Ten Brands That Will Disappear In 2012


ninelives

Senior Member
Jan 16, 2002
3,248
3
38
BB
ninelives.clubsnap.org
#1
24/7 Wall St. has created a new list of brands that will disappear, which includes Sears (NASDAQ:SHLD), Sony Pictures (NYSE:SNE), American Apparel (NYSE:APP), Nokia (NYSE:NOK), Saab, A&W All-American Foods Restaurants, Soap Opera Digest, Sony Ericsson, MySpace (NYSE:NWS.A), and Kellogg’s Corn Pops. (NYSE:K).

Each year, 24/7 Wall St. regularly compiles a list of brands that are going to disappear in the near-term. Last year’s list proved to be prescient in many instances, predicting the demise of T-Mobile among others. In late May, AT&T (NYSE:T) and Deutsch Telekom announced that AT&T would buy T-Mobile USA for $39 billion. The deal would add 34 million customers to the company and create the country’s largest wireless operator.

Read more: 24/7 Wall St. Ten Brands That Will Disappear In 2012 - 24/7 Wall St.
 

cks2k2

New Member
Feb 12, 2009
939
2
0
#2
I think the T-Mobile deal was cancelled last week.
 

Van Faniel

New Member
Nov 25, 2007
125
0
0
#3
The list has Nokia... i don't think Nokia will be sold off anytime soon... Microsoft has invested too much for Nokia to fail... besides, they need Nokia for the smartphone industry...

As for the other brands, it's just a matter of time... i would be sad if A&W disappears though... still remember the times during my school days where we would hang ard enjoying root beer floats... =(
 

harnamsc

Senior Member
Mar 15, 2008
725
0
16
Singapore / Melbourne
#6
It may be more true than you think................Sony Ericsson has already been bought over by Sony:
Sony buys Ericsson out of mobile phone venture | Reuters

And Saab is done for, the company has officially filed for bankruptcy following the failure of a China carmaker to acquire the company. I'm kinda upset by this as I've always felt that the Saab 9-3 convertible was a truly elegant car and I've always wanted to buy one someday. :(
Carmaker Saab files for bankruptcy

As for Nokia and A&W, the truth is their sales have been dwindling for years and those companies simply do not have the reserves or the cash to endure another year of losses. If their sales do not pick up (i.e. consumers change their minds about not buying their products) then they are done for.
 

Top Bottom