5 companies you won't see after 2014

The latest list of well-known names that could be history by the end of next year includes a storied American retailer that has lost its way.

 of 7
 of 7

VIDEO ON MSN MONEY

824Comments
Jun 1, 2013 1:01AM
avatar
Another disappearing American brand is America itself.
May 31, 2013 8:24PM
avatar
Since Bill Clinton's NAFTA, many businesses in America has been disappearing, food stamps increasing, taxes increasing, paychecks decreasing, CONgressional salaries full time income for a poorly done part time job increasing, workforce decreasing, "we kin gitche sum muni" lawsuits increasing, "ask your doctor" and "medicare supplement " ads increasing, robberies, burglaries and heinious crimes increasing, work hours decreasing, social security taxes increasing, medicare premiums increasing, medicaid increasing, housing market decreasing, toy fads, video games increasing, eduation costs increasing, and now sequestration increasing, exports decreasing, imports increasing, US GOVERNMENT demanding laws increasing, healthcare decreasing, healthcosts increasing...............and on and on and on............
Jun 4, 2013 8:35AM
avatar
Stores like Sears, JC Penny, Kmart and others are sinking because they are using the old customer service model and they are understaffing it. WalMart is starting to follow suit, with not enough employees at the checkouts. 
You can't find help. Lines are slow. People leave merchandise and just walk out rather than stand in long lines waiting to hand over their money. Before Kmart went bankrupt, you could walk into their stores, load your cart only to walk to the front and find a gigantic box store with 1 CASHIER open. 
You can't spend money in a store when there's no one to take your money and no one there to help you. Why can't these stores understand this? 
It will be the death of them. 
Jun 3, 2013 10:47AM
avatar
This is the final result of "OUTSOURCING" jobs and unfair TRADE LAWS. 
avatar

Another American brand that is sadly and slowly eroding away is AMERICAN PRIDE. 

 

 We used to take the high road, you know, the road less traveled. We did not take it because it was easy or because it would make us more money. We took it because we were proud. We took it because we used to stand for something. We took it because we were taught that we were better. That we had morals. That we did not believe in child labor. That we did not believe in sweat shops. That we believed in equal and fair treatment for all. But today? All that old washwater was thrown out the window, baby included.

 

Today it is all about profits and getting "my piece" or "my fair share". Today American Pride is something I long for. Something I fondly remember. To think, we really believed when we were told "work hard, save money and do the right thing and you will be rewarded at the end". We did that. Where's the reward? To think how easliy misled and naive many of us were.

 

end of rant.

Jun 1, 2013 9:34PM
avatar
How about a new American company, Greedy Pigs-R-Us?  Their motto - to much money is never enough!  Squash all the mom and pop stores.  Squash all the small companies and family owned businesses.  Find a new business for consultants, speculators and traders who profit without doing a damned thing.  Sell penny stocks in this new company.  Get suckers to invest.  America is the land of opportunity.  Of opportunity lost!
Jun 3, 2013 11:58AM
avatar
people in America have to blame themselves for the greed destroying America outsourcing, outspending, overpricing the rest of the world with no sense of national pride and being destroyed by immigrants who come here and never actually assimilate
May 31, 2013 10:25PM
avatar

I have read several articles and watched Penny's stock struggle for the past few years.  After our recent visit I now I have witnessed some of the reasons they are struggling.  Went to Penny's last weekend so my wife could pick up seam new jeans.  When we walked in we were very surprised to see how nice our store was remodeled.  We were there for less than 10 minutes and my wife could not find any jeans.  We both immediately noticed the choice and  inventory was about 60% less than the last time we shopped their.  They had no selection what so ever.  The racks were spread very far apart.  We could have drove our car through the store their was so much empty space.  You can't sell merchandise if you don't have a selection.

 

They only had 2 types of jeans in stock and only a few sizes of each type.  We were extremely disappointed in the selection, inventory and fashion.  We were very disappointed because we use to shop at Penny's on a regular basis.  Over the past several years the selection has decreased and styles have suffered.  After the recent visit it will most likely be our last visit.  On the brighter side the store looked extremely nice and appeared to have a recent remodel.  This will probably help the value of the store when they are liquidating. 

avatar
How about Sears and K-Mart? Both are running on fumes.
Jun 3, 2013 3:29PM
avatar

I tried to test drive a Volvo convertable. The sales staff refused, but said that I could test drive a sedan instead.

