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 brand’s 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 ...
Once the Home Depot moved near me the great hardware/home store closed and the really nice lumber store actually stayed because they were so good but the county decided to widen the road next to them and took their entire parking lot. They then closed.
About two months after that all the good stuff at our new Home Depot (odd bolts, screws, solid oak moldings of many different varieties, etc...) disappeared and they just stocked the generic crap that I had no interest in.
Other than purchasing some decent commercial power tools from them I never go there because they have nothing I want.
Check #4 for the sequence of postings......
You can bet after this comes out if the companies were not in trouble, they are now...Wall street is so irresponsible...probably trying to drive down the stocks and then buy them cheap on rise-short sellers are the devil.
I buy books from Amazon. Two weeks ago I purchased a book and last week we got our CC statement with three un-authorized charges totaling over $800 from the vendor.
Chase immediately credited out account. Be careful out
there.
"Ameroflot"?
..............something totally off topic: I just finished reading William Fortschen’s ONE SECOND AFTER, and I’m wondering if any of you have read it. I’ve been really busy lately and have been away from FR, but using Search, I haven’t been able to find any reference to it.
Before I go on to tell you more, I need to know how much, if at all, this has been mentioned on FR.
unfortunately, you may be right... but this does nothing to solve my dwindling apparel choices... boo-hoo...
Haven’t read it and reading the summary and reviews I can understand why. LOL!. I’m not knocking his stating the truth that modern society will not be able to survive a societal collapse, but the notion that one nuclear weapon or EMP device doing the job is absurd. I think reading the blog of the Argentinian man concerning the surviving Argentina during the 90s and 2000s is far better and realistic.
I walked into the local Borders at Christmas time a couple of years ago. Immediately in front of the door there was an enormous display of gay erotica. I left and haven’t been back.
Obviously, you haven’t read it and the accompanying information. I challenge you to read it and then say the same thing. No kidding.
I forgot to mention that he explains in the book exactly how it COULD happen. He also backs his information up with additional stuff from experts in the field.
You should write a mini-review of it and post it to the forum.
A high altitude NUDET used for the resulting EMP is no joke.
Been in one lately? Complete turn around. An associate or whatever they call their help at the end of each aisle. "Hello"s,"Can I help You?" everywhere.
I used to avoid HD because you could never find someone to help you. Even though I think their prices were better than Lowes.
Not anymore.
Not just book retailing. A while back I decided I wanted a little gizmo to measure appliance electrical consumption. A quick search found it for about $40 at Home Depot or Amazon for $22.98. Add in $17.98 for overnight shipping, and the total was just about the same as running out to HD to pick it up (cheaper when you add in sales tax). It landed on my doorstep in Massachusetts the next morning. A trace of the UPS tracking number showed it was shipped from Kentucky.
I wonder how the carbon footprints of the two possible transactions would stack up, HD being about a five mile drive.
Estes Express is one of Home Depot’s preferred freight carriers.
That would be too bad about Borders. I prefer them to Barnes & Noble. Borders has a much better history selection. I never shop B & N: too much “Bush is evil” on the latest release shelves and their History section should be re-named “White Man’s Guilt.” Sure, Borders has the same, but they offer alternatives.
Oh well. I have an account with Amazon too.
okay thanks.
Well, like I said I am in SFla. Customer service as a rule is terrible at most places here. Maybe I’ll give them another shot. I’ve always found Lowe’s to have better service even down here.
Good for you. B/N is a blue company anyway. Let ‘em fold. I use them, but sparingly.
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