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.

P&G names David Taylor to replace A.G. Lafley

fortune.com — Procter & Gamble [former-stock symbol="PG"] has named a new CEO for the third time in six years. The consumer products giant, whose portfolio ranges from Pampers diapers to Gillette razors to Crest toothpaste and dozens of other brands, said that 35-year company David Taylor will succeed A.G.
Jul 28, 2015

P&G CEO Lafley talks about his successor via @FortuneMagazine for.tn/1MwGvsw includes my i'view with Lafley abt his successor

Nordstrom and Madewell deepen partnership

fortune.com — Madewell has been the saving grace of struggling parent company J.Crew for a few quarters now, attracting legions of shoppers with its denim, arty sensibility. The brand, an old label from 1937 that J.Crew bought and revived in 2006, has also attracted the attention of Nordstrom , which is doubling down on its bet on Madewell, a brand it alone carries outside of Madewell stores.

American Eagle Outfitters is weaning shoppers off of discounts

fortune.com — Retail CEOs from former J.C. Penney boss Ron Johnson to Gap Inc's Art Peck to J.Crew head Mickey Drexler have long lamented shoppers' addiction to discounts, sometimes going so far as to invoke the image of a needle in a junkie's arm.
Jul 28, 2015

How American Eagle Outfitters is escaping the discounting trap via @FortuneMagazine for.tn/1MN5JzU $aeo

Jul 28, 2015

RT @FortuneMagazine: How American Eagle Outfitters is weaning shoppers off of deep discounts for.tn/1DLuzLw

Jul 29, 2015

ICYMI: How American Eagle Outfitters is escaping the discounting trap via @FortuneMagazine for.tn/1MN5JzU $AEO

Lands' End plots post-Sears comeback

fortune.com — Lands' End was long considered one of the crown jewels of the Sears Holdings empire, a beloved brand renowned for its sturdy, sensible apparel. But the dusty label has been dragged down in recent years by Sears' ongoing dramatic sales declines, chronic inability to get shoppers to come into its stores, and wholesale store closings, not to mention an integration since its 2002 acquisition by Sears that never really took hold.

Inside the fight for survival at Gap, J.Crew and Abercrombie

fortune.com — O ver the past 12 months, American apparel icons have gone decidedly out of style. J. Crew , a label favored by First Lady Michelle Obama, suffered $1 billion in write-downs. Aéropostale's market value halved. Ann Taylor closed dozens of locations before its parent company sold itself to Ascena Retail Group .

Walmart takes on Target in the baby products category

fortune.com — Oh baby, the fight is on. Walmart announced on Thursday it was greatly expanding its array of products for babies and their mothers, a move that takes direct aim at a category critical to arch-rival Target . Walmart is adding hundreds of products from 20 brands, including new names like Britax, Plum and Ella's.

McDonald's toasting buns longer with view to ending slump

fortune.com — McDonald's is having a devil of time breaking a three-year funk, but the struggling restaurant chain thinks that tactics like toasting buns longer and changing how it sears its burgers could very well be the moves that put the iconic burger chain back on the path to growth.

Coke's bet on smaller cans and bottles paying off so far

fortune.com — It might sound counter-intuitive, but Coca-Cola is making more money thanks to packs with less soda in them. Like other carbonated drink makers, such as archrival PepsiCo , Coke has been pushing smaller cans and bottles, betting that downsized packaging - namely, 7.5-ounce mini-cans and smaller 8-ounce glass bottles - is more in tune with what health-conscious consumers now want.

Amazon to supplant Macy's as top U.S. clothing store in 2017

fortune.com — Amazon.com is poised to become the top retailer in yet another category: clothing. The online retailer, a relative latecomer to the world of fashion and apparel, will sell $27.77 billion worth of apparel in the U.S. in 2017, enough to supplant Macy's as the No.
Jul 20, 2015

Watch out, Macy's. Amazon is about to dethrone you as America's top apparel store. via @FortuneMagazine for.tn/1MD1uH2 $AMZN $M

Jul 20, 2015

RT @philwahba: Watch out, Macy's. Amazon is about to dethrone you as America's top apparel store. via @FortuneMagazine for.tn/1MD1uH2 $AMZN $M

Jul 20, 2015

Watch out, Macy's. Amazon is about to dethrone you as America's top apparel store. via @FortuneMagazine for.tn/1MD1uH2

Jul 21, 2015

ICYMI- Watch out, Macy's. Amazon is about to dethrone you as America's top apparel store. via @FortuneMagazine for.tn/1MD1uH2

Macy's real estate is worth billions. But there are a few caveats.

fortune.com — Earlier this week, activist investor Starboard Value revealed it had taken an unspecified stake in Macy's and said that it wanted the department store retailer to spin off its real estate into a new investment vehicle, arguing that such a move could nearly double its stock price.
Jul 17, 2015

Outside of a few flagship stores, Macy's real estate ain't worth that much. @philwahba on Starboard's plan for $M. for.tn/1CK1i8U

More Articles →
Jul 29, 2015

@wfederman sorry. Was not going to touch it. You can always buy one and help support that click trove that is Trump's real campaign.

Jul 29, 2015

Rich American tourists kill hundreds of lions each year, and it's all legal wpo.st/D4RS0

Jul 29, 2015

ICYMI: How American Eagle Outfitters is escaping the discounting trap via @FortuneMagazine for.tn/1MN5JzU $AEO

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