Familiar automobile manufacturers that were presented included Pontiac and Saturn. With nearly 20 years of production, Saturn had a reputation for manufacturing smaller, compact vehicles. Unfortunately, it appears that current buyers are more apt to purchase SUV's, etc. I recall my brother owning a Saturn barely a few years ago. On the other hand, Pontiac initiated production in the 1920's. Popular automobiles such as the Pontiac GTO and Firebird have existed for decades, and though I rarely notice them publicly these days, I recall high school girls being nearly obsessed with owning a Pontiac convertible. Apparently, both name brand automakers will conclude business in 2010.
I vividly recollect the days I would scavenge through Best Buy departments in search of role-playing PC games and fail to attain such. Of course, my next option involved Circuit City. As I admit that my interests care slightly for electronics, I am unable to judge which company was indeed more promising. However, it a shame that free competition is slowly diminishing and concluding with less market options. The chain that has existed for roughly 6 decades has officially declared bankruptcy. Apparently, poor decision making and opposing competitors such as Wal-Mart and Best Buy are responsible for such events.
Though the final business I included among these companies is of little concern to me, my mother will be deeply depressed to hear the news. Gourmet magazine, which was introduced to subscribers nearly 70 years ago, has also suffered under drastic economy conditions. With 1 million + subscribers, marketing and advertising has forced the magazine to reconsider the option to continue publishing. The magazine always provides insight to cooking and popular recipes. As previously mentioned, I have yet to subscribe to Gourmet in my 24 years of life; however, another successful magazine that will conclude business, and that I deeply regret to see close, is National Geographic Adventure. Though I was never a subscriber, I indulged in such reading material as I waiting in public locations for appointments, etc. It is very unfortunate. Are there any other popular companies that are considering pulling the plug?
Published by Greg Seltz
Looking to stand out...to create flawless forms of art that are appreciated by all personalities...to be noticed, gain publicity, and have the heavens rain gold in my back yard. View profile
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5 Comments
Post a CommentGreat reporting! It sure is rough times.
It's the vanishing car brands that bugs me out the most....Pontiac made some good cars. The latest casualty is Saab. It's a boutique brand with quirkly electronics but they're kind of individualistic--if you can afford to fix them.
Good reporting on these latest victims of this economic period.
A shame these businesses have been a victim of economic downtimes... Great job reporting this news!
Some will be missed, and others not. I still miss My-T-Fine pudding!