+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

The death of brick-and-mortar retail could hit these 9 companies hard in 2017

Apr 5, 2017, 15:36 IST

WikiMedia Commons

The death spiral of traditional brick-and-mortar stores is having a ripple effect throughout the retail industry.

Advertisement

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:

Advertisement

You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article