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30 Of The Stupidest Decisions Made By Companies That Made Them Regret It Later JCPenney tried to stop bullsh**ting customers and it backfired. They said no more sales, they’re just going to price everything low, because pretty much all sales at department stores are lies anyway. You’re not really getting 70% off, the retail price was deliberately set stupid high to convince you it was a great deal. But the discount price is the actual value of it.
So yeah JCPenney’s heart was in the right place but ultimately it failed because customers are really that dumb and would rather be lied to.

Phil_Drill , flickr Report

Final score:

346points

POST

Nika De Beer 2 years ago

Yeah thats a common psychology trick

68points

30 Of The Stupidest Decisions Made By Companies That Made Them Regret It Later Sears ended their catalog/mail order business in 1993. For over 100 years they had sold everything from hubcaps to houses via mail order and shipped them all over the country.

Amazon was founded in 1994.

kkngs , flickr Report

Final score:

309points

POST

Grumble O'Pug 2 years ago

Think of what they were positioned for and think about what they missed out on.

101points

30 Of The Stupidest Decisions Made By Companies That Made Them Regret It Later An A&W burger company tried to outsell McDonald's 1/4pounder with a 1/3pounder but Americans thought 1/3 was less than 1/4 so it failed really fast.

sadsoveryverysad Report

Final score:

309points

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Paweł Duda 2 years ago

Muricans and their education...

175points

30 Of The Stupidest Decisions Made By Companies That Made Them Regret It Later My hometowns shopping mall and movie theater made a rule that no one under 18 could enter after 3pm without a parent present. This included the week and weekend.

You know how malls survive without teenagers with disposable income? They don't.

trainiac12 , pexels Report

Final score:

295points

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Mewton’s Third Paw 2 years ago

The mall might have gone out of business anyway. Many that let teens in still did. This mall might have been having a theft problem.

42points

in my hometown, a group of coffee shops and other small businesses didnt like the loud noise and smoke from busses coming and going all day because the bus terminal was right around the corner from them. they complained about it, they moved the terminal somewhere else. not long after, they realized (too late) that most of their business came from people waiting for the bus or just stepping out the bus. the place is a wasteland now

anonymous_guy111 Report

Final score:

286points

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Roxy Eastland 2 years ago

How thick do you have to be?

140points

30 Of The Stupidest Decisions Made By Companies That Made Them Regret It Later One time Red Lobster offered an unlimited king crab leg deal, cause they brought the servings out slowly and were like 'nobody is gonna sit there for 6 hours and just eat king crab legs'.

Actually, lots of people did. So many they lost millions.

Omniwing , flickr Report

Final score:

269points

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Gaby Almodovar 2 years ago

Don't underestimate the power of "unlimited deal".

119points

30 Of The Stupidest Decisions Made By Companies That Made Them Regret It Later In 1998 Yahoo refused to buy Google for $1 million.

In 2002 Yahoo offered to buy Google for $3 billion, but Google wanted $5 billion. Yahoo refused the offer.

In 2006 Yahoo was to buy Facebook for $1.1 billion, but Yahoo's Ceo lowered it to $800 million and Facebook backed out.

In 2008 Microsoft offered to buy Yahoo for $44.6 billion, but Yahoo refused.

In 2016 Verizon bought Yahoo for $4.6 billion.

WickedCoolUsername , flickr Report

Final score:

255points

POST

Sum Guy 2 years ago

I hate things like this because it assumes that if yahoo bought Facebook, the trajectory of Facebook would still be what it is today. We look at the business now and think these companies are stupid for not buying them when small, neglecting the fact that everything might have changed with new owners... That being said, yahoo is bad at business

141points

Circuit City. Major retail chain in the 1980s that collapsed under mismanagement. It’s arguably biggest blunder was firing all of their experienced, better paid workers for cheaper inexperienced ones. Apparently selling merchandise and keeping customers happy is important in the retail business. Who knew?

