10 Brands That Will Disappear in 2017

[Milk N Cookies]

Bout to eat off the Sports Authority discounts

All the Chicago ones closed about 6 months ago... coulda been eating off the under armor

 

[wickedsm]

 

[cheek100]

Sears should go to just hard lines, appliances tools and automotives.
Home goods and get out of clothing,

I did notice a jc penny here is now selling appliances, we will see how that goes.

Oddly enough I've seen 2 uspa stores out here that stay busy , people coming out with full multiple bags (one in the mall, 1 in the premium outlet center)


There's defiantly still a market for cheap shyt.

 

[morris]

You may be on the list of 10 posters that may disappear in 2017. Didn't they warn us about this?

I wonder what is driving the decline in the sports/athletic store industry ?

 

[Collateral]

No Radio Shack?

 

[QuintessentialBM]

I wonder what is driving the decline in the sports/athletic store industry ?

In my personal opinion, it's just the bubble bursting in addition to the average person not having the disposable income. For these sports apparel companies, it's all about the private sector and all of these contracts they have with the high school and college sports teams for their equipment and uniforms.

Remember when Starter, and to a lesser extent, Russell was the big shyt in the 90's? Now, that shyt is only sold in Walmart and liquidation outlet stores like Ross.

If you're not any of the big 5: Nike, Adidas, Puma, Reebok or Under Armour.... then you're a struggle company.

 

[FreedMind]

yik yak...

everyone was on that for like a quarter.

 

[daemonova]

I did notice a jc penny here is now selling appliances, we will see how that goes.

.

jcpenny been sold appliances, they just don't directly sell the same stuff wal-mart does, they fine with being second banana, bought an electric razor there in 2007, when i got it it cut like a hot knife thru butter, not as good anymore but still useful, and I never really cleaned cleaned it

 

[wickedsm]

jcpenny been sold appliances, they just don't directly sell the same stuff wal-mart does, they fine with being second banana, bought an electric razor there in 2007, when i got it it cut like a hot knife thru butter, not as good anymore but still useful, and I never really cleaned cleaned it

I mean big kitchen appliances in store, fridges, stoves, washers etc. Maybe they've sold them online but I've never seen them in store. It was a big enough deal that the store I saw had a big ass banner announcing it on the side of the building.

 

[MikeyC]

What about American Apparel?

Thought they were on their last legs?

 

[QuintessentialBM]

No Radio Shack?

Radio Shack is already gone.

 

[Amestafuu (Emeritus)]

Expected to see Jordan Brand on this list...

Lol get real fam

 

[QuintessentialBM]

I mean big kitchen appliances in store, fridges, stoves, washers etc. Maybe they've sold them online but I've never seen them in store. It was a big enough deal that the store I saw had a big ass banner announcing it on the side of the building.

I can't even remember a JC Penney catalog having appliances.... perhaps old age is catching up to me.

What I do remember is Sears having the home appliances and electronics game on lock because they had their own warranty in addition to the manufacturer warranty, plus their own service people to fix shyt.

Problem was Sears markup was about as bad as Fingerhut. It finally caught up to them. Walmart and Best Buy took over the electronics and small appliances market. As for the big appliances market, places like Home Depot, Lowe's got that locked now.

 

[wickedsm]

I can't even remember a JC Penney catalog having appliances.... perhaps old age is catching up to me.

What I do remember is Sears having the home appliances and electronics game on lock because they had their own warranty in addition to the manufacturer warranty, plus their own service people to fix shyt.

Problem was Sears markup was about as bad as Fingerhut. It finally caught up to them. Walmart and Best Buy took over the electronics and small appliances markeg As for the big appliances market, places like Home Depot, Lowe's got that locked now.

Yup. We've bought from the home Depot lately so we can take the military disount. It's worth it.

 

[grandpianos]

Michael B. Sauter and Evan Comen Thu, Dec 22 3:00 AM PST
5. Theranos
Consumer health care technology company Theranos raised more than $400 million in funding and had a valuation of $9 billion in 2014. The company was poised to revolutionize the health care industry, and its founder Elizabeth Holmes was hailed as the next Steve Jobs. The company’s flagship product, the Edison device, could draw and test blood in a single finger prick. In a series of investigative reports by The Wall Street Journal assessing the accuracy of the blood tests, however, the Edison devices were found to be faulty. Theranos voided the tens of thousands of blood tests administered in 2014 and 2015, and Holmes’s net worth fell from $4.5 billion -- her 50% stake in the company -- to nothing.

Theranos has been hit with multiple lawsuits in the wake of the WSJ revelations. In November, Walgreens sued the company for $140 million on the grounds that Theranos misrepresented the efficacy of its technology. Walgreens was Theranos’s biggest partner before the scandal, offering blood testing services at 40 now-closed Theranos Wellness Centers in Walgreens locations throughout Arizona. Multiple solo investors, many of whom invested more than $100 million in the company, have also sued Theranos. In addition, patients who suffered heart attacks or other medical issues after receiving normal blood test results from Theranos have also filed multiple lawsuits against the company. The company’s future is bleak in the face of so many lawsuits. Additionally, Holmes is barred from owning or operating a medical laboratory for two years.

Holmes’s net worth fell from $4.5 billion -- her 50% stake in the company -- to nothing.

Holmes’s net worth fell from $4.5 billion -- her 50% stake in the company -- to nothing.

Holmes’s net worth fell from $4.5 billion -- her 50% stake in the company -- to nothing.

Holmes’s net worth fell from $4.5 billion -- her 50% stake in the company -- to nothing.