In the last 30 years, the forces of creative destruction blasted away on the top 10 retail performers. Today, only 4 remain on the top 10 list and the other 6 are gone forever. Was that 30 year struggle an apocalypse? Not at all, it's just the innovative cycle that makes America the strongest nation in the world.
Every 15 years, half of the S&P 500 companies are dropped from the list. The same is true for the top 10 US retailers. Which 5 companies will get dropped from this list by 2035? I wish I knew, but whatever happens we will all be much better off.
