7 companies on the ropes in 2013

In this economy, only the strong thrive, and these big names look decidedly weak as we enter the new year. Consider the plights of Sears, Best Buy, Zynga and more.

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137Comments
Dec 12, 2012 12:53AM
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Everbody complains about lack of jobs in America, but they keep on buying foreign made items like their is no tomorrow.  Please explain?
Dec 11, 2012 10:31PM
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How is this possible?...We keep hearing from the media and liberals that all businesses are getting richer and richer and hoarding billions, and they just will not hire people because they are greedy...Plus they have all criminally benefited from corporate welfare. And yet so many companies cannot make it through the very long recession....Is there something wrong with the information that we see in the news daily?
Dec 12, 2012 1:04PM
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8 OF THE TOP 10 MILLIONAIRES IN CONGRESS ARE DEMOCRATS! HOW YOU THINK THEY

MADE THEIR MONEY? YOU THINK ONLY ON BUSINESS IN US? HELL NO! WITH THEIR BIG

UNIONS KILLING THE AUTO INDUSTRY AND THEIR STIMULUS AND BAILOUTS FOR THEIR

SUPPORTERS FREINDS AND FAMILY AND THEIR BANKING REGULATIONS AND HOUSING

FANNIE MAE SCAM AND LIBERAL AGENDA AND SPENDING THEY HAVE DESTROYED THE US!

OBAMA'S REGULATIONS ON CHEAP ENERGY HAS FUEL ENERGY AND FOOD PRICES SKY

ROCKETING JUST LIKE HE PROMISED! HIM AND PELOSI LOVE UNEMPLOYMENT! THEY SAY

IT'S GOOD FOR THE ECONOMY! NO IT'S GOOD FOR VOTES! THEY SAY GREEN ENERGY IS

THE FUTURE BUT IT'S A PROVEN FAILURE! WHY SHOULD AMERICANS PAY FOR THIS? HE

WANTS MORE STIMULUS! THEY ARE STOPPING GROWTH AND JOBS! NOW OBAMACARE

IS HITTING EVERYBODY WITH FEES AND TAXES AND THEY CONTINUE TO LIE AND SAY

IT'S REPUBLICANS RAISING TAXES! HELL NO! IT'S OBAMA AND DEMOCRATS! THEY ARE

THE ONES RAISING YOUR TAXES NOT THE OTHER WAY AROUND!

Dec 12, 2012 2:06PM
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China keeps infringing on our patents and we do little to stop it,  Why because they buy some of our products and we are afraid to loose them as customers.  At the same time it is destroying job at home!

Make the rule strict, any infringement on any of our patents, NO TRADE!  PERIOD!!

Dec 12, 2012 10:39AM
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no one ever went out of business due to good management
Dec 12, 2012 11:58AM
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Because we Americans believe in the power of free markets when we purchase goods and services, but then are bewildered at the same dynamics at play in the labor market.

We are selling our time just like a company sells its products.  If a company can get the same labor for cheaper, what is stopping it?  Solution - learn a skill or trade that either cannot be outsourced, or do a job so well that the quality suffers dramatically if done by someone else.
Dec 12, 2012 12:27PM
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I wonder how many millions each C.E.O of these companies in trouble are making?
Dec 12, 2012 5:55PM
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Emptychair, you are a true dem, and I commend you for it.  But you SHOULD really show EVERYTHING that I wrote, not JUST what YOU want to show:

 

Empty,

First skip, I am NOT a racist, just calling facts for what they are.  This past election was NOT about the economy, or finances, period.  It was about Noblaba getting out and coddling the latin and african american vote, which actually for him was a smart tactical maneuver.  I have to commend him.  You can't seriously tell me that someone that put the country into 16 TRILLION of debt, SHOULD HAVE BEEN PUT BACK INTO OFFICE BASED ON HIS RECORD OVER THE PAST 4 YEARS OF DECLINING JOBS AND HIGHER DEBT.  THE TRUTH:  Noblaba got the votes from campaigning in 3 major points:  1.  Latinos  2.  African americans  3. UNIONS.    With all of this backing him, Romney didn't stand a chance.  THAT IS FACT. Even the left sided news networks were stating this as fact, as well as Faux.  Google it, (unless you are afraid to) and you will see the truth."

 

You keep calling me a racist.  WHERE IN MY POST DID I SAY ANYTHING BAD??  All I (and many americans of ALL ethnic backgrounds) see now, is the painful financial TRUTH that is coming to head in less than 2 weeks.  Noblaba (reguardless of what ethnicity he is), is FULLY responsible for the cliff that is approaching, and you dems seem to have your eyes and ears closed to the TRUTH about it.    And nothing for nothing, you dems really need to show the ENTIRE post if you are going to pick them apart, not JUST the parts you are attacking...

 

Or is this just part of your smear and fear that you dems are proud of???

 

Just saying...

 

Sincerely,

 

A dis-satisfied customer and voter...

 

Dec 12, 2012 6:09PM
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Sears will never make it because they did away with what made them big, their employees. Salesmen on commission made them because they had a desire to help and have customers come back. The stupid management isn't helping either.
Dec 14, 2012 10:11PM
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Ignorance must be truly blissful, because there is alot being posted tonight. This country has set itself up for today's economy, for years; Greed, lavish spending beyond one's means, excessive consumerism; face it people the world is changing and it's time to pay the piper, no matter who is in office.
Dec 12, 2012 1:50PM
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News Or Not

Your complaint is not logical.

