Ten Brands That Will Disappear in 2012
Every year, the web site Wall Street 24/7 publishes a list of ten brands that are about to disappear. They're not always 100% right, considering last year they called for the demise of BP, Kia Motors, and Zales Jewelry.
Here's who they predict will shut down in 2011:
#1.) Sony Pictures. . . It used to be Columbia Tri-Star Pictures, and they'll probably sell it.
#2.) A&W . . . The root beer will survive, thank god, but the restaurants can't compete.
#3.) Saab . . . Do you know anyone who still drives one?
#4.) American Apparel . . . They expanded too fast, and their founder's a defendant in a bunch of sexual harassment lawsuits.
#5.) Sears . . . The failed merger of Sears and K-Mart means one brand has to go.
#6.) Sony Ericsson . . . It'll probably be folded into Sony.
#7.) Kellogg's Corn Pops . . . Breakfast got healthier. And Corn Pops ain't it.
#8.) MySpace . . . Who?
#9.) Soap Opera Digest . . . Well, there aren't any more soaps. So . . .