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15 Companies That Might Not Survive 2009

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Fleshdancer Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 08:03 PM
Original message
15 Companies That Might Not Survive 2009
http://finance.yahoo.com/news/15-Companies-That-Might-Not-usnews-14279875.html

We examined ratings from Moody's and data from other sources to develop a short list of potential victims that ought to be familiar to most consumers. Many of these firms are in industries directly hit by the slowdown in consumer spending, such as retail, automotive, housing and entertainment.

Rite Aid
Claire's Stores
Chrysler.
Dollar Thrifty Automotive Group.
Realogy Corp
Station Casinos
Loehmann's Capital Corp
Sbarro
Six Flags x(
Blockbuster
Krispy Kreme
Landry's Restaurants
Sirius Satellite Radio
Trump Entertainment Resorts Holdings
BearingPoint
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truebrit71 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 08:05 PM
Response to Original message
1. You missed the most important one...MINE...if the market/economy doesn't pick up soon my job might..
...not survive 2009 either...
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panader0 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 08:07 PM
Response to Original message
2. You can put my small general contracting business on the list.
18 years.
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DJ13 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 08:07 PM
Response to Original message
3. I would be sad if Rite Aid went under
My wife and I love Thrifty ice cream.
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Xithras Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 08:19 PM
Response to Reply #3
7. Yep, throwback to childhood there.
I remember being a little kid, and my grandpa would take me to Thrifty's every weekend to buy a scoop of ice cream after church. I was always torn on whether to get Rocky Road or Black Cherry, but my grandfather refused to buy me a second scoop. Finally, one weekend, I ordered a Rocky Road, slapped the 25 cents for the second scoop down on the counter myself, and asked for a scoop of Black Cherry on top of it. My grandpa just smiled and asked the clerk to make them "extra big" since I was buying my own now.

I used to love playing with the tube testers too.
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maseman Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 08:11 PM
Response to Original message
4. Some of these have been hurting for some time
I know Krispy Kreme doughnuts, Rite Aid, Blockbuster, Sirius and Six Flags were hurting even before the economic downtown.

Who needs Blockbuster video when we have on demand, TiVo, etc. Rite Aid stores are gross. Sirius is so far upside down it is stupid even after the merger with XM. Six Flags have been slowly closing locations.
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prolesunited Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 08:12 PM
Response to Original message
5. Blockbuster is losing out to Netflix unbox on Amazon
and Redbox kiosks, which charges $1 a night.
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serrano2008 Donating Member (363 posts) Send PM | Profile | Ignore Mon Feb-09-09 10:57 PM
Response to Reply #5
13. Agree - Blockbuster could make huge profit this year by perfecting the downloadable movies.
It's the future of movies anyways but they put off the transition to this stuff for so long. I should be able to rent ANY non-New Release over the internet or straight to my cable box for 99 cents. ANY non-New Release.

And New-Releases should be straight to my computer or cable box for $2.99. Enough of this dumb mailing and stores and stuff. The future is NOW Blockbuster!
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vanderBeth Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 08:15 PM
Response to Original message
6. Six Flags? :'(
I don't care about your Six Flags, but I do want the original to stay open.

With the old timey carousel and pink things...sigh.
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yourout Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 08:27 PM
Response to Original message
8. Krispy Kreme and Six Flags?............Shit.
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Deja Q Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 08:30 PM
Response to Original message
9. I feel sorry most and by far for Chrysler and, believe it or not, Trump.
I don't know enough about the other companies.

Oooh, Obama mentioned us making things again. He's right.
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blue_onyx Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 08:56 PM
Response to Original message
10. Chrysler is the one that worries me most
Since I'm in the Detroit area, that company closing would have the biggest impact for me. I hope they can make it, in some form or another. I'm not optimistic though.

I wouldn't be surprised if Rite Aid closed. The store near my house is really run down and the parking lot is always empty. I've only been there, maybe 2 times, in the last 5-6 years. There aren't many Rite Aids in my area...we mainly have Walgreens and CVS.

I didn't know Six Flags was doing so poorly. I've never been to one of their parks. Cedar Point is the amusement park I usually go to.

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roamer65 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 09:36 PM
Response to Original message
11. Add General Motors to the list as well.
I think GM and Chrysler will be forced into a structured bankruptcy by the gov't in order to preserve the loans made to them.
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SammyWinstonJack Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 09:46 PM
Response to Original message
12. Add the auto industry (retail sales) It's the worst I've seen in 16 yrs.
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BlooInBloo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 11:00 PM
Response to Original message
14. Interesting. Here in Seattle, it appears that Walgreen's is going under, not Rite-Aid....
But that's just here.
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