Gymboree, a children's clothing retailer, filed for bankruptcy twice, in 2017 and 2019. They had $1.2B in debt due to the cost of opening new stores. They weren't able to pay it down since performance deteriorated due to heavy competition. Over 1 ...
Thunder debuted in 1997 as the Warriors mascot. It was a trampoline-bouncing, basketball-dunking, uniform-wearing superhero. Thunder was banished in 2008 when the Oklahoma City Thunder debuted.
Launched in 1995 and shut down in 2002, Chipshot.com was an online golf shop that peaked at 200 employees and $35 million in annual revenue after having raised $50M. The company struggled to survive with a myriad of competitors and in navigating the ...
The Memory Stick is a removable flash memory card format launched by Sony in 1998. Sony exclusively used Memory Stick on its products in the 2000s such as digital cameras, digital camcorders, mobile phones, TV sets, PCs, digital audio players, and ...
Founded in 1942, Tupperware manufactured preparation, storage, and serving containers for the kitchen and home. Tupperware filed for bankruptcy in 2024 due to declining demand and rising costs. The company's traditional direct sales model failed t ...
Sony Reader was launched in 2006, one year before Amazon's Kindle. Sony spent more than twice of what Amazon spent on media, but didn't offer a compelling reason to buy, offer enough titles, or have an easy to use store. Kindle overtook them in the ...
Selectica IPO’d in March 2000 at the peak of the dot com boom and reached a market cap valuation of $5 billion and was sold 8 years later for $50M. Selectica provided configuration software, a subcategory of quote-to-cash, which is a sub-categ ...
In 1972, Intel entered the business of wearable tech with its acquisition of digital watchmaker Microma. They exited the business in 1977 after realizing marketing a consumer product is completely different from the chip business and requires diffe ...
LA Gear, which was third in athletic shoe sales behind Nike and Reebok in 1990 with $818M in sales. By 1993 LA Gear's popularity was beginning to wane. The company began restricting access to the shoes, focusing on higher-end department stores to ...
Silicon Graphics, which produced computer hardware and software, peaked at a $7B market cap in 1995 and filed for bankruptcy in 2006. The addition of 3D graphic capabilities to PCs, and the ability of clusters of Linux- and BSD- based PCs to take o ...
