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.
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Thomas Dishaw is an activist and the editor of govtslaves.info. He has written for naturalnews.com and has been the subject of numerous hit pieces published by The Daily Mail, New York Daily News, Forbes and Gawker. Thomas currently resides outside of Philadelphia, PA with his wife and dog. You can support Thomas' work by making a donation below or purchasing some gear from the Gov't Slaves Store. You can reach Thomas via email at email@example.com or follow him on Instagram.