 

Of course some companies are struggling.  This is a list of companies that are struggling.  Some of these companies were already strugglig before the recession.  For example, Sears has struggled for the past 10 years and it is unfathomable that it is still alive.

Some of these companies are being destroyed by online businesses.  Case in point, people do not buy electronic equipment from Best Buy anymore.  They get their gadgets from online stores at a fraction of the price.

 

It is also true that some companies are doing well, but are outsourcing jobs.  Just as it is true that companies in the Automobile Industry and the Financial Industry have received massive amounts of bailout funds from taxpayers.

 

For many companies, even for those that are about to go under, the CEO and the executives are collecting obscene amounts of money while the regular worker bees are being shown the door.

 

You seem to not agree with many of these facts.

 

Dec 12, 2012 5:56PM
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Lets look at this for awhile and think a second. I buy at all these store in trouble. Why? Because Americans work there, so isn't that kind of like supporting American workers?

I buy at Sears when I need tools. I love the lifetime warranty on Craftsmen tools. I like there Die Hard battery too.

I buy my big screen tv from Best Buy, I also buy my laptops there. Why? Ever got a broke TV from Amazon, or tried to return a computer there. It's a nightmare and computers, read their return policy you won't like it if you read it.

I shop a Rite Aid, their store personal are always courteous and friendly. The store is always clean in the three around where I live.Also there are long long lines at all.

Office Depot isn't local, so I don't shop there.

 

Dec 12, 2012 10:44AM
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I love Rite Aid when the stores are managed well. The CVS and Walgreens stores are full of made in China crap just like Walmart. Rite AId sticks to just the essentials and they  don't junk the stores up with crap. I trust their brand over the other stores. Plus the discounts you get from their Wellness cards can not even touch CVS or Walgrens. With the Wellness discount card I feel that I truly made some savings every time I walk out of the door. I have told all my friends and other people about it and they have come back with very positive comments and can't believe the savings. Give Rite Aid a try the savings are unbelivable withthe Wellness card!
Dec 12, 2012 2:36PM
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I wonder if they will continue the 2% payroll deductions that comes directly out of soc.sec. Really how stupid was that if they wanted to give money to the poor and middle class why didn't they do it differently.
Dec 12, 2012 6:30PM
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With the state of the, haha, higher education institutions; it does not surprise me that BO scored high with those with a 4yr degree. My 3 daughters all tell me that there is/was an obvious liberal slant to the classes. One is still in school; the other 2; like their parents, graduated summa cumme laude. One is now doing her doctoral work in mathematics and the other her graduate in family counseling. My wife is in education, and I have a lowly degree in in business an management. Thankfully; they were all intelligent enough to see through the historical hypocritical nature of the Democrats. This is in response to the "robots" that cited the election data in support of BO.

To the article; my only comment, is the same I made to my wife as we passed a boarded up Circuit City the other day, "It's sad to see a once thriving business boarded up".

Dec 15, 2012 8:54AM
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There needs to be broader discussion about this. What began as globalization turned into a way to undercut American Worker wages and then an assault on us all by marketing. Marketing "biz" is the core problem. America made great stuff! China got marketed until American manufacturing went out of business. Quality degraded as did family incomes, thus, the only ones who made money on the whole globalization scam was Wall Street, Madison Avenue and Law Firms. Today, these same people are the ones funding lobbies, PACs and everything else to keep taxes low, America unemployed and the regulation that used to protect us- made null and void by insufficient government. Time for change but not for New World Order. Let's get rid of paper pushers and administrators and restore quality.  
Dec 12, 2012 1:03PM
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There's no problem here.  Just ask Nobama to bail them out!!! 

 

Oh wait, that's right.  We NOW need to live within OUR means, make the RICH pay more, while the gov't spends MORE of OUR money on things like "clean energy" programs...

 

Sorry Best Buy and all of you involved here.  Take a jacket when you get to unemployment, it's getting chilly out there...

 

Sincerely,

 

A dis-satisfied customer and voter...

Dec 21, 2012 10:24PM
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The big Banks have the billions. Unlike the oil, food Etc. who need people to buy there products. The Big Banks do not need people any more to make money. When the Glass-Sagle act got repealed in the Clinton days. The Banks went to hoarding all the money. Now they buy and sell on the market and receive a % on the transaction. So the Banks stopped handing out Job loans. No job loans, no work force, No cash flow and the housing market failed. And what happened  to the banks. They got paid for doing it with are tax dollars.     
Dec 17, 2012 1:28AM
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Sears lost its brand equity and identity years ago.
They have a choice to fix it now or Sears may disappear forever. Start with the website(s) - they are a flipping MESS!

Here's a suggestion for US stores: Get back to the original Sears roots and realize there IS a market for Made in USA and QUALITY goods at a reasonable price. None of the big dept stores have made that move yet. There are still enough Made in USA brands to market and sell with a profit. Stop Sears brand dilution and separate K-Mart and LandsEnd further. Treat your sales associates with respect and they will respect your brand.

Another suggestion: Stay away from anything political and controversial. When you have too few customers, there's no advantage in alienating any of them.

Dec 15, 2012 8:55AM
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