15 companies that may fold in 2009

[QuantumPion]

Originally posted by: Genx87
Krispy Kreme: They are a marketing firm with a storefornt. They are able to generate a lot of hype that sells franchises but once it dies down so does sales. The last Krispy Kreme in MN closed 2 years ago after a huge opening in 2002.

Nooooooooooooo

I don't understand how they are doing poorly. Maybe because people are more health-conscious now.

 

[OrByte]

Can't say I will be sad to see Blockbuster go.

Blockbuster put my dad's video store out of business back in the day.

Back when my dad was stocking 30 copies of "Back to the Future III" Blockbuster was stocking 150 copies... :roll:

 

[aphex]

Originally posted by: Genx87
Sirius Radio: Hard to get people to pay for something that is essentially free. Sure it has better programming and you can listen to it across the country. But who cares? Apparently not a whole lot as it has never been profitable.

The issue is with the monumental debt the companies had to undertake in launching their business/satellites and paying for talent. Combined with the long drawn out merger and the upcoming deadlines on the debt, SiriusXM is in a tight spot.

It was slow to start, but SiriusXM has almost 20 million subscribers now (18.9 million in Q3 2008), so I wouldn't say that apparently not a whole lot of people care, nor that it is hard to get people to pay for something that's free.