What Big Name Companies Are Vulnerable & Which Are Safe For Many Decades?

HacheMan · Apr 18, 2018

With longtime stores like Kmart, ToysRus, and others coming to their sad ends, what other popular companies might we see become extinct in our lifetime?

Also, which seem like they will last forever?
Example: McDonalds

PoundFoolish · Apr 18, 2018

Heard today Bed, Bath & Beyond is in big trouble

HacheMan · Apr 18, 2018

PoundFoolish said:
Heard today Bed, Bath & Beyond is in big trouble

Not surprised

Lots of overpriced stuff in there

PoundFoolish · Apr 18, 2018

Hache Man said:
Not surprised

Lots of overpriced stuff in there

sure is...like the 20% off coupon is gonna trick me, yeah right

RX drew · Apr 18, 2018

Excellent question. I have a great foundation to offer some answers. Firstly ...companies as we know them meaning the large McDonalds type or Wal Mart will not exist as we know them in the not to far future. Large companies are disappearing at a rate faster than ever. Case in point. When your parents worked they most likely landed a job and stayed there for 25-50 years received a pension and then relaxed. 75 years ago the average life span of a Fortune 500 company was in the neighborhood of 60-100 years. Now a days the average life span of the same company is less than 20 years and shrinking! Why? Because we are learning at a faster rate now than at anytime in history. When you want to improve something in business you take the model and change it. This is exactly what entrepreneurs are doing in 2018! They are taking existing company ideas and changing them so fast that the old companies cant keep up and they are being obsolete. Another case in point Kodak film...you remember it im sure. Well Kodak as you remember it isnt making film anymore ...why? because nobody really uses film . They use their phone to capture images, Anyway Kodak went bankrupt because its model was flawed. Years later they reemerged and reinvented themselves. Real Estate companies will disappear as people really have no need for these. People will simply select the home they are looking for via the web and take a virtual tour, not simply see a 5 minute video that is on a Re Max website. Cars will be drive by AI and there will be no need for gasoline as most of our energy in the future will be derived form Solar. Speaking of Solar...think about this... most of the hottest most barren areas of the Earth are also the poorest...this will change in the not so distant future as these areas will become massively undervalued. We need these places to absorb Solar energy and run our planet.

PoundFoolish · Apr 18, 2018

RX drew said:
Excellent question. I have a great foundation to offer some answers. Firstly ...companies as we know them meaning the large McDonalds type or Wal Mart will not exist as we know them in the not to far future. Large companies are disappearing at a rate faster than ever. Case in point. When your parents worked they most likely landed a job and stayed there for 25-50 years received a pension and then relaxed. 75 years ago the average life span of a Fortune 500 company was in the neighborhood of 60-100 years. Now a days the average life span of the same company is less than 20 years and shrinking! Why? Because we are learning at a faster rate now than at anytime in history. When you want to improve something in business you take the model and change it. This is exactly what entrepreneurs are doing in 2018! They are taking existing company ideas and changing them so fast that the old companies cant keep up and they are being obsolete. Another case in point Kodak film...you remember it im sure. Well Kodak as you remember it isnt making film anymore ...why? because nobody really uses film . They use their phone to capture images, Anyway Kodak went bankrupt because its model was flawed. Years later they reemerged and reinvented themselves. Real Estate companies will disappear as people really have no need for these. People will simply select the home they are looking for via the web and take a virtual tour, not simply see a 5 minute video that is on a Re Max website. Cars will be drive by AI and there will be no need for gasoline as most of our energy in the future will be derived form Solar. Speaking of Solar...think about this... most of the hottest most barren areas of the Earth are also the poorest...this will change in the not so distant future as these areas will become massively undervalued. We need these places to absorb Solar energy and run our planet.

not sure I follow your Real Estate comment. You can take a tour now online. Who would buy a home to live in without actually going there?

dav168 · Apr 18, 2018

Extinct predictions- campbells soup, sears, tootsie roll industries
forever predictions- Colgate palmolive, Nestle, Vail Resorts

seldomseen · Apr 18, 2018

Yea I don't think realtors are going away any time soon. They serve a bigger function to prospective home buyers than just showing houses. I think the proclivity to job hop is much more related to the evolution of the stock market than anything else.

5teamparlay · Apr 18, 2018

Look at the failure of Playboy

Extinct predictions- therx

Forever predictions- Budweiser,

PatsFan1283 · Apr 18, 2018

seldomseen said:
Yea I don't think realtors are going away any time soon. They serve a bigger function to prospective home buyers than just showing houses. I think the proclivity to job hop is much more related to the evolution of the stock market than anything else.

Yeah, it's a comfort level thing. Biggest financial decision most people ever make, they need to be massaged and prodded into it and have their view it is a good decision reinforced. It's just not the type of thing that can become obsolete.

