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Where You Won't Shop by Next Year
Topic Started: Jan 23 2009, 09:54 AM (1,988 Views)
Belpowerslave
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http://finance.yahoo.com/family-home/article/106466/Where-You-Won%27t-Shop-in-2009

Motherfuckers going down.

Bel
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Belpowerslave
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Even more:

http://finance.yahoo.com/news/15-Companies-That-Might-Not-usnews-14279875.html

Was glad to see that Sbarro(nasty), Blockbuster and Krispy Kreme(am I the only one who thinks they are seriously overrated?) might be on their way out.

Bel
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DarcSeven
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I'm gonna sing the DOOM Song.
Suprised with Blockbuster, I didn't see that coming. Krispy Kreme going down makes me happy though. Ever since they got popular a few years back, it was suprisingly difficult to find good doughnuts. Well... as in I had to actually look for a good doughnut place. :)
Just call me Steve. ;)
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sheath
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I have been, and remain, non-sequitur
Ah blockbuster, sweet blockbuster. The bastards that never carried a Sega Master System, didn't carry the Genesis until 1991, and carried the SNES a month before launch. The bastards who charged us *$70* for "The Firm" because an employee stole the store copy after I personally returned it. The bastards that lost a class action lawsuit for unjust late rental fees. The bastards that told me not to buy a Dreamcast, in two locations locally, because the PS2 would launch in December of 1999 and "completely blow the Dreamcast away". Oh yes, I'm going to enjoy seeing you go.
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sheath
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This is about as big of a win for the consumer world as seeing Sony or Microsoft post the same.

http://www.gamesindustry.biz/articles/blockbuster-seeks-bankruptcy-advice-as-shares-are-suspended

Blockbuster seeks bankruptcy advice as shares are suspended

US retail and rental giant Blockbuster is seeking advice on bankruptcy following the New York Stock Exchange's decision to suspend trading.

According to a report by Bloomberg, bankruptcy specialist Kirkland & Ellis is looking into options which may include "pre-arranged bankruptcy," where restructuring work is completed out of court.

"We’ve hired them for refinancing and capital raising initiatives," Karen Raskopf, a Blockbuster spokeswoman, told Bloomberg. "We do not intend to file for bankruptcy."

The company had planned to fund its own operations throughout 2009 after two credit facilities expired last August, said Raskopf.

Shares in the firm dropped as much as 86 per cent yesterday before the NYSE halted trading.

Blockbuster has more than 7500 stores in the US, Europe, Australia and Asia. The company offers movie and videogame rentals, and has faced increasing competition with the growth of web-based services such as Netflix.
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Belpowerslave
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Sounds good...though I will miss their clearance game sales. Picking up stuff like GTAIV for $15 just can't be beat...

Bel
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sheath
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http://www.gamesindustry.biz/articles/blockbuster-to-close-up-to-960-outlets-by-2010-end

Blockbuster has revealed plans to close up to 960 of its retail stores by the end of 2010 in a move it hopes will "improve four-wall profitability".

According to a SEC filing it plans to close unprofitable stores, which account for 18 per cent of Blockbuster's more than 7000 outlets.

The company will close 280-300 stores as part of 'normal closures' this year, then add additional stores to an 'accelerated closures' category to be shuttered by the end of the year. This total will amount to 300-385 locations.

2010 will see 100-125 normal closures for the retail chain, and 130-150 accelerated closures. By the end of 2010, the company expects to have closed 810-960 retail outlets.

"All these stores are candidate stores," spokesperson Randy Hargrove told CNet of the move. "Although we may in fact close that many stores, if we can renegotiate leases or remodel stores to make them more profitable, that number might go down."

In addition to the store closures, Blockbuster also indicates it has 275-300 stores subject to the company's "lease mitigation/termination efforts". Another 250-300 could also be converted into outlets, bringing the possible number of rental outlets that could be closed up to 22 per cent of all its stores.

The company's kiosk business however is expected to grow, and in a separate filing with the SEC it reports it has 497 kiosk units available to US customers which it hopes to grow to 2500 by the end of 2009 and 10,000 by mid-2010.

Kiosks will help the company turn a corner, said Hargrove, who points out that even though some stores will close, these will "increase the points of distribution, thus getting our product in front of more people. This whole plan is part of a multiplatform strategy to get those additional points of distribution."
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Belpowerslave
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They're getting their asses handed to them by the growing amount of people going to digital downloads, either illegal(bittorrent) or legit(Netflix). It's their own fault...they should have been the ones pioneering it, not trying to catch up. This is what they get though, for being the monopolistic asses they are. That Netflix 360 deal really helped out...and now that it can even be used on some Blu-Ray players, plus the box you can rent from Netflix, it's just going to tear BB's ludicrous pricing model to shreds.

I'll be happy to see them go...

Bel
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Belpowerslave
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More coming...

http://finance.yahoo.com/tech-ticker/article/336235/Ten-Big-Companies-That-Are-Veering-Toward-Bankruptcy?tickers=AMD,LVS,S,M,GT,MYL,HTZ

Despite being an Intel guy....I am *not* happy to see AMD on there....:(

Bel
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sheath
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I have been, and remain, non-sequitur
If AMD goes down, PCs go down.
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Belpowerslave
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I don't know about that...you've got to remember than Intel has a much larger market share, it's not like it'll crash the industry or anything like that. Intel will most likely buy them out or something.

