Sunday Morning Lineup
Recently there was an article on AOL’s Money & Finance webpage that was headlined, “10 American Companies That Will Disappear in 2011.” Stories like that catch my eye because I have always been interested in retail and commerece activity including advertising. The failure of long-established and/or large businesses is nothing new, and is a normal event in the constant change and renewal of commercial businesses. It is competition that compels business to improve their product along with keeping up with the evolution of everyday demands from the public. The New York Central Railroad didn’t. Neither did Gimbel’s famed department stores. Anybody seen a Philco television set lately?
In the past year or so we have witnessed the disappearance of Circuit City, Pontiac automobiles, and relative newcomers like Linens ‘n’ Things. Right now we’re watching the slow death by asphyxiation of Blockbuster Video and the classic auto brand of Jaguar.
This ARTICLE that I’m referring to today has a couple of surprises in it. Surprises for me, anyway, because I don’t study corporate activity and financial reports like that. A couple that do NOT suprise me are Saab automobiles and Frontier Airlines. Gateway computers was surprising only because I had completely forgotten about them. And Borders Books is universally written off, in fact they are literally in their last days.
Going …. Going …..
But I was startled to see Office Depot and Sara Lee foods on the death-watch list. I am distraught over Office Depot’s probable demise because I do a lot of business with them. They are one of my favorite places to browse and buy “stuff.” But reading this article’s description of the reasons they are in difficulty makes sense. If I haven’t bored you yet with this topic, CLICK HERE to read the full story.
But first we have to get this equipment checked out, so let’s get started while I go make some more coffee. See you back in the kitchen for Sunday breakfast in just a little while.
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