10 Brands That May Disappear in 2011

10 Brands That May Disappear in 2011

24/7 Wall St. has created a new list of brands that may
disappear in 2011, which includes:

Readers Digest,
Kia Motors,
Dollar Thrifty (NYSE: DTG - News),
Zale (NYSE: ZLC - News),
Blockbuster (BLOKA.PK - News),
T-Mobile,
BP Plc (NYSE: BP - News),
RadioShack (NYSE: RSH - News),
Merrill Lynch
Moody's (NYSE: MCO - News).

24/7 Wall St. regularly compiles a report of brands that are likely to
disappear in the near-term. Last April, and again in December, we published
our findings. Usually, it would take a full year before such a list could be
compiled again. However, the current economic climate has accelerated
this process and a majority of the brands on the first two lists are either
gone, have been acquired, or have filed for bankruptcy.

finance.yahoo.com...

you have to realize just how bad this recession is
for Business Icons of this size to fail.

The most surprising of this list was Lynch.

Even Wall Street is predicting it's fall.

And most of the businesses listed have been
in business for over 20-30 yrs and have weathered
recessions before. But not this time.

Radio Shack established in 1921 even made it
through the Great Depression of 1929. It is a target for
take-over by Best Buy.




[edit on 10-7-2010 by boondock-saint]

BP? Really? Heard their stock was up and they're in negotiations with some oil company in the Middle East or something. Though maybe those negotiations will be part of their disapperaring

Most of the others are no surprise. Sucks that I'm on T-Mobile...they really have the best customer service, so I stick with them even if their coverage is sometimes iffy. I don't even know what Moody's is.

pfff so sad to see..

still though many companies I feel they are victims of today's technology..

what i mean is like..Reader Digest , Blockbuster and many others not listed here out there are being outrun by the fact we can actually have many things free from the internet

so basically Technology is also guilty of causing the Global Meltdown (which btw..is a real Problem)

i can say myself its a real problem since I have done recently a software application for a Fuel Supplier and trust me on this....the decline in Fuel Sales by Litre is on the decline drastically, that means that the pulse of the people is not active as it used to be, they are not affording to go out as they used to

Complain about the big brands/corporations while they are there, and scream the sky is falling when they go.

Originally posted by boondock-saint
you have to realize just how bad this recession is
for Business Icons of this size to fail.

Well, if people start calling it by its correct name - depression - then it begins to make more sense.

Kia have sucky looking cars anyway.

I am not suprised about Radio Shack or Blockbuster at all. Radio Shack way overprices their items, you can buy them for much less elsewhere, and Blockbuster lost my business a long time ago to cheaper rentals, and their stupid rules and late fees that were not feasible. I rented a game there, returned it 2 days later, and they are STILL trying to bill me for it, even though they admit they have it. Things like that will drive your customers away.

Originally posted by boondock-saint

10 Brands That May Disappear in 2011

Readers Digest,
Kia Motors,
Dollar Thrifty (NYSE: DTG - News),
Zale (NYSE: ZLC - News),
Blockbuster (BLOKA.PK - News),
T-Mobile,
BP Plc (NYSE: BP - News),
RadioShack (NYSE: RSH - News),
Merrill Lynch
Moody's (NYSE: MCO - News).

24/7 Wall St.

that list are likely take-over targets. imho.

Readers Digest is about the only name that has no core nugget of operation which could be transformed into a working 21st century business model.

'Moodys' will always have a value/worth because it is a certified internationally recognized rating agency...like the other prominent rating agencies---based in the USA (its a type of monopoly with these ratings giants getting the official seal-of-approval to be qualified in all world markets)

... the 2 book-ends i just commented on, describes in part, the most likely scenarios for the brands listed to become defunct or merged by the 24/7 Wall Street linked in the OP


thanks

But didn't GM go bust or was i dreameing.

How W.H Smiths continues to survive i'll never know.

Do we need any of them or can we not just run the world as a casino and keep selling CDS's to each other because no one ever losses.

Does anyone know anyone with bad health that the doctors know nothing about because i would like to take life insurance out on them and thats why i don't need to work ever again.

My go now i'm late at church.

i had to google dollar thrifty and it was not related to dollar general. is kia being rebranded or consolidated?im suprised readers digest may go. the owner of blockbuster was going to attempt a move on Take2 TTWO last year(speculation), kinda sad he didnt. how is radio shack going under?

BP will disappear as BP.

It will break up into a number of smaller companies under one or more holding companies.

The name BP has been vilified by the well blowout.

By breaking it up as smaller companies they can limit liability on future accidents or lawsuits.(if the liability becomes to much the smaller company files bankruptcy and folds, All equipment and assets are sold to the holding company at pennies on the dollar and they form a new company and they can lease equipment and man power from the holding company)

This has long been done by mining companies.

I worked for one mining company at four different mines.

At each mine the company had a different name, but the same CEO and company officers.
Except the last mine the vice president changed. i was the new company vice president and mine superintendent.

The US government saw each mine as a new company and could not use anything that had happened at the other mine against us.

The environmentalist would have had a hard time suing the company after the mines closed and we folded the company after closing the mine and formed a new company. (we never got sued)

Also the environmentalist could not use anything about the old company to block our permits when we opened a new mine operation because it was a new company.(they never connected the two companies)

We never had a bad track record to haunt us.

Two on the list have absolutely nothing to do with the recession. Kia motors are a terrible car company and cheaply manufactured. If the recession was so bad we would be buying those cars. Blockbusters days were numbered. With technology you can stream any movie online in a matter of minutes. Thus rendering them obsolete.

so does this mean my $15 in late fees to Blockbuster will just go away now? It's been years since I went anyway but still.

and as for the rest of those names mentioned, I couldnt care less. I'm still ticked off they closed the circuit city near my house though.....

reply to post by ~Lucidity


Moodys is one of the more notable debt-ranking agencies... which imo is hilarious that they could fail lol .. ironic.

The PTB want the agencies gone because of the problems they start by downgrading national bonds, such as greeks or spains... they also often play favorites, targeting certain countries and companies for lower or higher..

Then there's the issue of insider trading.. their own investment teams or executives can short a stock they are about to downgrade

Most of those companies I'm not surprised to see listed, except BP, they can't fail.

Dude, did anyone even look at the article?

It wasn't made by "Wall St" (which what does that even mean?) but some opinionated website. Here

This is retarded #1 bc BP is on the list. They aren't going to fail.

Blockbuster has been bankrupt forever. The business model is outdated and they have been trading in "pink sheets" for some time.

This is just dumb IMO.

Originally posted by Totalstranger

so does this mean my $15 in late fees to Blockbuster will just go away now?

No it will probably show up as a writeoff on your credit, which will drop your score 50 points.

And when you waste 2hrs of your life disputing it some fat ass minimum wage office worker type will see to it that it remains on your credit report forever.

Just before they go under they will sell your $15 late fee to some collection agency in Bombay, for .10 cents who will call you every day demanding that you pay it and a daily late fee of $5 plus $15 in legal fees for every day that you fail to pay it and thier other fees.

[edit on 11-7-2010 by In nothing we trust]

bp is making gains at the moment , and isnt kia partly owned by the malay government?

[edit on 11-7-2010 by gambon]

reply to post by gambon


Kia is Korean; I would imagine that government would be part owner, if any.

I highly doubt KIA is going anywhere. Their new models seem quite impressive for the price and have seen many of them on the road (I've generally seen more KIA's on the road than Hyundais). Kia is owned by Hyundai and share many of the same parts.