DoublePlayBall · Apr 18, 2018

Fun store to buy/shop now and then (with the coupon)..I hope they survive.

DoublePlayBall · Apr 18, 2018

Hache Man said:
With longtime stores like Kmart, ToysRus, and others coming to their sad ends, what other popular companies might we see become extinct in our lifetime?

Also, which seem like they will last forever?
Example: McDonalds

Mcdonald's is in China, I think not certain...So they will survive!

seldomseen · Apr 18, 2018

PatsFan1283 said:
Yeah, it's a comfort level thing. Biggest financial decision most people ever make, they need to be massaged and prodded into it and have their view it is a good decision reinforced. It's just not the type of thing that can become obsolete.

In part largely on the seller side too. Access to marketing material and ability for showing I would think is probably the biggest component. Unfortunately I deal with these assholes all day. Affluent clients who don't take or have the time and your lower level clients who aren't knowledgeable and want that re-assurance.

But since the topic is on companies becoming obsolete I get the vast expansion of technology and the need to keep up with it. I think really the bigger part is company values have shifted over time. It's really no longer about the employees or really even the company itself. It's how do you maximize profits for shareholders, board members, and the execs. Not an expert on the subject but I imagine it's much easier to liquidate parts of the business than it was in our parent's time. Hell I'm working on getting my foot in the door for my 3rd new job in the last 7 years.

DoublePlayBall · Apr 18, 2018

seldomseen said:
In part largely on the seller side too. Access to marketing material and ability for showing I would think is probably the biggest component. Unfortunately I deal with these assholes all day. Affluent clients who don't take or have the time and your lower level clients who aren't knowledgeable and want that re-assurance.

But since the topic is on companies becoming obsolete I get the vast expansion of technology and the need to keep up with it. I think really the bigger part is company values have shifted over time. It's really no longer about the employees or really even the company itself. It's how do you maximize profits for shareholders, board members, and the execs. Not an expert on the subject but I imagine it's much easier to liquidate parts of the business than it was in our parent's time. Hell I'm working on getting my foot in the door for my 3rd new job in the last 7 years.

I hear ya, not a stock guy... But would like to know if; Bed Bath and Beyond is owned by someone else... Just my opinion, they seem to be doing okay in the area, but no real idea. (Just kinda like the store)

HacheMan · May 22, 2018

Well i can see why ToysRUs is going under.

About 3 months ago the local store announced it's closing & started off with a mere 10% of everything in the store.

It's been a lousy 10% until just a week ago when they upped it to 20%.

Haven't they spent more money on all of the employees for 3 months than they're saving being tightwads vs just blowing everything thing out at 25-50% to begin with???:think2:

hno:^<<^

SonnyBoy · May 22, 2018

Hache Man said:
Well i can see why ToysRUs is going under.

About 3 months ago the local store announced it's closing & started off with a mere 10% of everything in the store.

It's been a lousy 10% until just a week ago when they upped it to 20%.

Haven't they spent more money on all of the employees for 3 months than they're saving being tightwads vs just blowing everything thing out at 25-50% to begin with???:think2:hno:^<<^

My guess is it has something to do with their lease so they had to stay there

Ladeda · May 22, 2018

Hache Man said:
Well i can see why ToysRUs is going under.

About 3 months ago the local store announced it's closing & started off with a mere 10% of everything in the store.

It's been a lousy 10% until just a week ago when they upped it to 20%.

Haven't they spent more money on all of the employees for 3 months than they're saving being tightwads vs just blowing everything thing out at 25-50% to begin with???:think2:hno:^<<^

That seems to be the status quo the last bunch of years. It used to be a store was closing you get great blowout deals. Not anymore. The sign says great deals but in reality it's just 10-20 % off until nothing good is left. The same thing recently with Sports Authority, Gander Mountain, GolfNow. There are no great blowout deals to be had.

I think it's handled by liquidation firms, not Toys' R' US per se. Thats just the way it's done now it seems.

Mr_Mark · May 22, 2018

Taco Bell seems to be booming, reminds me of the movie Demolition Man

Best Buy will probably fall within the next decade

HacheMan · May 22, 2018

Ladeda said:
That seems to be the status quo the last bunch of years. It used to be a store was closing you get great blowout deals. Not anymore. The sign says great deals but in reality it's just 10-20 % off until nothing good is left. The same thing recently with Sports Authority, Gander Mountain, GolfNow. There are no great blowout deals to be had.

I think it's handled by liquidation firms, not Toys' R' US per se. Thats just the way it's done now it seems.

Yep...By the time you deduct only 10-20% at Toysrus, you're simply getting the toys for the same price you'd have gotten them at Wal-Mart :think:

5teamparlay · May 22, 2018

yellow cab

needs to change biz model

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