Thread Rating:
02-09-2009, 09:02 PM
Chrysler is, in fact, in big trouble. Most of the auto companies are hurting bad right now.
An example. Berea had several used dealerships, but only two new car dealerships. Both Berea Ford and Britton Chevrolet in Berea have gone out of business.
I find the list believable, because those are some businesses hit hard by these economic times. The real estate company(s) on there should be no surprise to you because no one can buy a house right now.
The company(s) like Claire's, Sbarro, etc. shouldn't surprise you either. Those are, for the most part, stores that thrive in shopping malls. With the economy the way it is, less and less people are going to the mall, and if they do, they aren't spending it on unnecessary things.
Krispy Kreme is no surprise either. Donuts are a luxury...they are not necessary to live despite what some may think. Right now, people are allocating their money to necessities and staying away from purchases that are luxuries.
An example. Berea had several used dealerships, but only two new car dealerships. Both Berea Ford and Britton Chevrolet in Berea have gone out of business.
I find the list believable, because those are some businesses hit hard by these economic times. The real estate company(s) on there should be no surprise to you because no one can buy a house right now.
The company(s) like Claire's, Sbarro, etc. shouldn't surprise you either. Those are, for the most part, stores that thrive in shopping malls. With the economy the way it is, less and less people are going to the mall, and if they do, they aren't spending it on unnecessary things.
Krispy Kreme is no surprise either. Donuts are a luxury...they are not necessary to live despite what some may think. Right now, people are allocating their money to necessities and staying away from purchases that are luxuries.
[SIGPIC][/SIGPIC]
Messages In This Thread
15 Companies That Might Not Survive 2009 - by NEWARKCATHOLICFAN - 02-09-2009, 10:30 AM
15 Companies That Might Not Survive 2009 - by Stardust - 02-09-2009, 12:19 PM
15 Companies That Might Not Survive 2009 - by Magicjefferson25 - 02-09-2009, 06:59 PM
15 Companies That Might Not Survive 2009 - by NEWARKCATHOLICFAN - 02-09-2009, 08:36 PM
15 Companies That Might Not Survive 2009 - by Magicjefferson25 - 02-09-2009, 08:48 PM
15 Companies That Might Not Survive 2009 - by NEWARKCATHOLICFAN - 02-09-2009, 08:54 PM
15 Companies That Might Not Survive 2009 - by Magicjefferson25 - 02-09-2009, 09:00 PM
15 Companies That Might Not Survive 2009 - by NEWARKCATHOLICFAN - 02-09-2009, 09:01 PM
15 Companies That Might Not Survive 2009 - by ComfortEagle - 02-09-2009, 09:02 PM
15 Companies That Might Not Survive 2009 - by thetribe - 02-09-2009, 09:22 PM
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