According to this Business Insider report, the retail apocalypse has essentially crashed the share price of these 14 major retailers. I guess these are the lucky ones as many have been put out of business completely.
Shares of Amazon multiplied by a factor of ten since 2009. Shares of Wal-Mart are flat over the past five years but are up 30% since the beginning of 2016. Since mid-2015, shares of Best Buy are up 58%, Home Depot 28%, and Costco 10%. These and other retailers like them saw their share prices rise because they managed to navigate the new retail environment.
Many online retailers and online operations of brick-and-mortar retailers are thriving. Other retailers are thriving because, like Home Depot, they’re in a segment that is booming. So not all brick-and-mortar retailers are melting down. But many are, including the samples in the list below. The percentage denotes the crash in share prices over the past two years:
- Sears Holdings -65%
- Macy’s -68%
- Target -35%
- Bed Bath & Beyond -59%
- Hudson’s Bay (owns Saks and Lord & Taylor) -61%
- Nordstrom -39%
- American Eagle Outfitters -32%
- Tailored Brands (formerly Men’s Wearhouse) -81%
- Boot Barn -80%
- Christopher & Banks -68%
- Express -64%
- Urban Outfitters -47%
- Foot Locker -32%
And they’re the lucky ones among the brick-and-mortar meltdown lot; others have already filed for bankruptcy, and their shares have become worthless. Yet some of those on the list will likely join the bankruptcy filers over the next 12 months.