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15 Companies That Might Not Survive 2009

  1. #26
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    Re: 15 Companies That Might Not Survive 2009

    Quote Originally Posted by R7 View Post
    If there were a few other major companies on that list, we may start to see the light...Wallmart, Target, Home Depot, Lowes to name a few.

    Can you say Depression? Get used to it
    Walmart is the only place turning a profit in this economy, buisness is continuing to grow there in the face of the downturn. Thing about consumers is, they always consume...they just consume less, and at the lowest price around.

    I wouldn't mind seeing HD and Lowes duke it out, they both piss me off.

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    Re: 15 Companies That Might Not Survive 2009

    Quote Originally Posted by ultraTwist View Post
    VW??? I thought they were one of the few car companies doing fine. I also heard Honda was one of the few expected to be in the balck this year.
    Honda is readjusting production to suit needs, but even their on-lot inventory is growing...time will tell.

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    Re: 15 Companies That Might Not Survive 2009

    Quote Originally Posted by ssg View Post
    Walmart is the only place turning a profit in this economy, buisness is continuing to grow there in the face of the downturn. Thing about consumers is, they always consume...they just consume less, and at the lowest price around.

    I wouldn't mind seeing HD and Lowes duke it out, they both piss me off.
    McDonalds is UP! Dollar menu is making friends everywhere!

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    Quote Originally Posted by ssg
    Quote Originally Posted by R7 View Post
    If there were a few other major companies on that list, we may start to see the light...Wallmart, Target, Home Depot, Lowes to name a few.

    Can you say Depression? Get used to it
    Walmart is the only place turning a profit in this economy, buisness is continuing to grow there in the face of the downturn. Thing about consumers is, they always consume...they just consume less, and at the lowest price around.

    I wouldn't mind seeing HD and Lowes duke it out, they both piss me off.
    Mickey D's as well. Seeing some good sales growth considering.

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  5. #30
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    Re: 15 Companies That Might Not Survive 2009

    Walmart up here is in phase 2 The harvest...

    Casually compared 6 items with good supermarket 10 miles in other direction

    Walmart was 5 to 7% higher on all.... They had driven local guy out.

    Their IT department gives them the power to price by any factor

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  6. #31
    Nat Pixon! noxin's Avatar
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    Re: 15 Companies That Might Not Survive 2009

    Quote Originally Posted by ssg View Post
    Walmart is the only place turning a profit in this economy, buisness is continuing to grow there in the face of the downturn. Thing about consumers is, they always consume...they just consume less, and at the lowest price around.

    I wouldn't mind seeing HD and Lowes duke it out, they both piss me off.
    You realize they're the same parent company right? Those two and Home Expo (which i think I heard is closing all their stores)

    That's why you don't see a HD in the same area as a Lowes usually.

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  7. #32
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    Re: 15 Companies That Might Not Survive 2009

    Quote Originally Posted by noxin View Post
    You realize they're the same parent company right? Those two and Home Expo (which i think I heard is closing all their stores)

    That's why you don't see a HD in the same area as a Lowes usually.
    Just checked some sources to verify and found this on Snopes.

    http://www.snopes.com/business/revenge/lowes.asp

    Lowe's and Home Depot are (according to this anyway) not the same parent company, which I didn't think was the case, as I have experienced many places that have both Lowe's and HD, and many times within a mile or two. Concord, NH and Claremont, NH (Lowe's is going in next door to HD) are the two that immediately spring to mind.

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  8. #33
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    Re: 15 Companies That Might Not Survive 2009

    They are building a Lowes across the street from HD in Jewett City, CT

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  9. #34
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    Re: 15 Companies That Might Not Survive 2009

    As much as you may dislike HD or walmart they are HUGE employers in this country. I think walmart may even be number 1 worldwide??

    If some of these big chains go under we will all suffer the consequences of more folks out of work. Its bad for everyone.

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  10. #35
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    Re: 15 Companies That Might Not Survive 2009

    There is a Lowe's less than a minute from a HD in Danvers.

    Also on topic FUCK BoA. They are a garbage company who likes to pound it in their customers asses. I use credit unions. Have since day 1 in the USAF and haven't stopped. Except a 2 year stint that my ex wanted to use BoA and I wanted to puke the whole time.

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  11. #36
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    Re: 15 Companies That Might Not Survive 2009

    allot of my favs goin down the drain there, but on the brightside my company was actualy listed as p0wn1ng another clothing store chain, TJX ftw.

