Popular Brands That May Die in 2015
Facebook Twitter google+ RSS Feed

Popular Brands That May Die in 2015

By SiliconIndia   |   Tuesday, 30 December 2014, 13:08 Hrs
cmt right
Comment Right
cmt right
cmt right
Printer Print Email Email

BENGALURU: There are numerous brands that play a major role in our lives. Some are so important that not a day goes without using these brands. But the competition in the market is such that if you don’t put up with the rising demand and the changing tides, the brand is sure to face extinction. Here are some such historic brands that have long been with us and now are ready to fade into darkness. The fallout of global economic crisis and the ever increasing online commerce are the major reasons that led to the shutting down of these brand stores. The Richest has compiled the list of brands that ruled the world for years and few of them are too hard for us to let go. The following are the brands that may disappear entirely.

JC Penny:

It is unbelievable how online commerce has sidetracked customers from the physical market. E-Commerce crept into our lives to such an extent that it can now force a century old retail store to shut their outlets. JC Penny is one of the several large departmental stores that was hit hard financially in the past few years. The company’s marketing strategies have all failed lately and the cash flow has gradually reduced, which slowly killed the company. At present the company is in such a position that it may die entirely very soon as it is unable to survive the crisis and nothing less than miracle can save that.

Also Read: Five Small Cap Stocks with Potential to Become Multibaggers
Which Executives Made The Most Egregious Errors In 2014?

Experts on SiliconIndia
Santhosh  K
Sr. Soft. Engg.
Oracle India
Nehal Vyas
Sr. Team Lead
Cyberoam Tech.
Rani Malli
Sr. Director
Sr. Executive
Vijay Balkrishna Konduskar
Business Consultant
Imans Web Tech
Dr L P  Sharma
Technical Director
Reena Khanna
Dellas  Asse
sys-network admin
Computer Station
Write your comment now
Submit Reset