10 Major Companies Facing Uncertain Futures

The circumstances for any business or company may change. And the company needs to adopt new ways to overcome the challenges. Common reasons any business fails are unsuccessful marketing, lack of funding, and ungrown infrastructure. They need to learn how to attract customers toward themselves and face the competition in the market. The companies need help in standing out in the market. And face serious cash flow problems.

1. Marvel

It is the routine for Marvel characters to experience near death. This most demanding company is getting a Bank crowd in the mid of 90s. This company came out of crisis in 1997 after a lot of struggles. The movies produced in this studio, like Sony, Pictures, were now taking the line share in the box office.

2. Hostess Brand

Twinkies are unknown as the most delicious snack ever. But there is a high demand for this product in the market today. Recent reports said that this company is bankrupt. This company has made its image in the United States. In 2012 the hostess brand was bankrupted for the second time and disappeared from the market. If it is seen, there is a perception that this company is no longer in the future.

3. Borders

In the pre-Amazon world, top books, reading add borders was a fantastic way to spend a good afternoon. This bookstore started with a single location, but in a short period, it expanded and had hundreds of sites throughout the United States. But as the world advances, people stop reading books and start spending their time on mobiles and other technology instruments.

4. Kodak

This company started with a mission that makes photography more advanced and exciting. They also have the talent to do this. They did this for a long time. But as time went on, the photography went digital. The purpose of the company is to decline.

5. Sports Authority

The sports authority was settled in Florida. It became the most demanding and significant sports goods seller store with 41 franchises in different states. The company got bankrupt in 2016.

6. Sears

This company was once famous as a king of distribution. The company has been struggling to survive. Before Amazon, most kids have memories of shopping at Sears with their parents. This most demanding company has yet to maintain its class and struggling for money. The biggest weakness of this company, it didn't make any changes in its retail company. It now needs to attract the youth customers. The brand is more attached to old memories than fashion.

7. JCPenney

JCPenney was known as one of the principal distributions of American main streets and shopping malls. In the previous decades, it has been seen that they are struggling very hard to survive. The reason is questionable leadership during the pandemic, at the competition in e-commerce. It has more than 1000 department stores in the bygone age. E-Commerce points like Amazon overtake as competition, with more than 6000 jobs that are hopping JCPenney. It helps him return because people still want to see the store.

8. Hertz

Hertz, it's one of the biggest companies that rent a car. But they need help for a few due to poor management and strategies. A massive amount of debt and having an uncertain future is also a problem. Hertz's situation grows more during the pandemic. If they want to recover, the only way is that they need to update their self. They left out its technology and moved to the advanced one.

9. AMC Theatres

The largest movie theatres in the United States is now struggling for many years. The increase in streaming is having extra trouble for this company. Blockbuster movies or days are released on the internet. During the pandemic, the revenue of AMC dropped by about 80%. They get bankrupt and still now facing an unexpected future. AMC Theatre is trying to maintain their customer by adding big screens, more upgraded chairs, etc. That was not enough.

10. Game Stop

There was a time when the games stop was the famous place for buying the latest video games. Now every person has access to download games directly on their cell phones. The future of games top seems to fade. If they want to return, they must focus on certain things. They need to work on their hardware system.

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