Mount_Drew Report

Final score:

221points

POST

Mazer 2 years ago

A real shame, so many retailers don’t get that their employees are key to customer satisfaction

84points

#10

30 Of The Stupidest Decisions Made By Companies That Made Them Regret It Later There was a donut shop by my high school. Opened at 6am and closed at 5pm so students would be there every day before school started at 7:30 and after school ended at 2:15. They changed their hours to 8am-3pm and couldn’t make anymore money. They shut down a few months after the change.

hurr4drama , flickr Report

Final score:

189points

POST

Peppermallow 2 years ago

School starts at 7:30!!! Yikes. They start at 9am here… (nz)

70points

#11

30 Of The Stupidest Decisions Made By Companies That Made Them Regret It Later Steve Ballmer nearly killed Microsoft. He thought smart phones were stupid. Thought the cloud was dumb. And did a few more things that were just egregiously stupid and took on a lot of debt. Their new CEO is doing a great job though.

Kdog122025 , wikimedia Report

Final score:

183points

POST

JXXXF 2 years ago

The cloud kind of is dumb as people don't realize their data isn't just magically stored... its on a centralized server... if that goes tits up, everyone loses their data... its just a way to charge you monthly for storage as a service... clever for the companies, not so much for the users...

78points

#12

30 Of The Stupidest Decisions Made By Companies That Made Them Regret It Later I don’t know if they’re gone but SKYPE sh*t their pants during the race they had market lead and ten years of practice in.

Then covid hit and everyone was stuck in doors but wanted to still talk face to face zoom popped up while Skype was cleaning up in the bathroom.

audio_54 , flickr Report

Final score:

178points

POST

Random Panda 2 years ago

I think this was pretty much Microsoft's fault. Skype went downhill after MS bought them. Now they're pushing that cursed MS Teams app in its' place.

121points

#13

They didn't bankrupt themselves but they made a major competitor...

Sony built a disk drive console prototype for Nintendo... But nintendo didn't see the point in having disc media.. So sony created playstation, since they already invented the technology.

Skrillamane Report

Final score:

176points

POST

cybermerlin2000 2 years ago

I remember that. I bought one of the first playstations to roll out and into shops. I also had a super nintendo which had an expansion slot in the back ready for CD rom games that never got used

21points

#14

My Pillow's CEO is quickly running his company into the ground as we speak...

Physical-Ad-3798 Report

Final score:

174points

POST

Jo Choto 2 years ago

I just can't bring myself to support businesses that are owned or run by people with really bad ethics.

151points

SorosBuxlaundromat Report

#15

I got a fun one. You know how on shark tank they always introduce Kevin O'Leary as having made his fortune selling a educational games company?

He single handedly killed the learning games industry (those Carmen san Diego type games that were real popular in the early 00's) by forcing the devs to churn them out faster and cheaper at the cost of quality, slowly killing the market, and he also nearly bankrupted Mattel when they acquired his company.

Final score:

171points

POST

Kira Okah 2 years ago

Friend of mine was hit by this personally, her parents were learning and educational games devs. Demanded too much for nowhere near enough time and money and they had to switch jobs or burnout.

58points

#16

30 Of The Stupidest Decisions Made By Companies That Made Them Regret It Later Quiznos.

Corporate office decided to buy the vendors, and then contract all of the franchises to only buy materials from Corporate with a price hike.

The margins got way too high and all of the stores went out of business. They shot themselves straight in the foot.

JoshBobJovi , flickr Report

Final score:

167points

POST

JXXXF 2 years ago

Margins got way too low you mean

34points

#17

30 Of The Stupidest Decisions Made By Companies That Made Them Regret It Later Nokia. Never made the transition to smartphone, now it's as good as dead.

[deleted] Report

Final score:

164points

POST

James016 2 years ago

I had one of their first Lumia smart phones, it was decent for the time.

60points

De Gueb 2 years ago

My mums slid to open nokia 6500 out lived her. I think she had it for over 10 years

5points

UnpopularPanda 2 years ago

Windows on it killed it tbh

4points

Hetal Vyas 2 years ago

I had one too. Brilliant phones.

0points

Sergio Bicerra Descalzi 2 years ago

My first smartphine was a humble Nokia 520, loved that phine, until uodates were no longer available and there were like 10% apps than android.

0points

Thalia Lovering 2 years ago

Yes! Great phone.

0points

Devil's Advocate 2 years ago

Their name was synonymous with the excellent, but rather bricky early phones so despite the fact they DID release smart phones, people would rather have paid for crappy iPhones

0points

Thomas Turnbull 2 years ago

Lumia is Microsoft

-1point

Łukasz Markuszewski 2 years ago

Nokia is not dead. Mobile phones and smartphones were just a part of their business, they are not very busy with them now, cause they are more busy with networking, telecommunication services and internet of things. They are still powerful company.

