Monday, May 27, 2013

Declining Brands / Companies in 2013 and 2014? / Which companies are likely to go extinct due to declining sales?

From the link: http://ca.finance.yahoo.com/news/ten-brands-that-will-disappear-in-2014-181419498.html?page=1

Some of the criteria used to decide which brands will disappear are as below:
- Declining sales and losses;
- Financial troubles of the parent of the brand
- Rising costs not unlikely recouped through higher prices;
- Companies that are sold;
- Companies that go into bankruptcy;
- Companies that have lost the great majority of their customers
- Operations with withering market share.



The list of endangered companies (notable ones) are as below:
  1. J.C. Penney
  2. Nook
  3. Living Magazine (by Martha Stewart)
  4. Living Social
  5. Volvo
  6. Olympus
  7. WNBA
  8. Leap Wireless
  9. Mitsubishi Motors
  10. Road & Track

1 comment:

Brownie Recipes said...

This was lovely to rread