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Let’s look at five big companies that suddenly went out of business, and explore why they tanked so abruptly. Blockbuster Some of us nostalgic for the good old days miss seeing Blockbuster in town.
[1] [2] Some rare occupations are included in this list, but only if they have notable practitioners, for example alchemist or phrenologist. Terms which describe groups of people carrying out a variety of roles, but which are not specific occupations, are excluded from this list even if they are obsolete, for example conquistador or retinue.
Timeline of former nameplates merging into Macy's. Many United States department store chains and local department stores, some with long and proud histories, went out of business or lost their identities between 1986 and 2006 as the result of a complex series of corporate mergers and acquisitions that involved Federated Department Stores and The May Department Stores Company with many stores ...
For the second portion of the list, see List of words having different meanings in American and British English: M–Z. Asterisked (*) meanings, though found chiefly in the specified region, also have some currency in the other region; other definitions may be recognised by the other as Briticisms or Americanisms respectively. Additional usage ...
It’s been a rough year for some household-name US retailers and businesses. As the economy emerged out of the Covid-19 pandemic, companies faced a laundry list of problems arising from high ...
In June 2020, Pier 1 officially went out of business and announced that it would be closing all of its stores by October, CNN reported. Sales had been declining as big-box stores like Target and ...
A less severe form of involuntary termination is often referred to as a layoff (also redundancy or being made redundant in British English). A layoff is usually not strictly related to personal performance but instead due to economic cycles or the company's need to restructure itself, the firm itself going out of business, or a change in the function of the employer (for example, a certain ...
Closure may be the result of a bankruptcy, where the organization lacks sufficient funds to continue operations, as a result of the proprietor of the business dying, as a result of a business being purchased by another organization (or a competitor) and shut down as superfluous, or because it is the non-surviving entity in a corporate merger.