| LIFE The worst decisions in business history. Go.
- Thread starter TerryP
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In the real world, reports say they've opened four times on Sundays. I only knew of one, when Hartsfield had a catastrophic loss of power, and CFA employees went to their HQ just a couple of miles from the airport. Fed 5,000, for free.
4 Times Chick-fil-A Has Opened on Sunday - Lifeway Research
Almost nothing can cause Chick-fil-A to open their doors on Sundays, but occassionally it's happened.
research.lifeway.com
Any decision, like new coke, gathers a ton of interest; however, you could argue that any decision yet the company survived doesn't make the list.
Bed, Bath & Beyond - got rid of name brands and went generic.
Blockbuster ignoring streaming.
Silicon Valley Bank ignored its funding concentration and liquidity risk.
Others made a series of mistakes to drive their companies in the ground. Retail is the most obvious, with K-mart, Sears, JC Penney and the list goes on.
The world is littered with Chapter 7-filing restaurant chains, some I really liked - Lone Star Steakhouse, Steak & Ale, Bennigans.
Bed, Bath & Beyond - got rid of name brands and went generic.
Blockbuster ignoring streaming.
Silicon Valley Bank ignored its funding concentration and liquidity risk.
Others made a series of mistakes to drive their companies in the ground. Retail is the most obvious, with K-mart, Sears, JC Penney and the list goes on.
The world is littered with Chapter 7-filing restaurant chains, some I really liked - Lone Star Steakhouse, Steak & Ale, Bennigans.
Yes sir.
I like the TV ads that were telling us all that the New Coke was the old coke, the Old Coke was the new one. Then the custom order a Pepsi.
The Pepsi taste test was one of the best marketing ploys I've seen.
Not really a bad business decision(s), but I think about the electronics boom of about 20 years ago... There were the plasma TV's that hit the market... and a good name brand 50" plasma was $10,000. But then they had the rear projection models that also went HD, and were cheaper, but still hefty in price (and weight). Wasn't too long that LCD tvs hit the market, followed by LED... now, you can get a 50" with a better picture than the $10,000 plasma for like 300 bucks. And the Blu-ray vs. HD-DVD format war? Companies battled each other for the lucrative high definition DVD market with Blu-Ray winning out, only for them to end up like a dinosaur anyway thanks to the boom of the digital media age.
I just saw it on Hannity. He was also talking about a new Bud Light ad with that guy in it.
Never watched his show. I am NOT a fan of people who start their argument with a resume." I have gun permit, I'm a martial artist."
Esau swapping his birthright to Jacob for a bowl of lentil stew. Well, you said history.
How about when K-Mart and Wal-Mart went to war on business in the 80’s and the “Blue Light Special” lost?
K-Mart was a little cocky after knocking off Zayre...
The things I didn't expect as a reply...but should have.
There used to be a Super-K just up the street from my house. They had a "meat market" that was the size of the store in "The Ferg" for Bama stuff...all meat. Just for the seafood. Live lobsters. There was a farmers market about a 1/4 mile down the street...didn't go more than two miles from my house for food.
To say "K-mart" and "great steaks" in the same sentence...but, it was true. K mart...had fresh seafood daily. Imagine that.
Excellent.
I was just gonna say Stroh's Beer changing their Logo.
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