Time to pour a forty on the ground for some famous brands. It’s the annual product deathwatch from 24/7 Wall Street! Say goodbye in 2014 to:
- J.C. Penney: their identity crisis has been painful to watch, so America stopped watching.
- Nook: when was the last time a friend told you about their new e-reader, and it WASN’T a Kindle?
- Martha Stewart Living Magazine: a shame – she’s SO darn likeable!
- LivingSocial: Groupon ate their lunch – at 50% off!
- Volvo: the public has lost its taste for this Swedish meatball
- Olympus: adding to the list of single-use electronics killed by the smartphone.
- WNBA: this is still around?
- Leap Mobile: never heard of them, but apparently the last one standing in the game of mobile merger musical chairs.
- Mitsubishi Motors: heading to the scrap yard right behind Suzuki.
- Road & Track Magazine: the owner also publishes Car & Driver, and doesn’t feel the need for two titles anymore.
See any of your favorites here? Probably not – lack of popularity is a big issue here. Any brands you USED to use and then abandoned? Why did you leave? Was it me? It was me.
Anyway, much more cause & effect at the original article, so you know what to do!