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

source
WikiMedia Commons

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’s Place

source
Markets Insider

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

source
Markets Insider

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

source
Markets Insider

Ticker: ULTA

2016 revenue growth rate: 24%

2017 expected revenue growth rate: 19%

2016/2017 revenue growth rate: -4%

Source: RBC Capital Markets


6. Lululemon Athletica Inc

source
Markets Insider

Ticker: LULU

2016 revenue growth rate: 14%

2017 expected revenue growth rate: 9%

2016/2017 revenue growth rate: -5%

Source: RBC Capital Markets


5. Kate Spade & Co

source
Markets Insider

Ticker: KATE

2016 revenue growth rate: 14%

2017 expected revenue growth rate: 9%

2016/2017 revenue growth rate: -5%

Source: RBC Capital Markets


4. Boot Barn Holdings Inc

source
Markets Insider

Ticker: BOOT

2016 revenue growth rate: 12%

2017 expected revenue growth rate: 6%

2016/2017 revenue growth rate: -6%

Source: RBC Capital Markets


3. Coach Inc

source
Markets Insider

Ticker: COH

2016 revenue growth rate: 7%

2017 expected revenue growth rate: 1%

2016/2017 revenue growth rate: -6%

Source: RBC Capital Markets


2. Under Armour Inc

source
Markets Insider

Ticker: UAA

2016 revenue growth rate: 22%

2017 expected revenue growth rate: 11%

2016/2017 revenue growth rate: -11%

Source: RBC Capital Markets


1. Ascena Retail Group Inc

source
Markets Insider

Ticker: ASNA

2016 revenue growth rate: 46%

2017 expected revenue growth rate: -3%

2016/2017 revenue growth rate: -49%

Source: RBC Capital Markets