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 ...
Obamaflot.
Krispy Kreme closed a lot of California stores over the past few years. I prefer the little mom and pop donut shops anyway :-)
Krispy Kreme closed a lot of California stores over the past few years. I prefer the little mom and pop donut shops anyway :-)
BN is not going anywhere. They saw the future and made the necessary (unlike Borders) moves to survive if not even thrive. What is to be determined is how and what will exist of the brick and mortar book stores. You will probably see BN do some test models by the end of the year in certain regions to see what the results are. The big stores will defiantly shrink and be reduced in number. The two scenarios I see are.
1. Used book stores will survive and thrive with the Amazon Marketplace model and something similar to the inter library trading system.
2. New book stores will shrink is size. Consumer comes in and sits down at a console to preview books on a touchscreen computer. Consumer sends their choices to a “Cart” and then goes up to the cashier to do three things. A. pickup their just printed “read-once-throw-away” cheap paperback (printed off a production printer in the back of the store). B. Receive the high quality last for generations hard back copy. C. Receive the “book” to their eReader device or thumb drive. You could even see kiosk in malls and grocery stores that you can get the book via eReader or thumb drive just like DVDs.
I’m in NC where Krispy Kreme is a mom and pop store.
LOL. Boy isn't that the truth!! ;-D
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