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re: What major U.S. company do you think will be out of business in ten years?
Posted on 12/11/23 at 5:49 am to Chief Hinge
Posted on 12/11/23 at 5:49 am to Chief Hinge
CNN?
Posted on 12/11/23 at 5:51 am to Chief Hinge
AMC
Raising Canes
Pilot Stores
NCAA
Disney
Many small liberal colleges
Krueg- those plastic heated have to be bad
ATT
Tesla
Raising Canes
Pilot Stores
NCAA
Disney
Many small liberal colleges
Krueg- those plastic heated have to be bad
ATT
Tesla
Posted on 12/11/23 at 5:56 am to Chief Hinge
10 years - Best Buy, Yahoo, and some semiconductor companies that are too dependent on labor/supply chains originating in Taiwan, which will be invaded or blockaded by China.
If things don’t change….Ford and GM will be gone in 20. Ford because they just fumble almost everything and can’t organize itself. GM (and VW) because they are overly exposed to China nationalizing foreign assets in their country.
If things don’t change….Ford and GM will be gone in 20. Ford because they just fumble almost everything and can’t organize itself. GM (and VW) because they are overly exposed to China nationalizing foreign assets in their country.
This post was edited on 12/11/23 at 6:21 am
Posted on 12/11/23 at 6:20 am to Chief Hinge
All of them if another democrat is elected
Posted on 12/11/23 at 6:32 am to weptiger
quote:
Dicks Sporting Goods has made it very clear that if you are a registered gun owner, they have no respect or use for you.
unfortunately yellowfin likely agrees with them nowadays…
Posted on 12/11/23 at 6:40 am to Mr Breeze
quote:
G.E
Has been a Chinese company since 2016. The appliance division, anyway.
This post was edited on 12/11/23 at 6:41 am
Posted on 12/11/23 at 6:50 am to IAmNERD
GE in its current form is in good shape.
Posted on 12/11/23 at 11:10 am to EST
quote:
Office Depot (if you consider it a major company) - and I give them less than 5 years.
Maybe they’ll just merge with Office Max and be done with it. And then still lose out to Amazon.
Posted on 12/11/23 at 11:17 am to Chief Hinge
There’s a LOT of zombie companies right now. A ton will be going belly up in just the next two years as lending continues to tighten and interest rates increase.
In my opinion, the most vulnerable parts of the market continue to be big box retail and family style restaurants. Millennials and zoomers are straight up too poor to have enough kids or eat out often enough at sit down restaurants to support all of these massive chains. Some simply won’t survive, and Amazon has absolutely gutted retail. Any company that relies on commercial real-estate is in trouble as that bubble is bursting big time right now.
More upscale businesses likely will survive because the current economic issues are largely not effecting the wealthy at all. It’s the middle class and working classes taking a HUGE haircut. Real luxury brands will survive while the faux luxury brands consumed by the middle class consumers will suffer.
In my opinion, the most vulnerable parts of the market continue to be big box retail and family style restaurants. Millennials and zoomers are straight up too poor to have enough kids or eat out often enough at sit down restaurants to support all of these massive chains. Some simply won’t survive, and Amazon has absolutely gutted retail. Any company that relies on commercial real-estate is in trouble as that bubble is bursting big time right now.
More upscale businesses likely will survive because the current economic issues are largely not effecting the wealthy at all. It’s the middle class and working classes taking a HUGE haircut. Real luxury brands will survive while the faux luxury brands consumed by the middle class consumers will suffer.
This post was edited on 12/11/23 at 11:19 am
Posted on 12/11/23 at 11:22 am to mytigger
quote:
Chicken Salad Chick
No idea how this place stays open
Good call. Was probably pretty successful when it was one local store but the ones around us do bupkus for business.
Posted on 12/11/23 at 11:27 am to bird35
quote:
Peleton.
Zombie company. It can service its own debt and pay employees if it remains stable....but that's about it.
Whoever mentioned movie theaters is making a good choice. I think the way we enjoy films has changed, and Hollywood just isn't putting out the quality it once was. Movie theaters are not as profitable as they used to be. Some of the struggling ones will go belly up.
This post was edited on 12/11/23 at 11:30 am
Posted on 12/11/23 at 11:28 am to Chief Hinge
quote:
For me, it’s Burger King.
I am convinced fast food is done except in select locations. BK is especially dead in our area. All of them are struggling though. I think restaurants in general are going to shrink in number....even the mid price chains do not do the business they did before COVID. Increasing labor costs and inflation will make a huge impact. Food quality is bad even when it is good...service is lousy. I don't think many remain in business much longer.
Posted on 12/11/23 at 11:30 am to elprez00
quote:
Aren’t they owned by Yum Brands?
Lol no.
Posted on 12/11/23 at 11:31 am to biglego
quote:
I didn’t know that. Kroger sure is strong here in Texas. There’s one every half mile.
Would swap every Kroger in Georgia for 3 HEBs in our area!
Posted on 12/11/23 at 11:35 am to KillTheGophers
quote:
Tesla
This has to be the dumbest answer
Posted on 12/11/23 at 11:35 am to AwgustaDawg
quote:
I am convinced fast food is done except in select locations. BK is especially dead in our area. All of them are struggling though.
I never really liked Burger King or Wendy's, but both of those chains seem to be horribly managed right now. Burger King has announced hundreds of closures this year, and they will follow that up with more closures in 2024.
I'd be shocked if the Burger King nearest to my house survives. They are sitting on very valuable real estate that they bought back when they were chasing McDonalds, but they never really seem to be busy anymore.
Their food quality is terrible, but so is McDonalds. Except the McDonalds stays busy. McDonalds also seem to be on far superior pieces of real estate too, with easier access and closer proximity to major supporting anchors (like a WalMart) or on a major corner.
quote:
I think restaurants in general are going to shrink in number....even the mid price chains do not do the business they did before COVID. Increasing labor costs and inflation will make a huge impact. Food quality is bad even when it is good...service is lousy. I
Good observation.
Another thing I've noticed is that the newer Taco Bells, Whataburger, Wendy's, and Burger Kings tend to be smaller in scale/size than they used to be. There's a greater emphasis on drive-thru, fewer parking spaces, smaller dining rooms, and less staffing needs than the restaurants built by those chains in the 1980-2015 timeframe.
By contrast - Raising Cane's, Starbucks, In & Out Burger, and especially Chick Fil A seem to be scaling up in restaurant envelope size as they expand to new locations. The newer stores are often far larger than the older ones - which means they cost more to set up, cost more to staff, and limits those chains ability to expand into secondary/tertiary markets or on smaller plots of land than they dealt with in the past.
This post was edited on 12/11/23 at 11:47 am
Posted on 12/11/23 at 11:39 am to Shexter
quote:
Cane's due to shrinkflation of the chicken strips.
Nobody wants a Louisiana business to fail more than the people from Louisiana
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