up its outlet chain — When Macy's announced in January that it would launch a chain of outlet stores, many retail industry observers scratched their heads and said the department store already discounts plenty. After all, outlet stores were long the province of luxury retailers, not middle of the road stores like Macy's.

Retailers' embrace of LGBT marriage rights reflects public's shift — Amazing how quickly things can change. Just three years ago, J.C. Penney found itself embroiled in controversy when it featured gay couples in its new glossy mail-outs, part of its failed strategy under former CEO Ron Johnson to modernize the department store and help it connect with younger and hipper shoppers.

Macy's strategy to woo tech talent in San Francisco and Silicon Valley — Macy's is the largest brick-and-mortar U.S. department store chain, with sales of $28.1 billion last year. But it knows full well that its future hinges on become similarly dominant in e-commerce. So like many other retailers, Macy's now has a sizable presence in Silicon Valley to tap the tech talent on the West Coast as it works to stay ahead of rivals like Kohl's and J.C.

Procter & Gamble CEO warns against overwhelming consumers with choice — Sometime less is more when it comes to consumer choice. While consumer and packaged goods makers try to offer shoppers as much variety as possible to win their business and outdo the competition with a steady stream of 'new and improved' products, at some point too big an assortment overwhelms customers and defeats the purpose, according to the chief executive of the world's biggest maker of household products, Procter & Gamble.
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Jul 04, 2015

Happy Independence Day, American peeps. (This was taken in May in Fire Island Pines, NY)

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