Failure Stories

Founded in 1921 by brothers Theodore and Milton Deutschmann. RadioShack was an industry leader in the tech world of the late 1970s and early 1980s. The company failed to capitalize on the PC and portable device revolutions that followed. This forced bankruptcy proceedings in 2015 where the RadioShack brand was sold off to various entities around the world.

Hewlett-Packard made the surprising announcement last week that it would discontinue its TouchPad tablet and WebOS business to focus its efforts on enterprise systems, software, and services. The move came less than two months after it announced the launch of its TouchPad tablet, and helped signify just how difficult it is to be competitive in today’s mobile space. Here is the fu

As brick-and-mortar stores of all stripes struggle against online shopping and sector juggernaut Walmart, the once mighty big-box retailer Kmart has been reduced from a symbol of the suburbs to just a handful of stores that remain. Let's figure our the Kmart story!

Pressured by its unhealthy debts together with the change in consumer behavior, Sbarro entered a downward spiral. Here is the story of a company suffering from $ 487 million in debt, yet it managed to reemerge from bankruptcy, but its current liabilities of $165 million still proved too much in the face of dropping foot traffic in America's malls.

In 1999, the original BlackBerry smartphone was launched and it quickly gained worldwide popularity. BlackBerry soon became a renowned brand in the smartphone industry. As of late 2013, the number of BlackBerry subscribers reached an impressive 85 million. However, in 2017, the number drastically decreased to approximately 11 million, and in January 2022, the BlackBerry phones were

Following its success in the Japanese market, SEGA, a Japanese video game, and entertainment was sold to the American conglomerate Gulf and Western Industries. However, SEGA failed to appeal to their customer’s primal needs! Listen to the full story here.