Bel
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sheath
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I have been, and remain, non-sequitur
Every time I have bought parts for a new machine I have weighed the price versus performance for chips from Intel and AMD. Knowing full well that most of the industry caters to Intel I have tried to find even the slightest benchmark edge that would justify the exorbitant pricing of Intel CPUs. I have always failed to justify the extra expense and plenty of other small time computer builders agree with me. If AMD goes down, Intel reigns supreme with the incredibly manipulative big name PC manufacturers and PCs as we currently know them cease to exist.
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Belpowerslave
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I don't know...I'm on the opposite end of that...even though charts will show AMD chips beating Intel stuff, I've yet to see one in the real world that actually does it. Seems like all of the AMD chips I've run in to are sluggishly slow compared to the Intel line...and then throw in the issues that some software has with AMD and it has me sticking with Intel.

I've never bought a processor by itself, except for that one for my laptop, so I can't really comment on the price differences other than mentioning that I've heard that AMD is cheaper(never looked in to it).

To me, whatever extra cost Intel wants...it seems like it's worth it.

I doubt AMD will actually go under, it just may be a while before they start turning a steady profit. They bought ATI, so that's gotta bring in some steady cash, they just need to try to get their stuff in to more of the mainstream computers.

What I find odd is this:

The hardcore computer guy will tell you AMD is better than Intel...and then tell you that Nvidia is better than ATI...yet AMD bought ATI instead of Nvidia. What the fuck?

Bel
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sheath
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I have been, and remain, non-sequitur
That is a funny little coincidence. AMD processors have consistently out performed Intel CPUs in the same class, and they are anywhere from 1/2 to 1/4th the price of the comparable Intel CPU. For the average system builder going AMD is a no brainer. I'm really not kidding here, every time I've bought new hardware I've compared benchmark results and then checked prices. For the Intel chip in the same class I'd pay $160-$240 in comparison to $60-$90 for the technically superior AMD chip.

As for the real time performance, I haven't noticed any difference between Intel and AMD in regular Windows apps, even in video editing. It has only been in small time developer's programs or homebrow/emulators that I've run into a problem. Even then, the difference in performance is negligible. I griped for a while about Mame, but based on your description the sound skipping issues I'm having is no different on your system, it just bothers me more. So yeah, the issue is paying more than double for Intel when almost everything is equal or better on AMD.
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LoneCrusader
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The other pallet swapped ninja
AMD stuff is way cheaper than Intel now, the last two PC's my dad built are AMD based. AMD also seems to have a habit of sticking with a socket type longer, so that your upgrade potential is better. AMD was kind of late to the market with a decent laptop CPU, and still doesn't really have a server platform, kind of keeping them down and out of the business market.

AMD merged with ATI, which is doing pretty well still, so I don't see AMD really going under any time soon.
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Belpowerslave
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http://finance.yahoo.com/career-work/article/108045/top-15-franchise-failures;_ylt=AoHZwPJInfLbsPIHIYWOUMKCfNdF?mod=career-selfemployment

Number 11 makes me smile...

Bel
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Belpowerslave
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http://shopping.yahoo.com/articles/yshoppingarticles/334/whos-closing-stores-in-2010/

Rock on, every single one of those fucking places listed *needs* to get the fuck out of here!

Bel
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David J.
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I live like 20-30 miles from the headquarters for Ritz Camera... the building has always been barren. I thought it was a massive Ritz Camera store! ;)

What the fuck? There are still KB Toys still around? They all got the fuck outta dodge here in the DC-Metro area. My ex's father was mighty pissed they closed, but those Toys 'R Us Holiday stores that opened in malls all around, and looked like KB Toys. I think TRU should have bought them out. So glad Circut City went under. Never really liked them, or shopped there. I saw the writing on the wall years ago when one opened right below the Best Buy in the Carousel Mall in Syracuse, NY, and there is one that closed about five miles from the Ritz Camera HQ... ain't that a B.
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sheath
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I have been, and remain, non-sequitur
Oh yeah, this makes me happy. Now if Sony, MS, Intel, Apple, Namco, EA, and Activision would follow suit...

http://www.gamesindustry.biz/articles/2010-09-23-blockbuster-officially-files-for-bankruptcy-in-us

Blockbuster has filed for chapter 11 bankruptcy protection in the US in an effort to stem out of control debts and allow for restructuring.

None of Blockbusters' operations outside the US will be affected as they operate as legally separate business entities. Blockbuster UK was recently said to be in "very good shape" by its management, and saw an 18 per cent rise in profits during 2009.

A recapitalisation program is expected to cut Blockbuster's debt from nearly $1 billion (£638m) to a more manageable $100 million (£63.8m).

Normal business will continue across the company's portfolio in the US, with stores, online and kiosks remaining open and operational. There are currently no plans to close any of the 3000 stores in the US in the near future, said the company.

"After a careful and thorough analysis, we determined that the process announced today provides the optimal path for recapitalising our balance sheet and positioning Blockbuster for the future as we continue to transform our business model to meet the evolving preferences of our customer," said Blockbuster CEO Jim Keyes.

"The recapitalised Blockbuster will move forward better able to leverage its strong strategic position, including a well-established brand name, an exceptional library of more than 125,000 titles, and our position as the only operator that provides access across multiple delivery channels - stores, kiosks, by-mail and digital."

The company has secured $125 million (£80m) from senior creditors to ensure obligations to customers, suppliers and employees are met during the recapitalisation process.
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Belpowerslave
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http://news.yahoo.com/s/nm/20101227/media_nm/us_dvd;_ylt=AqDEnxYF3555qO8mWnfcbUxxFb8C;_ylu=X3oDMTJiMTlqNHNhBGFzc2V0A25tLzIwMTAxMjI3L3VzX2R2ZARwb3MDMwRzZWMDeW5fYXJ0aWNsZV9zdW1tYXJ5X2xpc3QEc2xrA25ldGZsaXhhbmRyZQ--

Gotta love it...

Bel
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