A couple of surprising companies are on the list.
Story here...
http://www.huffingtonpost.com/2010/0...8.html#s102283
Story here...
http://www.huffingtonpost.com/2010/0...8.html#s102283
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“Ours is a world of nuclear giants and ethical infants. We know more about war than we know about peace, more about killing than we know about living. If we continue to develop our technology without wisdom or prudence, our servant may prove to be our executioner.” ― Omar Bradley (1948) -
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The case against the BP p.l.c. (NYSE: BP) brand is not so much that the company will enter bankruptcy. It is that BP may end up breaking into pieces for its own sake. This may be to put the liabilities for the Deepwater Horizon spill into a company that also holds escrow capital to cover the huge costs of clean-up and suits. BP may also want to separate its successful refining operations from its exploration business, or recreate an American- based company similar to BP America, which existed for two decades. A restructuring of BP would also allow the firm to take a badly crippled brand and give the oil operation a new name?much as it did when it changed its name from British Petroleum. The second time may be the charm.
-- 24/7 Wall StreetComment
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few surprises and a few that im surprised are still aroundComment
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Having worked for Radio Shack in late 1989 and 1990 I have to admit that I'm surprised that they have lasted this long.Comment
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I used to love radio shack back in the old charlie bravo dayz
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No surprises on that list. Most of those companies have been behind with the times in marketing their products and servicesComment
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ReadersDigest , BlockBusters, RadioShack , those 3 didnt come as much of a surprise a few of the others I didnt expect.Comment
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no newspapers. i recall the last time i read a similar article, i believe it was for 2009, it was chock full of them out they are still around.Comment
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That's cold how the Radio shack pic has a bird's nest in the sign.
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Sad to see KIA on that list. People worldwide could use the cheaper priced cars they make.Comment
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I do Blockbuster's DVD by mail service which is like Netflix. I haven't stepped inside a store in ages but I always have DVDs in the house from them.Comment
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We don't have Netflix in the UK. There are now lots of little companies that so a similar service but Blockbuster was the first one I heard of doing it over here years back and I signed up with them then and have stayed with it. I get 3 dvds at a time (unlimited per month) for £12 so not bad. The turn around is very fast too so I can get a good number of rentals in a month.Comment
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Reader?s Digest - I honestly thought they had already gone
Blockbuster - taken a big hit from all the internet places that post a film out to you but there is still a big Blockbuster in my nearest town.
Dollar Thrifty Automotive Group - never heard of them
T-Mobile - a lot less popular here than it once was
Moody?s Corporation - never heard of them to the point where i don't know what they do
BP - won't be allowed to fold
RadioShack - surprised that is listed as dying as Maplins which is a very similar shop is really growing here
Zale Corporation - never heard of them to the point where i don't know what they do
Merrill Lynch - banks seem surprisingly fragile
Kia Motors Corporation - bargain basement cars. Both Kia and the Hyundai brand did well from the recent £2000 to scrap a car and buy a new one here. A lot of the new bought ones were on a 3 year monthly payment and I can see the buyers going for another new one when the contract is up.↑ see post ↑
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The stores here are pretty damp packed for BB and also for RS.. so Im not sure sure that they will close. but they may change operations.PornGuy skype me pornguy_epic
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Me too. If you would have asked me a few years ago who would go out first- Radio Shack or Circuit City I would have said Radio Shack all the way.
I almost signed on to work for Media General at the start of 2009, a parent company that owns newspapers across several major markets. Locally they own the Tampa Tribune and TBO.com. I was loking at heading business development for the TBO brand locally but through a 7 stage interview process they decided they'd rather have me based at their home office in Virginia and work across all their brands. I'm glad I didn't take it, about a month or two later they started forcing employees to take an unpaid a week a month to make up for losses. They are still in biz but hanging on by a thread.
I do the blockbuster DVD rental by mail as well. When I priced it out a little less than a year ago it was only a buck or two a month over netflix for the 3 titles at a time option. What I like about it is that I can swap the DVDs I get in the mail for new releases at my local blockbuster vs having to wait for hot titles forever w/ netflix. Swapping for instore is included in the plan and I can keep the instore DVD as long as I want just like a DVD by mail. Its not a bad gig. The Blockbuster by me is always jammin on the weekends, I can see them scaling back on locations before they drop that one, but if they lose the brick and mortar end of their biz completely I will probably switch to Netflix.
Seeing T-Mobile on the list kinda bummed me out. They're my provider. I really have no colmplaints and have been with them for almost 10 years. Bummer to hear they aren't ready for 4g.
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It says Blockbuster has 6,000 stores.
1,250 of those stores are in my town. You could have fooled me that they're in trouble...I tried for an entire week just to get one movie, until it was finally back on the shelf. Actually, everything I wanted to see was rented out, including all the good BluRays -- yet, there was never anyone in the store except me.
