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Other => General Discussion => Topic started by: Mike M on February 13, 2009, 10:20:54 AM

Title: Companies that may not survive in 2009
Post by: Mike M on February 13, 2009, 10:20:54 AM: Found an interesting article about companies that may not survive this year if the economy continues to worsen. They include Rite Aid, Blockbuster, Six Flags, and even Sirius/XM Radio!

http://www.myfoxphilly.com/dpp/news/consumer/dpgo_what_companies_wont_survive_20092144515 (http://www.myfoxphilly.com/dpp/news/consumer/dpgo_what_companies_wont_survive_20092144515)
Title: Re: Companies that may not survive in 2009
Post by: Gil on February 13, 2009, 10:24:50 AM: I love Krispy Kreme. :(
Title: Re: Companies that may not survive in 2009
Post by: tpirfan28 on February 13, 2009, 10:34:06 AM: Sbarro and Krispy Kreme are the only ones I've been to.

I wouldn't mind.
Title: Re: Companies that may not survive in 2009
Post by: Tyler on February 13, 2009, 10:55:14 AM: Rite Aid could survive... if it didn't spend so much money acquiring Eckerd (all the Eckerd around here switched to Rite Aid early last year). :whistling:
Title: Re: Companies that may not survive in 2009
Post by: Localonthe8s on February 13, 2009, 12:25:24 PM: I love Sbarro!! That's not good if they shut down...and Six Flags?!
Title: Re: Companies that may not survive in 2009
Post by: Jonathan on February 13, 2009, 03:03:17 PM: It's the government's fault. :no:

I seriously think Bush tried to screw us up badly before Obama took office...

And I friggin love Krispy Kreme and Sbarro!
Title: Re: Companies that may not survive in 2009
Post by: Squizz on February 13, 2009, 05:20:01 PM: Krispy Kreme left the whole state of Arizona because of overupgrading. Dunkin' Donuts then chimed in and built new stores. Actually, Krispy Kreme came back in Arizona near the mall by my house. It took some pizza place. It's only drive up, you can't eat in, but they do have tables outside that you can eat. It's like Sonic in a way if you guys have them.
Title: Re: Companies that may not survive in 2009
Post by: TWCToday on February 13, 2009, 06:10:30 PM: Quote from: 7oa on February 13, 2009, 03:03:17 PM
I seriously think Bush tried to screw us up badly before Obama took office...
Sure :rolleyes:

Quote from: Tyler on February 13, 2009, 10:55:14 AM
Rite Aid could survive... if it didn't spend so much money acquiring Eckerd (all the Eckerd around here switched to Rite Aid early last year). :whistling:
I know. I was against that move. Now there are two Rite Aids (one former Eckerd) less than 1000ft or so apart from each other. Its crazy and just stupid
Title: Re: Companies that may not survive in 2009
Post by: Mike M on February 13, 2009, 07:01:48 PM: Yeah, I'd say there are at least 10-15 RiteAids within an hour from my house. There wasn't even half that amount before they took over all the Eckerds here in mid 2007.
Title: Re: Companies that may not survive in 2009
Post by: Localonthe8s on February 13, 2009, 07:04:26 PM: We had Eckerd. Now there's 2 RiteAids within 2 blocks of each other. Eckerd was a good pharmacy though...
Title: Re: Companies that may not survive in 2009
Post by: Zach on February 13, 2009, 07:30:05 PM: Quote from: Localonthe8s on February 13, 2009, 07:04:26 PM
We had Eckerd. Now there's 2 RiteAids within 2 blocks of each other. Eckerd was a good pharmacy though...
Eckerd's still around? :huh:

They were bought out by CVS in 2002 here. :P
Title: Re: Companies that may not survive in 2009
Post by: Tyler on February 13, 2009, 07:38:01 PM: Quote from: weatherfan95 on February 13, 2009, 07:30:05 PM
Eckerd's still around? :huh:

They were bought out by CVS in 2002 here. :P
Yeah. Eckerd was round here, until it was bought out by Rite Aid last year.

Quote from: Tyler on February 13, 2009, 10:55:14 AM
Rite Aid could survive... if it didn't spend so much money acquiring Eckerd (all the Eckerd around here switched to Rite Aid early last year). :whistling:
I know. I was against that move. Now there are two Rite Aids (one former Eckerd) less than 1000ft or so apart from each other. Its crazy and just stupid
[/quote]

We have a similar problem around here. On the corner of Saltsburg Rd/Leechburg Rd/McGregor Rd in Penn Hills, there is a CVS, Walgreens, and Rite Aid (formerly Eckerd). Ironically, the same trio exists at the intersection of Frankstown Rd (PA380) and Coal Hollow Rd, also in Penn Hills. :wacko:
Title: Re: Companies that may not survive in 2009
Post by: toxictwister00 on February 13, 2009, 07:39:59 PM: Quote from: Localonthe8s on February 13, 2009, 07:04:26 PM
We had Eckerd. Now there's 2 RiteAids within 2 blocks of each other. Eckerd was a good pharmacy though...

I forgot either one of those pharmacies existed, it's mainly CVS and Walgreens here.
Title: Re: Companies that may not survive in 2009
Post by: TWCToday on February 13, 2009, 09:36:40 PM: Quote from: Tyler on February 13, 2009, 07:38:01 PM
We have a similar problem around here. On the corner of Saltsburg Rd/Leechburg Rd/McGregor Rd in Penn Hills, there is a CVS, Walgreens, and Rite Aid (formerly Eckerd). Ironically, the same trio exists at the intersection of Frankstown Rd (PA380) and Coal Hollow Rd, also in Penn Hills. :wacko:
Walgreens was famous in my area for building right across from an Eckerd. In a troubled economy, Im sure thats going to hurt one or both stores.

Anyone remember Revco? I recall the stores in my area went Revco ->Eckerd -> Rite Aid
Title: Re: Companies that may not survive in 2009
Post by: Mike M on February 13, 2009, 10:04:39 PM: I remember in the 1990's, all we had were mostly Drug Emporium and Eckerd stores. By 2001, lots of CVS's and Walgreens started popping up, which caused Drug Emporium and later Eckerd to suffer.
Title: Re: Companies that may not survive in 2009
Post by: jtmal0723 on February 13, 2009, 10:31:15 PM: Didn't Drug Emporium go out of business?
Title: Re: Companies that may not survive in 2009
Post by: Mike M on February 13, 2009, 10:38:30 PM: Quote from: jtmal0723 on February 13, 2009, 10:31:15 PM
Didn't Drug Emporium go out of business?
Yeah, they were acquired by some other company in the early 2000s and all of the stores closed by the end of 2003.
Title: Re: Companies that may not survive in 2009
Post by: Localonthe8s on February 13, 2009, 10:42:14 PM: Oh I know that one. I also remember Duane Read, the most common pharmacy chain in the NYC metro. There still in business though surprisingly.
Title: Re: Companies that may not survive in 2009
Post by: Squizz on February 13, 2009, 10:45:36 PM: We have CVS and Walgreens but not Eckerd.