The death spiral of traditional brick-and-mortar stores is having a ripple effect throughout the retail industry.
Pressure points underpinning the retail industry, such as the rise of e-commerce, have pushed some companies to the brink of bankruptcy. Others have responded by shutting down stores and laying off workers.
As reported by Business Insider’s Hayley Peterson on March 10, nearly 1,700 store closings have been announced since the beginning of 2017 by retailers such as Macy’s, Sears, and JCPenney.
And equity analysts at RBC Capital Markets expect things will continue to get worse for many brick-and-mortar retailers.
Below are the firms that will witness the largest revenue deceleration in 2017, according to RBC:
9. Children Place
Ticker: PLCE
2016 revenue growth rate: 3%
2017 expected revenue growth rate: 1%
2016/2017 revenue growth rate: -2%
Source: RBC Capital Markets
8. L Brands
Ticker: LB
2016 revenue growth rate: 3%
2017 expected revenue growth rate: 0%
2016/2017 revenue growth delta: -3%
Source: RBC Capital Markets
7. Ulta Salon Cosmetics and Fragrance
Ticker: ULTA
2016 revenue growth rate: 24%
2017 expected revenue growth rate: 19%
2016/2017 revenue growth rate: -4%
Source: RBC Capital Markets
See the rest of the story at Business Insider