12points

Kira Okah 2 years ago

Their loss came during the time of the Lumia, which was a smartphone, and a bloody good one at that. Best phone cameras on the market and sturdy as heck. The issue was Microsoft, and all their smartphones having to use Windows because of it. Microsoft ended up buying them, rebranding them, and ewd the quality for the later Lumias.

10points

Toast Of Saint Louis 2 years ago

They still make phones, just left the site. They got tablets too.

1point

Foxxy (The Original) 2 years ago (edited)

I wish Nokia still made phones, they were tough as.

9points

Paweł Duda 2 years ago

All phones using solder with lead at the time were though. That Nokia superb durability is fan made myth. I used Sony Ericsson phones as i liked the design more, still have 4 of them to this day, and all of them works, one after being thrown on the wall, after call with my ex.

3points

Bhazz 2 years ago

They do!. Typing this on a Nokia smartphone.

1point

Renita Fox 2 years ago

…..as what ??

-1point

Buren 2 years ago

Not the battery though. I bet it's still around 78%

5points

YoyoSthlm 2 years ago

Haha yes. And you can play Snake for two hours and the battery level will not even drop

3points

DennyS (denzoren) 2 years ago

I think, and this is just an opinion, choosing to stick with Windows and Symbian when Android was taking off was their biggest mistake.

3points

Hodor! Hodor? 2 years ago

They still got snake though

3points

Tatu Onkalo 2 years ago

Nokia is not dead, just the phones are (almost). It is actually one of the biggest network equipment manufacturers in the world with over 90000 employees. The company is over 150 years old and started out as a pulp mill, and they have done all sots of stuff over the yeears. So the short success and fall of the phone business is just one chapter in the companys history.

2points

Hood 2 years ago

I just bought my Nokia smartphone and I love it

0points

Sum Guy 2 years ago

They did... They just picked the wrong operating software

2points

Christopher Joseph Collom 2 years ago

Uh, ... NO. They are a major competitor: https://www.nokia.com/phones/en_ca

1point

Mrs S 2 years ago

Loved my brick!!

1point

Chris D 2 years ago

Microsoft bought Nokia phone division, because no other manufacture would install the Windows 8 phone OS. Windows 8 phone OS failed, thus so are their phones.

1point

Zoe Vokes 2 years ago

My Nokia 3210. 🥰 All I needed was Snake and the ability to call and text.

1point

Anonymous 2 years ago

R.I.P. Nokia

1point

Thomas Sweda 2 years ago

Last time I looked, they’re still on the stock market, and still paying my pension !

1point

humdrum 2 years ago

You'll be happy they restored dividends then!

0points

Aqsa Azam 2 years ago

I have a Nokia smartphone and it's so much better than my old one (asus)

1point

Hood 2 years ago

I have the Nokia 5.4 and I love mine works flawlessly

0points

Paul Davis 2 years ago (edited)

Where they failed was their arrogance in thinking they could come up with their own proprietary operating system that would be as good and develop a brand-new install base, instead of using the existing, perfectly good, less-proprietary one with an already huge install base.

1point

Cal Bro 2 years ago

What exactly are you talking about? Nokia were making smartphones before both Android and iOS existed and so they were the ones with the already huge install base. Android didn't out-number them until over 2 years after it launched. A better argument would be that they made a mistake changing to Windows instead of Android, but you can certainly see why they would make that choice. And who knows whether they would have been successful as one of the many Android manufacturers. They certainly aren't now (granted they only license out their name for the phones, but I don't think the average consumer knows that)!

1point

Kishibe Angelo 2 years ago

it was indestructable you could us it to hammer in nails

1point

Carlton L. Fox 2 years ago

I'll bet their batteries are still charged, though.

0points

Viv Hart 2 years ago

Love my Nokia, it's about a year old now. My hands are too shaky for a smartphone, but I use a laptop.

0points

Laycette 2 years ago

I had an N95 which was great! but they didn't really get onto Android until way too late, yeah.

0points

shelli Kay 2 years ago

I'm sorry LG gave it up too..

0points

Sean Pack 2 years ago

Hell of a doorstop,though.Still have mine too..