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  12. #37
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    Re: 15 Companies That Might Not Survive 2009

    Its Walmart and HD's dark heart that stops US Government from
    going after China currency manipulations and world trade violations

    this is what is really under the USA current economic woes

    Funny our bought politicians are giving away more money to buy China stuff

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  13. #38
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    Re: 15 Companies That Might Not Survive 2009

    Quote Originally Posted by Manny View Post
    As much as you may dislike HD or walmart they are HUGE employers in this country. I think walmart may even be number 1 worldwide??

    If some of these big chains go under we will all suffer the consequences of more folks out of work. Its bad for everyone.
    True, they do create a lot of jobs, lots of good $7-$8 per hour jobs. For every 7-8 buck an hour job they create, 2 other people making just enough to live a normal life loses his/her job because wallmart can import from china the same product (though MUCH less quality) for half the cost.
    There's only one way to restore the american economy, buy what's made in the USA. The governement can pump all the money they want into whatever they "think" will stimulate this mess we are in. People need to get a clue and realize that "made in the USA" is the only way we are going to create jobs and rebuild our economy.
    Sadly it's going to take a Depression for Americans to realize this, and Americans will realize this sooner than later

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  14. #39
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    Re: 15 Companies That Might Not Survive 2009

    Quote Originally Posted by R7 View Post
    True, they do create a lot of jobs, lots of good $7-$8 per hour jobs. For every 7-8 buck an hour job they create, 2 other people making just enough to live a normal life loses his/her job because wallmart can import from china the same product (though MUCH less quality) for half the cost.
    There's only one way to restore the american economy, buy what's made in the USA. The governement can pump all the money they want into whatever they "think" will stimulate this mess we are in. People need to get a clue and realize that "made in the USA" is the only way we are going to create jobs and rebuild our economy.
    Sadly it's going to take a Depression for Americans to realize this, and Americans will realize this sooner than later
    Behold the rebirth of the Farmer's Market and local grocery store

    Too bad it's cheaper to get stuff from overseas, and when people don't have jobs, cheaper is better.

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    Re: 15 Companies That Might Not Survive 2009

    Quote Originally Posted by R7 View Post
    True, they do create a lot of jobs, lots of good $7-$8 per hour jobs. For every 7-8 buck an hour job they create, 2 other people making just enough to live a normal life loses his/her job because wallmart can import from china the same product (though MUCH less quality) for half the cost.
    There's only one way to restore the american economy, buy what's made in the USA. The governement can pump all the money they want into whatever they "think" will stimulate this mess we are in. People need to get a clue and realize that "made in the USA" is the only way we are going to create jobs and rebuild our economy.
    Sadly it's going to take a Depression for Americans to realize this, and Americans will realize this sooner than later
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    Re: 15 Companies That Might Not Survive 2009

    The irony is I posted this about Walmart, and this morning they laid off 800 people @ corporate...but much like any organization, there is no better time to lose weight than when the pickings are slim.

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  17. #42
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    Re: 15 Companies That Might Not Survive 2009

    Quote Originally Posted by noxin View Post
    You realize they're the same parent company right? Those two and Home Expo (which i think I heard is closing all their stores)

    That's why you don't see a HD in the same area as a Lowes usually.
    Do you travel much? I am in PA right now and there is a Lowes and Home depot about 3 blocks from each other. Tilton NH has them about half a mile from each other. Unfortunately I have to use them a lot since they drive the smaller companies out of business and they are almost always near each other. They are each others compitetion and its a good thing or they could monopolize an area.

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  18. #43
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    Re: 15 Companies That Might Not Survive 2009

    I do believe I said usually.

    And just because they're close to each other doesn't mean they aren't servicing different market areas.

    There's a HD in Assembly Square in Somerville, then another over the river in the Gateway Mall in Everett. You literally have line of sight between the two HDs.

    Anyways, it was snoped and my statement was false.

    In the news today, Sirus XM filed for Bankruptcy.

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  19. #44
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    Re: 15 Companies That Might Not Survive 2009

    I used to travel to work passed an intersection. They were building thousands of homes around here and in 3 years the commuting traffic had more than doubled to a constant stream of cars morning and night.

    SO I thought ....Wow a great place for a gas/convenience store.

    I proposed this to 3 banks basically they all said NO but would have lent money for the 4th station on a corner. They Could not know if a new location was successful but would believe you would get 1/4 of the business as the 4th station.

    This is the logic that gets Lowes and HD together and Target and Walmart etc.

    This is also a reason its almost impossible to get financing for a new production. You can NOT guarantee to computers or worse beancounters that you will be successful.

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