By  on December 31, 2018

This year’s roller-coaster ride on Wall Street left investors increasingly frantic. The Dow Jones Industrial Average, despite closing up 1.15 percent to 23,327.73 on Monday, was still down 7.7 percent in 2018. The 30-company index would routinely have 1,000-point swings in a single day. With increased volatility the new norm, retail stocks were no exception.

The S&P Retail Index, which tracks both brick-and-mortar retailers and online merchants in the U.S., fell nearly 11 percent in the last year. Sears Holdings Corp. was one of this year’s biggest market casualties, with its stock falling more than 93 percent before the retailer filed for bankruptcy on Oct. 15.

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