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

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.