0points

Donna Gettings Apperson 2 years ago

That's one of the weird things about tech. The OG loses out if they don't turn themselves into or progress into something other than what they are.

0points

Cory Kent 2 years ago

They make great burner phones.

0points

Evelyn Haskins 2 years ago

I don't HAVE a 'smart' phone, I don't WANT a smart phone, Roll on 1984~ *(Except he should have called it 2020!

0points

Thomas Turnbull 2 years ago

Your Wrong by a long way:- In 2020, Nokia's Networks Business generated around 16.87 billion euros in revenue, continuing to bring in the majority of Nokia's revenue. In total, the company reached 21.87 billion euros in revenue,

0points

Cathy Carey 2 years ago

So is it too late then?

0points

Seadog 2 years ago

Recently inherited some Nokia and Vodaphone stock. I had no idea either one even still existed.

0points

humdrum 2 years ago

The Lumia 1020 with Windows 8 is the best camera phone I ever owned and I'm on iPhone 7 now.

0points

Shelley Dawson 2 years ago

I've kept my Nokia for nostalgic purposes.

0points

Mumof1 2 years ago

My first smartphne was a Nokia - hated it.

0points

Peter Lee 2 years ago

I read an article where Nokia thought no one would want touch screen over extended battery life, they were wrong.

0points

Erik Lawrence 2 years ago

They are actually on their way back up... not to where they were, but, up.

0points

Rick Drew 2 years ago

The failure to transition to smartphones was a symptom. The problem was entrenched management that refused to innovate.

0points

Carol Goodson 2 years ago

I had some Nokia stock, LOL

0points

Random Anon 2 years ago

This is not entirely true. Their cellphone segment may not have worked out but Nokia is certainly not dead. They own a lot of IPs on electronics. If you take apart any electronics, you will probably see Nokia parts in them.

0points

Hood 2 years ago

I just bought a 128gb Nokia smartphone. I'm on it right now I love it 😍

0points

Tim S 2 years ago (edited)

I don't understand this. There are plenty of Nokia android phones out there. As a matter of fact, they're often recommended as among the best budget phones.

0points

Tatu Onkalo 2 years ago

Nokia is not dead, just the phones are (almost). It is actually one of three big makers network equipment in the world. The company started out as a pulp mill over 150 years ago and has done all sorts of stuff over the years. So yes, they messed up the their once huge phone business, but it was only one chapter of their story.

0points

Scott N 2 years ago

I believe I read where Nokia began as a rubber boot manufacturer… can you say ‘diversification’..?

0points

Naesil 2 years ago

There is history before the rubber boots but yes rubber boots is part of Nokias business

0points

Jennifer 2 years ago

Anybody else hear that Nokia ring in their head immediately? Just me?

0points

aaaggg hhh 2 years ago

NOKIA NOW DOA

0points

Analyn Lahr 2 years ago

I have a Nokia smartphone. Mind, it was one of the least expensive at the place I bought it.

0points

Ashley Dopp 2 years ago

If they dropped their first smartphone tomorrow, I'd chuck my Samsung out the window. I had the same Nokia phone for 4 years and it looked brand new all the up until the internet was put on phones and I had to upgrade. I miss that little brick!

0points

Gavin Johnson 2 years ago

As good as dead? Valued at $21 billion. I wouldn’t mind being $10 behind their CEO! Yes, peaked at over $110 billion in the good years but it certainly isn’t anywhere near ‘dead’. If you could look inside the mobile phone mast cabins and on fibre optic kit you’d see Nokia on a huge amount of the equipment, being in the public eye isn’t always where your success is. They’ve sold off their mapping company for a few billion, they’ve sold their phone company off, again a few billion, they are still turning a handsome profit and I’m sure their stockholders are still happy. This fact ^^^ is NOT a fact.

0points

Cynthia Carter 2 years ago

Still using my 2006 Nokia flip phone. It's a phone, nothing more, no camera, no GPS, and with pay phones all but gone, I'm glad to have it. I am thinking of upgrading to a used smart phone, so I'm not a complete fossil.

0points

AngelWingsYT 2 years ago

Imagine an unbreakable smartphone..nokia would make bank xD

0points

AngelWingsYT 2 years ago

Like think. A smart phone so indestructible (like their other phones) you can drop it off your roof n nothing!