I went next door an test drove and purchased a Mercedes CLK.

Is it any wonder that Volvo can't sell cars?

Jun 4, 2013 4:12AM
avatar
Volvo might have been a swedish company, but if you read the article, they are owned and made in China. I hate to see JCP go.
May 31, 2013 10:17PM
avatar

Remember Montgomery Ward? That store is long ago gone! It was bad management, and lousy customer service that made them zap out of business This is exactly the fate of JCP, they put themselves in the hole. Have they thought about turning their stores into indoor swap meets? Mr. Park "the Korean guy" will sure love to run their store as indoor swap meets.

Asta La Vista JCP!

Jun 4, 2013 7:33AM
avatar
The last jeans purchases I made were honestly at Nordstroms. Mostly by chance, I found a brand made in Southern California and, if I really believe in "Buy American," that was the thing to do. The price is over three times higher than the typical overseas manufactured brands, but these were made in Southgate, CA, USA. Penneys is fine for selected items. I purchased a kitchen item for steaming vegetables that is wonderful! There are good items to be found at JCP.
Jun 3, 2013 12:29PM
avatar
the results of your corpo gov in action...it considers your local community a colony to be sucked dry and abandoned...witness detroit...once the very pinnacle of american progress...keep an eye on it...soon it'll be your future
Jun 3, 2013 11:53AM
avatar
Volvos suck. I owned one and it needed  a lot of work done, which i know is the luck of the draw but the real problem is Volvo and Jaguar both refuse to allow aftermarket parts. Which means I had to pay top dollar for everything and when they decide to stop making parts your screwed. 
Jun 3, 2013 2:19PM
avatar
I've noticed a lot of retail stores don't carry half the selection they used to compared to a even decade ago. Seriously, you could fit two "new" Best buy stores' inventory in the space of one of their stores from the 90s. And then they wonder why sales are down. 
Jun 3, 2013 10:51AM
avatar
So life goes on.  Brand names, store fronts, nameplates come and go.  There is no gloom and doom in all this.  Since WWII more than a dozen auto name-plates have vanished, at least as many railroads and the list goes on.  Did any of you really notice?  The steel industry largely disappeared in the U.S., Textiles are gone.  How many brands of gasoline have disappeared?  Did you notice or really care?  Did any of it significantly change your life?   It's just life and business.  The faces change.  Commerce goes on.
Jun 3, 2013 3:02PM
avatar
While the Volvo quality has never been in question (aka, the Sweedish tank), the price for comparative vehicles else where leaves Volvo as an unattractive alternative. Underpowered vehicles (one has to pay extra for either a turbo or more powerful drive  train) and EVERYTHING is extra. With vehicles SO expensive now, the lower priced alternatives make more sense than ever.
May 31, 2013 5:24PM
avatar

Duh.. haven't heard much about of any of them for what seems like years but JCPenney's, and thats only been bad news for them.

Report
Please help us to maintain a healthy and vibrant community by reporting any illegal or inappropriate behavior. If you believe a message violates theCode of Conductplease use this form to notify the moderators. They will investigate your report and take appropriate action. If necessary, they report all illegal activity to the proper authorities.
Categories
100 character limit
Are you sure you want to delete this comment?

DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

RECENT QUOTES

Watchlist

Symbol
Last
Change
Shares
Quotes delayed at least 15 min

MARKET UPDATE

NAMELASTCHANGE% CHANGE
There’s a problem getting this information right now. Please try again later.
NAMELASTCHANGE% CHANGE
There’s a problem getting this information right now. Please try again later.
Market index data delayed by 15 minutes

[BRIEFING.COM]

  • Commodities are trading modestly higher this morning despite strength in the dollar index
  • Copper futures are showing interesting this morning despite strength in the dollar index.
  • Copper (Sept) has been climbing higher all day so far and just hit another new HoD at $3.16/lb. Sept copper is now +2.1% at $3.15/lb
  • Crude oil moved into positive territory in overnight trade as has risen as high as $93.48/barrel this morning. Crude was holding gains ahead ... More


Currencies

NAMELASTCHANGE% CHANGE
There’s a problem getting this information right now. Please try again later.