Phil Wahba

Phil Wahba

Phil Wahba joined Reuters in 2008 and has covered the exchanges, equity capital markets (IPOs), corporate bankruptcies and now covers retailers such as department stores and booksellers

Holiday Returns Scammers to Cost Retailers Billions
Holiday Shopping

Holiday Returns Scammers to Cost Retailers Billions

An industry group's survey estimates scammers making returns will cost retailers $3.6 billion this holiday season.
How Retailers Shot Themselves in the Foot With Early Black Friday Deals
Black Friday

How Retailers Shot Themselves in the Foot With Early Black Friday Deals

Earlier deals this year by large retailers severely damaged Black Friday as a shopping occasion, but also created other big problems for these stores.
The Fitting Room of the Future Has Arrived
Far Out Tech

The Fitting Room of the Future Has Arrived

One major retailer is testing out full-length dressing room mirrors that double as websites as tech invades yet another sphere of shopping.
Lower Gas Prices Won't Save the Holiday Season
Holiday Shopping

Lower Gas Prices Won't Save the Holiday Season

A drop under $3 per gallon probably isn't enough to offset the rising cost of food.
Wal-Mart, Target Gird for Toughest Black Friday Battle Yet
Competition

Wal-Mart, Target Gird for Toughest Black Friday Battle Yet

The retailers are offering deeper and longer discounts this coming Black Friday, fighting to win a holiday neither can afford to lose.
USPS to Deliver 7 Days a Week During Holiday Season in Fight With FedEx, UPS
Delivery

USPS to Deliver 7 Days a Week During Holiday Season in Fight With FedEx, UPS

The U.S. Postal Service will offer seven-day delivery this holiday season as it seeks to capitalize on e-commerce's growth and compete against UPS and FedEx.
Tablet Wars: Barnes & Noble to Stop Manufacturing the Nook
Technology

Tablet Wars: Barnes & Noble to Stop Manufacturing the Nook

The book seller says sales of its color tablets are down more than 30 percent.