Scope (?):  All Topics
midget
professor
5 3 2
10 6 2
Hot or Not?
8

Companies on the Brink

submitted on April 10, 2010 by midget in "Member's Lounge"
Between 2008-2009 we saw many companies "go under".

Who's next?

Is it to late for a change or are companies such as Borders, Rite Aid and Blockbuster doomed?

http://finance.yahoo.com/caree.....leadership
     

Favorite
  Comments
  • 58575
    reallyrob
    expert
    4 1 1
    Posted by reallyrob on April 10, 2010
    [reply] 9 0
    I haven't been in a Blockbuster store since 2000. I got a NetFlix account and have never been back!
  • 58585
    midget
    professor
    5 3 2
    10 6 2
    Posted by midget on April 10, 2010
    [reply] 4 0
    About 2 years ago they closed ALL but 1 Rite Aid in NV. They still exist all over Cali though.

    The one that kind of surprised me when reading this was the Borders possible closure. Not sure why though, I haven't been to a Borders for many years. I read this article and their debt is large.
    How troubled is Borders? The company's stock currently sells for under $2 dollars a share. Borders has to repay a $42.5 million dollar loan due on April 1. If Borders can raise this money, the bookstore chain still faces a $360 million dollar note payment due July 2011.
  • 58595
    MrCheap
    professor
    2
    1 1 1
    Posted by MrCheap on April 10, 2010
    [reply] 8 0
    On the other hand Sharper Image is back with the online store. It's a circle of life Smile
  • 58616
    honesta
    master
    Posted by honesta on April 10, 2010
    [reply] 4 0
    It's REDBOX versus Netflix. Now FIGHT !!!!!!!!
  • 108325
    CouponNut
    deity
    23 14 8
    12 10 2
    Posted by CouponNut on March 23, 2011 [reply] 0 0
    History repeats itself again!
      108355
    • CouponNut
      deity
      23 14 8
      12 10 2
      Posted by CouponNut on March 23, 2011 [reply] 0 0
      Ditto too!

Leave a Comment (members Sign in to comment)

Name

E-Mail (will not be published)

2 x 3 = ?

Emoticons

'Mr Green''Neutral''Twisted''Arrow''Eek''Smile''Confused''Cool''Evil''Big Grin''Idea''Red Face'

(more)


 

Browse by tags