UBS Predicts 40,000 More Stores Could Close in the Next Five Years. Why Footwear Retailers Could Buck the Trend
By Vicki M. Young••WWD
Core Dick's Sporting and Academy Outdoor + Sports are Tops in Sporting Goods, while DTC focus and pricing power give On Running and Deckers the edge.
UBS analyst Michael Lasser predicts there will be 40,000-plus U. S. store closures over the next five years, although differentiated players — including those in footwear — could beat the trend.
“We …