0points

Joran Quinten 2 years ago

The 3210 outlives the Queen of England

0points

Denise Lewis 2 years ago

Nokia had the best phones to bad they were so stupid and didn't move on with technology

0points

Alex Pardo 2 years ago

As good as dead! 31-01-22-1...feebfd.png

0points

Alex Pardo 2 years ago

As good as dead! 31-01-22-1...db0557.png

0points

just another teen 2 years ago

bruh i just switched from a nokia smartphone to a lg smartphone

0points

Cee Mor 2 years ago

Motorolla too

0points

YoyoSthlm 2 years ago

Well, they make tires as well

0points

Monkey Spunk 2 years ago

Used to work in the same building as the Symbian Dev team (around 2001-2005), I remember when they all started getting laid off, poor guys.

0points

Scagsy 2 years ago (edited)

They did make the switch after been sold a few times. It's pretty muddy about who owns what, but ex Nokia employee group HMD and Foxconn have something to do with it. They were late into the smartphone market but seem to have caught up to some degree. I bought a feature-packed Nokia 8 in 2017 which was a great phone. I have since passed it on to my mum and she says I'll have to prise it out of her cold, dead hand if I want it back. So, yeah, I think she likes it too.

0points

Zuzana Andrejchová 2 years ago

Actually, I bought new Nokia phone two month ago... And it's good.

0points

Black nigha 2 years ago

Laughs in Nokia n95

0points

Kayla J 2 years ago

I loved their light up phones, I was so bummed when mine busted and I had to get a new one.

0points

Giovanni 2 years ago

They were bought by Microsoft to try to market their Windows Phone OS, but it had it was in no way glamour like iOS or open like android so it failed spectacularly

0points

Paweł Duda 2 years ago

Nokia was one of the first companies making smartphones, so stop bullshitting. They just started with poor resistance screens and Symbian, than partnered with Microsoft for shity Windows 8 mobile, and started with Android years after competition, so chain of bad decisions that practically eliminated them as major player in mobile market.

-1point

#18

30 Of The Stupidest Decisions Made By Companies That Made Them Regret It Later Yahoo bought Tumblr for $1.1 billion and sold it for $3 million 6 years later

fork_hands_mcmike , pexels Report

Final score:

162points

POST

Kira Okah 2 years ago

They lost money not because it was overpriced in the first place but because they trashed it. Would have been worth what they paid otherwise.

95points

#19

30 Of The Stupidest Decisions Made By Companies That Made Them Regret It Later Barnes and Noble. They just kept making bigger stores with less and less books.

RagnarDann3skj0ld , flickr Report

Final score:

159points

POST

Steffen Rehm 2 years ago

I hate that. Bookstores has to be filled with books in every corner of the shop. Maybe its just me, but i see bookstores as a darker but comfy place to spend hours in it, searching for new stuff to read.

143points

679 points 5 months ago To Report

#20

Toys R Us. Toys R Us was actually doing fine. It was venture capitalists going in and loading TRU with debt to make it look like it was losing money. Victim of the game.

Final score:

157points

POST

James016 2 years ago

So many companies like that. Debenhams being another

35points

#21

30 Of The Stupidest Decisions Made By Companies That Made Them Regret It Later Kodak completely went under when they chose not to adopt digital photography. They eventually came back several years later, somehow.

thehankinato , pexels Report

Final score:

156points

POST

The Scout 2 years ago

Ironic when you take into account that the first digital camera actually was invented by a Kodak engineer, and Kodak also were the first to ever build a digital SLR camera in 1987. So they really were the main contributors to the development (pardon the pun) that shoot them in the foot.

75points

#22

I haven't seen Theranos mentioned, but holy hell that was one bad decision after another.

It all stemmed from the founder and CEO Elizabeth Holmes who had the honestly admirable goal of wanting to run a bunch of blood tests using a single drop of blood.

Unfortunately, reality got in the way and they learned that it turns out you need well over a drop of blood for any blood test to be accurate.

Holmes (she's comes across as a complete narcissist) refused to budge on the requirement and basically fired anyone who told her that what she wanted was impossible.

Despite being once valued at over $1B, the company never once produced a reliable product, is now competent defunct, and the founder is facing criminal charges of conspiracy to commit wire fraud as well as a class action civil suit.

cmaronchick Report

Final score:

155points

POST

James016 2 years ago

She was found guilty and rightly so.

