VIDEO ON MSN MONEY
Another major brand that is now in a death spiral..... America.
Without fundamental reform to the out of control spending, entitlements, etc., This once great nation will soon collapse into pieces in the aftermath of the revolution.
Reform NOW! begin by dismantling the government pension programs and obamination care.
As A Teen I spent many a time at Woolworths Lunch Counters. Back then we had Real, Great Tasting Milk Shakes, not this crap they call a shake, Real Hamburgers and Great Fries , not the near potato sticks they call Fries, Sundaes, Floats to name a few things.
In order to appreciate what made these businesses Iconic you needed to be there in those days. Another Icon that has disappeared is Howard Johnsons Restaurants. When you saw that Orange Roof, you knew you were going to get good food.
"Bethlehem Steel was beginning its decline in the late '80s, as the U.S. transitioned away from industrial manufacturing"
And with that statement begins the end of the middle class.
In another year, Sears and Kmart can be added to this list.
If walmart keeps up their antics,they'll be on this list some day.
May not be for 20 years,but they wil be.
F .W .Woolworth, They (The home office) put all the eggs in one basket Woolco. They used the
profit for the Woolworth, Harvest House, Burger King , After Thoughts Jewelry Stores, Richmond
Brothers Clothing Store, etc. Tried making Woolco work not updating the bread and butter stores.
A large old company like Woolworth goes under the trouble starts at the top ( the home boys)
Start cleaning at the top and save the company.
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[BRIEFING.COM] The major averages punctuated a solid week with a subdued Friday session. The S&P 500 shed 0.2% to narrow its weekly gain to 1.7%, while the Nasdaq Composite (+0.1%) displayed relative strength. The tech-heavy index finished the week in line with the benchmark average.
Market participants went into today's session expecting to hear some new insight from Fed Chair Janet Yellen, who delivered the keynote address at this year's Jackson Hole Symposium. Unfortunately, the ... More
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