Phil Wahba on Muck Rack

Phil Wahba Verified

New York by way of Montreal
Reporter, — Fortune

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

Amazon, Kohl's latest to get jump start on Black Friday — Following Macy's lead, Kohl's will open its stores on Thanksgiving at 6 p.m., two hours earlier than last year. It's the latest example of "Black Friday creep," with the department store becoming the latest retailer try to get a leg up on holiday sales ahead of what's shaping up as another very tough, competitive season.

The 10 highest sales-generating malls in the U.S. — It's become a bit of a cliché to say that the U.S. mall is dead. To be sure, many retailers complain about declining shopper traffic, and stores from mall stalwarts Sears and J.C. Penney to Coach and Gap have closed many stores in recent years.

Coach suffers from discount withdrawal — Coach is having a hell of a time weaning shoppers off the deals they've come to expect. The leather-goods maker is trying to "elevate" its brand after years of aggressive promotions, particularly at its outlet stores, that damaged its luxury aura and brand, and sent shoppers looking for handbags at competitors Michael Kors and Kate Spade in recent years.

Macy's joins rush abroad, to open first international store — Macy's Inc is taking its show on the road. The retailer's namesake chain is opening its first ever bricks-and-mortar store outside the United States, becoming the latest U.S. department store to look at international expansion for growth. Macy's will open a four-level, 205,000 square-foot store in Abu Dhabi in the United Arab Emirates in 2018,...

Nike ‘strongly’ telling NFL what it thinks of domestic violence — Nike just can't shake scrutiny of its relationship with the National Football League. As the athletic gear maker pushes its fast-growing women's business, recent cases of domestic violence involving players in the league are creating a problem for the Nike name.

New York Road Runners CEO on what's next for the NYC marathon — The New York City Marathon on Sunday is likely to be the largest 26.2-mile foot race ever, with more than 50,000 runners expected to finish. The marquee event of the New York Road Runners, a local non-profit organization, has grown enormously in recent years, both in terms of the size of the field and how big a business it has become under Mary Wittenberg, NYRR CEO since 2005.

Target thinks outside the (big) box — Target is betting that smaller is sometimes better. The discount retailer has exclusively told Fortune that it plans in 2016 to open a CityTarget store in the City Point development in Brooklyn, New York.

Target puts focus back on 'cheap-chic' with eye on winning back holiday shoppers — Target is bringing its 'Tar-zhay' ethos back to the fore for the upcoming holiday season. The discount retailer is focusing more on designer collaborations, exclusive toys and upping its e-commerce game to make sure it gets its share of sales in what promises to be another bruising holiday season.

McDonald's lays out fix for deepening sales decline — Another quarter, another terrible set of results from McDonald's . And the company thinks focusing on food quality and digital payments is the trick to shaking its longstanding doldrums. The world's largest restaurant chain by revenue reported on Monda y that comparable sales last quarter fell 3.3% (worse than the 3% drop analysts expected, according to Consensus Matrix) and that profit fell 28%, with trouble in every single major market.

Chipotle co-CEO rips into fast-food rivals, slams their "short-sighted" strategies — Chipotle Mexican Grill said on Monday that same-restaurant sales rose 19.8% last quarter, which is probably why co-CEO Steve Ells felt confident enough to accuse rival fast-food chains of trading quality for cost savings and creating their own problems by making "short-sighted" decisions.
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Oct 30, 2014

@FortuneMagazine: Tim Cook: The first openly gay Fortune 500 CEO” about fricking time

Oct 30, 2014

Wal-Mart weighs costs of matching online prices during holidays via @WSJ nice one, @shellybanjo

Oct 30, 2014

RT @AnthonyWatson: Thank you @tim_cook for publicly standing up and showing the world one can be a successful executive AND #LGBT! Today is a GREAT day.

Oct 30, 2014

RT @AnthonyWatson: @tim_cook: "I consider being #gay one of the greatest gifts God has given me.". So proud Tim serves on the Board of Directos of @Nike

Oct 30, 2014

MT "@FortuneMagazine: Tim Cook: 'I'm gay.' In 29 states u can be fired for that” why wld any co forego such talent...

Oct 30, 2014

Black Friday deals keep coming earlier and earlier- Kohl's, Amazon latest to get head start via @FortuneMagazine

Oct 30, 2014

@moorehn judging by recent forecasts from JCPenney, Kohl's, Walmart and eBay, still early to pop the champagne

Oct 30, 2014

RT @moorehn: How journalists are facing up to ever-shrinking newsrooms: irritably.…

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