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For the most recent quarter, futures orders had been flat though revenue increased 5%. More From Fool.com He Made 21,078% Buying Amazon. Heres His New Pick Nike's troubles are nothing new. The stock was the worst performer on the Dow last year, falling 19%, though shares have recovered modestly this year, up 10% so far. Let's take a look at some of the general challenges Nike is facing. Retail in transition Continue Reading Below ADVERTISEMENT The rapid growth of e-commerce has brought upheaval among brick-and-mortar retailers, especially in the apparel sector. Several mall-based apparel retailers like The Limited, Bebe, Aeropostale, and American Apparel have either filed for bankruptcy or announced massive store closings. A number of sporting goods retailers have also declared bankruptcy, and department store chains likeJ.C. PenneyandMacy'shave said they would close dozens of stores as the decline in retail traffic has been so significant that even restaurants are complaining of losing customers. Nike, which operates as a wholesaler, through its own stores, and as an online retailer, isn't immune from the retail flux, but it is better positioned than its competitors to deal with the transition.

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