114points

#23

Hoover UK free airline ticket disaster.

I remember this at the time. They tried to make it as difficult as possible to claim the flights, the idea being people would likely buy an expensive Hoover, not fulfil the criteria properly (or just never take the flight) and they'd be in profit. They underestimated how focussed British people will be to get free stuff. People would buy the cheapest thing they could to qualify, send all the forms off perfectly, then try to take legal action when the free flights didn't happen.

sludgemonkey01 , helic0n3 Report

Final score:

148points

POST

Firkin Dirkin 2 years ago

And Hoover then hired a company to stop people claiming their flights by offering you a flight from an airport least accessable by you to an airport hours from the hotel. They were caught on video doing it but the goverment refused to act on what was a clear case of consumer fraud. Those political party donations do work...

71points

#24

Cracked. Basically they fired all of their writers at once. The site also became practically unusable towards the ends as well. I could barely get it to load long enough to read the article.

Duck_quacker Report

Final score:

146points

POST

Black nigha 2 years ago

I really loved cracked they actually had articles back in the day good articles

65points

#25

30 Of The Stupidest Decisions Made By Companies That Made Them Regret It Later Ayds diet candy.

They didn’t change their name after the emergence of the AIDS virus.

NoSoul2335 , flickr Report

Final score:

140points

POST

Loty 2 years ago

I don't think Corona beer sales are suffering though

119points

#26

30 Of The Stupidest Decisions Made By Companies That Made Them Regret It Later In 2012, after a three-year hiatus in the sport, F1 team Lotus signed driver Kimi Raikkonen for the 2012 season.

His contract included a clause that stated that Raikonnen would earn 50,000 euros for every point he scored in the two seasons of his contract.

Raikonnen then went on to finish third in the 2012 championship, and 5th in the 2013 season, which was exceptionally impressive for Lotus.

In doing this, he got 390 points in two seasons, and Lotus had to pay him 50,000 euros for each point, so he earned 19.5 million euros off of that bonus alone, which lead to Lotus almost filing for bankruptcy.

Aimaan-Zakaria , wikimedia Report

Final score:

135points

POST

Troux 2 years ago (edited)

For those unfamiliar, Kimi Raikkonen is a legendary interviewee. Sensible, laconic and forever annoyed at the fact that he has to answer inane questions about his job after doing his job. Samples: https://www.youtube.com/watch?v=fd-Df9EYoQY

43points

#27

30 Of The Stupidest Decisions Made By Companies That Made Them Regret It Later Photobucket changing its tos back in 2017 to require a yearly fee for all those images you previously posted on it for free.

drizzes , pexels Report

Final score:

126points

POST

Loty 2 years ago

Once you give something out for free it's very very hard to make people pay for it.

67points

#28

30 Of The Stupidest Decisions Made By Companies That Made Them Regret It Later It did not bankrupt them by any stretch, but 30 years ago McDonalds started selling pizza. They invested millions and it crashed and burned spectacularly.

The reason McDonalds started selling fresh-baked muffins is they had to do something with the pizza ovens.

CohibaVancouver , flickr Report

Final score:

126points

POST

Annette Easton 2 years ago

The McD's pizza was actually really good

4points

#29

Schlitz. Throughout the '60s they were one of America's biggest national beers, a tough competitor to Budweiser and Pabst. They hired a new CEO, from within, in about 1974 or so who was greatly enamored of a study which showed that about 30% or so of beer drinkers couldn't distinguish their putatively favorite beer from other brands in taste test ... so why, he asked, are we spending so much money making our beer so distinctive when it doesn't matter to our customers? He oversaw the introduction of a slimmer brewing process that included replacing barley with corn syrup and using silica gel as a preservative during the brewing process that they would then filter out afterwards, i.e. they wouldn't have to disclose it as an ingredient. What they got was a beer that spoiled faster, grew cloudy on racks, didn't produce a nice frothy head when poured, was perceived as flavorless and eventually required that they recall about 10 million bottles.

Oh, and then they didn't realize that light beer was going to become a thing, so they got their clock cleaned by Bud and Miller in that segment. And they ran an ad campaign in which some belligerent-sounding guy only half-jokingly (it seemed) threatened to kill the guy talking to him off-camera if he took his Schlitz away.

