August 2019

What Happened to Toys R Us: The Decline When Toys R Us filed for bankruptcy in September of 2017, shock was the overriding feeling that swept across the business community worldwide. No one could believe that such a behemoth, a giant in retail, could end up the way it did. Toys R Us was arguably…

What Happened to Sears: The Decline Sears was once one of the country’s biggest retail chain, with stores all over the country and with numbers and sales that could rival any business around. Having been in operation for more than century, they had enjoyed tremendous success when they were in their prime, even introducing and…

What Happened to Redbox: The Decline It may seem like a lifetime ago, but there was a time where VHSs and DVDs were at the top of the video content and movie industry. During this era, there were lots of VHS and DVD rental stores all across the country where one would go over to…

What Happened to RadioShack: The Decline It is always a sad day when companies with illustrious histories go under, and that was the case when RadioShack filed for Chapter 11 protection under U.S bankruptcy law in February of 2015. With over 90 years of history behind them, it was sad to see what was once…

What Happened to Quiznos: The Decline In 2014, when Quiznos announced that it had filed for bankruptcy, it represented a massive fall from grace from what was a not too long ago, a very successful business. Quiznos was a sandwich chain that had tremendous success in the late 90’s and the early noughties. In fact,…

What Happened to Pan Am: The Decline Pan American Airways, commonly referred to as Pan Am, was an absolute behemoth in the air travel industry, and was the largest international air carrier in the United States from when it was founded in 1927 up to when it folded and collapsed in early December of 1991.…

What Happened to Kodak: The Decline Founded by George Eastman and Henry Strong way back in 1888, The Eastman Kodak company, or Kodak, as it simply is known as, has to be up there among the most revolutionary companies ever started in history. It was the undisputed leader in the photography industry for majority of…

What Happened to JCPenney: The Decline JCPenney was once one of America’s most beloved retail stores and it was once the go-to store for most households in the country. Everything about the store was very enchanting for most Americans from the story of the founder, one James Cash Penney, to how he went to train…

What Happened to iHeartMedia: The Decline You can’t talk radio in the US and not mention iHeartMedia, which is probably the largest commercial radio conglomerate not only in the US but in the world. This is because, as a conglomerate, it has about 850 radio stations in its stable, an impressive number to say the…

What Happened to Gibson: The Decline You don’t have to be a guitar player or even be musical to have heard about Gibson, which was the world’s most iconic guitar brand. Their name was pretty much synonymous with guitars and if you typed in the word “Guitar” into your search engine, then chances are most…