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Traditional retailers, mutual funds, offshore oil suppliers face severe disruption

Published 01/16/2017, 07:36 AM
Updated 01/16/2017, 07:36 AM

Investing.com - "Brick-and-mortar" retailers face tough competition from e-commerce retailers such as (NASDAQ:Amazon).
(NYSE:Macy's) and (NYSE:Kohl's) shares have fallen this year after like-for-like Xmas sales fell.
A number of smaller firms have filed for bankruptcy including Pacific Sunwear and American Apparel, others may follow.
Asset management industry is another sector faces tough times due to Department of Labor “fiduciary rule.”
Mutual fund assets and fees have already fallen. Sector may see stock buyback programs, dividends eliminated or cut.
Offshore energy supply firms such as (NYSE:Tidewater), (NYSE:Bristow) also threatened.
Advances in onshore techniques may see drop in offshore activity depending on oil prices.

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