By the early 1980s they went back to how they had once brewed their beer, but the damage was done and they had to sell out to Stroh's. I barely see much of that one around and it's been years since I saw any Schlitz on the racks.

SniffleBot Report

Final score:

125points

POST

Jo Choto 2 years ago

The popular American beer brands are absolutely disgusting. They all taste like vaguely fizzy sour water.

59points

#30

YouTube's choice to require Google+ to comment at one point was a really bad time for them.

cringyfrick Report

Final score:

108points

POST

J. F. 2 years ago (edited)

YouTube's latest ideas will give them bad times again, like removing the dislike button (fixed with add-ons), playing two unskippable ads with 15 seconds each one after another (fixed with add-ons) and the requirement to send full legal documents to verify the age for users from the EU (the EU's fault not theirs).

71points

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#31

30 Of The Stupidest Decisions Made By Companies That Made Them Regret It Later Borders Books. It had to chance to be Amazon, from Amazon, before Amazon, and turned it down.

Amazon Books, as it was then called, was a small online bookseller. It had a rather incompetent search engine, titles were misclassified, and it dabbled in office supplies. It was one early "e-tailer" among many. Amazon's pitch was that it was trying to be an online version of the retail giant Staples and it could ship quickly.

Then a conversation happened with the giant Borders Books. This Internet thing was starting to look like it would harm retail sales, so Borders contacted Amazon, and asked them to build some online inventory, a web-storefront and a sales management system.

Because of the dot-com bust, Borders got spooked. The Internet was a passing fad. Amazon could keep the system, Borders wanted out. By 2007, Borders ended its marketing alliance with Amazon, but Amazon had began using the system it built for Borders: Amazon did keep the system. It was a much, much better system than Amazon was using itself.

Hattix , flickr Report

Final score:

43points

POST

Thomas E S Thomas 2 years ago

Borders still exists though. They are in Asia and Pacifica, mostly in airports.

5points

#32

30 Of The Stupidest Decisions Made By Companies That Made Them Regret It Later I used to work at a Kmart. They never bothered to update any of the store layouts, and they were more concerned with signing people up for their rewards card and/or credit cards, which led to longer lines, which led to more complaints...you get the idea. Also, the merger with Sears was the final nail in the coffin. Now, all the Kmarts in the area are closed.

theycallmemomo , flickr Report

Final score:

42points

POST

Foxxy (The Original) 2 years ago

Just so people are aware the Australian Kmart has absolutely zero affiliation with the US Kmart and same goes with Target. Kmart in Australia is very successful and even has like a cult following.

16points

#33

Starbucks in Australia and, to a lesser extent, New Zealand.

It completely misread the market.

Australia has a really vibrant Italian migrant community. When they came over they brought their espresso culture with them. Literally every street corner in Melbourne, Sydney, or Canberra is filled with fourth wave cafes that serve single origin geishas or something like that. Even 7-11 $1 cappuccinos taste better than any Starbucks I've ever had.

sjp1980 , IcyAssist Report

Final score:

42points

POST

T. D. Bostick 2 years ago

I've never understood why that awful tasting Starbucks got so big in the first place. The smell is unbearable.

9points

#34

30 Of The Stupidest Decisions Made By Companies That Made Them Regret It Later Not a company, but a country. the Northern Ireland renewable heat incentive. Basically, they came up with the bright idea of encouraging people to use renewable power by paying people to do so. Except you got more back per unit than the cost per unit. So people would buy an electric heater, put it on 24/7, get the money, use the extra money to buy another heater, plug that in for 24/7, get more money, buy another heater and so on. £500 million later they realized it wasn't such a good idea, the government collapsed and didn't reform again for 3 years.

heinzbumbeans , flickr Report

Final score:

41points

POST

Ali H M Salehuddin 2 years ago

I suspect this must be a work some greedy individuals. They f****d up for the rest of us. Similar story of when Microsoft offered free unlimited online storage. Some people really took advantages of storing terabytes of junks. Pure digital junks - nothing of any value to anyone. Ended up, Microsoft stopped the free service for everyone. On a more personal level, my previous company once tried flexible clock-in and clock-out hours. Most employees played nicely. Only a few dumb individuals really abuse it. Ended up the previlege got canceled.

