Posted on 04/19/2009 11:24:30 PM PDT by FromLori
A number of well-known brands disappeared in the last year in large part due to economic forces. Many of them were in the retail industry, led by Circuit City. ATA and Aloha airlines are gone. Gateway Computers has effectively disappeared after being bought by Acer. It still has a website, but the brand is no longer marketed.
As the recession deepens and stretches out quarter after quarter, more companies will close or will shut divisions. More brands will disappear because their parents firms fold or can no longer afford to support them. Other brands will be obliterated by mergers.
24/7 Wall St. examined 100 large brands that are facing troubled futures. The analysis included records for those brands that are public companies or part of public companies. We considered sales information, information from industry experts, and brand histories. We also looked at the level of competition in each brands market and the extent to which that competition is growing. We examined the likelihood that a brand could be sold or spun off in cases where parent companies are in financial trouble.
We have compiled a list of 12 brands that will we believe will not survive until the end of next year. Each brand and the major reasons for its demise are listed along with some of the public information 24/7 Wall St. examined.
1. Avis/Budget (CAR) operates two car rental businesses. The primary competition
(Excerpt) Read more at 247wallst.com ...
swami says
Wow. It’s like the whole world is coming to an end.
Border’s and Architectural Digest :-(
I read on another site that Macy’s, Dillard’s, Ann Taylor, Office Depot and Home Depot are in jeopardy.
Holy cow even home depot??
yes, I was shocked.
I hope Crocs stays. Great cheap indestructible shoes that never smell. if you don’t like them for adults, they are still wonderful for children. Even the world over, they could provide cheap indestructible footwear for poor children.
Thinking of "brand death" always reminds me of 2001: A SPACE ODYSSEY, which featured the Bell System, Pan Am, Howard Johnson's ... not to mention nixie lamps!
In the night, and overhead a shovel of stars for keeps, the people
march:
"Where to? what next?"
Reason: Their former CEO (now over at Chrysler) and Lowes. Between the two, HD is screwed.
“I was just there tonight, but you know, you can see how the internet spoils you.”
You can say that again. I went to B&N with my iPhone and used the Amazon mobile app to compare book prices. On four books I saved over $70 by going with Amazon over the B&N. I asked the manager to match the price. He said “nope” and I walked out $70 better off.
Home Depot? Estes Express will be hit hard if HD goes down.
i'm sad about Banana Republic... :-(
I predict that within three years only one U.S.-flag international air carrier will exist. It will be owned by a consortium of the current airlines and the federal government, with Uncle Sam as majority shareholder. It will be our “national airline”, similar to Aeroflot, and will operate with heavy taxpayer subsidies.
As hard as it is to stomach the condescension of bookstore employees who are almost exclusively liberal, I enjoy browsing in bookstores. Stacey's, a large, beautiful independent bookstore in downtown San Francisco that I used to frequent on my lunch breaks, suddenly disappeared after 85 years. It was heartbreaking riding by on a bus for the first time in weeks and seeing the banners screaming that fixtures were for sale.
Borders is all there is left in San Francisco with easy parking (Barnes & Noble is at Fisherman's Wharf).
It still ticks me off the way libs demonize Wal-Mart, saying that it kills downtown businesses. There may be a kernel of truth in that, but Amazon.com is slowly murdering the entire retail book industry. Forget mom-and-pop stores, whole chains are going south. Any anti-corporate union-thug types boycotting it? Anybody? Anybody? Bueller?
Meanwhile, even in this crappy economy, there are people who are spending $215 and up on butt-ugly sneakers only because they were designed by Kanye West.
So what is the Amazon model, do they sell direct or are they a collection of small retailers doing business from who knows where like Ebay? I never bought from Ebay because I was always afraid to give my CC# to a place like that and also wasn't sure if I would get the real thing or some knockoff. Also don't relish waiting for something I bought and paid for to come in the mail.
Its like the whole world is coming to an end.
i’m sad about Banana Republic
Oh it will survive but
the new CEO will be Barak Obama!
I wouldn't worry about eBay if I were you. It ain't Craigslist, with pervs, scammers, and killers just a click away.
/tinfoil hat on/......Just the governments way of controlling everything you do....only businesses that will be around will be internet based so all your goods will be controlled....what you can have and how much you can have will be controlled by people who know better than you.... /tinfoil hat off/
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