They have a retarded monkey picking their Playstation3 section.Last edited by bronco67; 06-21-2010, 05:33 AM.
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they said blockbuster would die in 2009, then 2010, now 2011..you don't know you're wearing a leash if you sit by the peg all day..Comment
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BlockBuster is still around? Last time I went to one was maybe 10 years ago...Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000
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does radio shack still ask for your phone # when you buy batteries?
it's funny but the other day when i was walking the dog i did notice several newspapers on folk's driveways.
their loss eh. maybe they wouldn't of had that problem if you were developing biz for them!
i wasn't aware of that or are you being facetious? i'm still on my 1st cup of coffee
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I wish I were! Although it is being opposed now that the plan came out... and it included trying to tax new information technology in order to pay for it. Kind of like taxing the auto industry to help save the horse and buggy business.
http://www.businessweek.com/technolo...614_484036.htm
.Michael Sperber / Acella Financial LLC/ Online Payment Processing
[email protected] / http://Acellafinancial.com/
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No surprise with reader digest and t-mobile.Comment
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There's only so much you can do to help a broken company. Clearly they still need serious help:
One company I did do consulting for had a really gorgeous website but it was disfunctional as all hell. Major major probs like you couldn't actually place an order online. They walked customers through the process of placing an order and then dropped them on a page to submit their phone number for a sales rep to call them back or they could phone into the office to complete the order.
The attitude was they just wanted to focus on getting more traffic to the site, no interest in making that traffic stick at all. They didn't want to correct the site at all in any way because they didn't have an in house developer. Was such a shame.
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can't say i give a fuck.Comment
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Looks like a lot of biased wishful thinking.Comment
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RadioShack used to be a good place to work and be store manager. They always had a hard time resisting the lure of non-inventory items that are volatile. Service contracts, both warranty and things like cell phone, long distance signups, and other intangibles that nevertheless are on the books.
When I worked there it was a Fortune 50 company. Not only top 100, but top 50, and that was the early 90's.
Their customer data goes back to the 1900 or so when it was Tandy Leather company. They'd mail you a free catalog and were very early in that form of marketing. Their data collection is very good, and one to model from. If it was a snowstorm in the northeast, you could easily call up the most recent few times in history when there was a similar storm in the similar area and see how many tickets/receipts were written per hour on those days and schedule employees accordingly. I'd bet not many of us are anywhere close to that in terms of raw data.
In the 60's and early 70's when Charles Tandy ran the joint, he discovered that he could buy vaccum tubes from the same factories that people like RCA were buying them from. So instead of buying RCA tubes, he'd buy the same tube before it was printed with the RCA brand and SKU. But instead of selling them way cheaper than RCA, he sold them for the SAME amount, but offered unlimited lifetime replacements if the tube ever failed. It was genius marketing to not only get a loyal customer base, but drive them back into the stores, where he'd also set up free tube testers for customers to use.
On personal computers, the backorders were so backed up at one point early on, that Tandy/RadioShack actually went out and bought thousands of IBM brand PC's and put new cases on them. They were busted doing it and paid pretty massive fines.
I really enjoyed working directly with customers when I did it there, but the "hands on everything" upper level managers really fucked it up and the first day I woke up and had more money in online sales than I would make at work all day, I decided to move on to this online gig. It would be sad if they actually failed because no matter where you live or work in the United States, you are within 5 miles of a radioshack location. They used to boast more company owned locations than McDonalds.Last edited by Tom_PM; 06-21-2010, 08:03 AM.43-922-863 Shut up and play your guitar.
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Get out while you can seems to be the point.Comment
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I thought T-Mobile was doing better than Sprint....however I am a loyal Sprint customer and am glad to hear they are in a good position!!
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When I moved here 10 or more yrs ago, I stopped into the blockbuster at the end of the street. I learned 2 things. They dont have adult films, and they edit films if they feel like it. That was the only time I ever went in there.
Time warner gets movies on demand the same day the dvd is released anyway. And it never skips or stutters or fails to read
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I disagree with Kia being on the list. The Asian market is opening up pretty quickly, and they're local to it. Also, with a recession still in the works, I think a lot of families are going to be buying reasonably priced cars for a long while yet.email: [email protected]Comment
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Radio Shack is a one-of-a-kind place. It's the only place I can walk into and buy a 33uf 16 volt capacitor or a SPST switch. Even though they have changed and now boost the consumer electronics, they still have all that stuff that you just cannot find locally anywhere else. And being an electronics buff, I still love to browse in a Radio Shack (and I'm someone who hates shopping). So I hope The Shack never closes.Comment
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Last edited by The Ghost; 06-21-2010, 06:54 PM.ISLAND DOLLARS
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