"Ten Brands That Will Disappear in 2014"
http://finance.yahoo.com/news/ten-brand … tml?page=1
Why would the Nook disappear? I know the Kindle is much more popular but there are still a lot of loyal customers following Barnes&Noble.
I'm not surprised to see JC Penny on the list. I've been wondering how long they'll be around for a while now.
I was quite surprised by Volvo as it is quite popular in the UK
It's a little odd - while they're generally recognized for quality here there just aren't many around. Lack of sales effort, I suspect.
Beastly expensive to repair. One of our kids has the SUV, the engine blew on a cross country trip with a 3 week old baby. Thankfully it was under warranty. It cost $22,000 to replace the engine. I don't think its that great a car. My criteria for a car is that it works every time someone turns the key.
I find it ridiculous that companys which "only" make $122 million a year aren't considered profitable enough. Jeeze! This is Wall Street mentality. Everything has to grow or it's not good enough. If I was Martha Stewart (excuse me, while I shudder at the thought) I'd keep the magazine as a marketing tool for the product lines, if nothing else.
OK. Rant over.
"In the five years up to the end of 2012, publishing revenue fell from $179.1 million to $122.5 million."
The $122.5 million is REVENUE which is sales before cost of sales, G&A, Depreciation, taxes other than income, interest expense and income taxes.
Yes, that's true. But $40 some million of that was non-cash writedown. Also, when looking at that size of corporation, I may be wrong, but I don't think of revenue as that different from income, once the books have been properly doctored to take advantage of all tax loopholes. Especially considering that Martha has 90% of the voting rights, which means she controls every dollar.
Interesting. J.C. Penney tried to remake itself back in 1984 - they'd already begun looking like a Sears wannabe, and they began aiming for a higher profile image. Now, however, they're back to being 'blah' and off-the-rack, without any real socio-economic niche.
As for Nook - I am not surprised - they simply don't have the branding of Kindle or iPad.
Olympus - well, that's a sad one. I'm into Canon, but I highly respect Olympus - they came out with an innovative & petite dLSR a few years ago - which was way ahead of the game. But they probably can't compete with Canon or Nikon.
I love my Nook but I had heard it may be going away so I wonder what happens with all the books I have on it.
When Penney's started their new campaign and changed everything our store was empty. We have so few stores here people would use Penneys but the new change really hurt the store.
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