10 Brands That Will Disappear In 2011?
That’s what the so called ‘experts’ are saying and topping the list are Readers Digest which we all grew up with reading and probably many still do. Another one that was to be expected sooner or later will be the traditional ‘brick and mortar’ video one time king Blockbuster video.
These aren’t ‘cast in stone’ but don’t look too viable beyond the year. The Age of Obama, the end of America as we’ve known it?
Sure looks like it more and more, particularly if he’s not neutered in November.
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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. Last April, 24/7 Wall St. identified twelve brands that our analysis showed would disappear, including Saturn, Borders, Palm, AIG and Eddie Bauer.
We also accurately identified brands that would disappear in our December list. With a number of the brands on the December list either gone or on a short-term path to extinction, 24/7 Wall St. has put together the latest version of the Ten Brands that Will Disappear. To qualify, we expect that brand to be gone by the end of 2011, or for its parent to be sold or go into Chapter 11.
Below check out 24/7 Wall Street’s list of 10 Brands That Will Disappear In 2011. Quick, before they’re all gone! (And visit 24/7 Wall Street for more information on these brands.)
continued at 24/7 Wall Street.
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