16points

Dutch Swimmer Goes Viral For Super Revealing Trunks During 2024 Olympics: “Is This Legal?”

See Also on Bored Panda

Thrill-Seeking Diver Jumps Down Extreme Waterslide, Ignoring The Strict Ban For Women

#35

Has anyone mentioned little Caesar’s? In the mid 90s, they decided to veer away from what had always brought them success. Cheap pizza. They plunged into delivery pizza, sandwiches, etc., raising their prices and not really trying to increase the quality of their food.
At the time, they owned the cheap pizza market across most of the US. Slowly, that position decayed. They closed many stores, and were on the verge of disappearing. What saved them? $5 hot and ready pizza. It brought them back to life and they continue to grow.

Snack_Cake Report

Final score:

39points

POST

Cassie 2 years ago

In the early 90s, I was in a small, rural college town with two pizza shops; a shop specific to the locality and a Little Ceasar. The local shop was significantly closer to the school, but expensive, so everybody went the extra distance to Little Ceasar for that cheap pizza. Once they raise their prices, everybody switched to the local shop.

10points

#36

30 Of The Stupidest Decisions Made By Companies That Made Them Regret It Later MoviePass.

MoviePass was a weird one. Their model was too good to be true. They lost money on every subscriber who was seeing more than 2 movies a month which, IIRC, was almost all of their subscribers.

That on top of the local movie theater offering infinite refill year long popcorn buckets for like 60 bucks and we abused both to the max. Easily spent the cost 50x over. We saw like every movie that came out in like groups of 7-8 people off of 2 cards and 1 bucket. It was a wild time.

contrarian01 , pexels Report

Final score:

38points

POST

Alban Bizet 2 years ago

In France every cinema have an unlimited card, around 25€ , and you go to see everything you want, it's been in place for 20 years now and works perfectly The Uk as well have the same system

7points

Woman Put A Water Fountain With A Camera In Her Yard, Here Are 24 Photos Of Regular Visitors (New Pics)

See Also on Bored Panda

“Ma’am I Live Here”: Woman Refuses To Back Out Of Driveway, Learns A Lesson The Hard Way

#37

Schwinn. The executives of America's most venerable bicycle maker could not be convinced that mountain bikes were anything more than a fad. They made one and called it the Klunker (yes, really). Then when they realized it wasn't, they got some small Asian company to design a mountain bike for them ... giving them basically all they had ever learned about making bicycles in over a century as technical assistance. The small Asian company used this to improve its own product, and cut into what could have been Schwinn's share. Then they did it again with another Asian company. Then they opened their own retail stores, alienating the retailers who'd carried their product for years, like Apple would later but with much less success. Today, Schwinn is just a brand name someone else owns.

SniffleBot Report

Final score:

35points

POST

Mary Rose Kent 2 years ago

I got a beautiful forest-green Schwinn at Christmas and thought I was the 💩!

6points

#38

Blockbuster. They had an offer from Netflix that they turned down. but that's not really what sank them. Blockbusters streaming service was doing very well in the early days of streaming. What happened was a combination of new management and existing debts that were too great to pay off.

Blockbuster bought some other companies and properties on debt expecting to be able to pay them off with the new income from those new assets. When the economy crashed Blockbuster couldn't pay those debts and that was that. It took two years before they filed for bankruptcy.

5k15_420 , reddit Report

Final score:

35points

POST

Dorothy Parker 2 years ago

It was part of the Friday night ritual to go rent a movie after strolling through the aisles. It was just...fun.

15points

50 Of The Most Incredible Shots That Were Submitted To The Comedy Wildlife Photography Awards

See Also on Bored Panda

French Diver’s “Jewels” In Tight Swimming Trunks Become Talk Of The Town At Olympics

#39

Vine. It seemed like the best thing at the time.

Vine burned up all their investment capital to get WarheadADHD to think it was "like the best thing at the time." So investors were like "Oof. Finally. That cost us a lot of money. Now can you please flip the 'make us some f**king money' switch so we can recoup our losses?"

But Vine had this huge competitor in Youtube. And Youtube didn't have to be profitable because it was bankrolled by Google.

So Vine said "Investors, please. If I flip the 'make you some f**king money' switch (by filling the service with ads or whatever) all these new users will just abandon us." And the investors were like "Then what the f*ck is the point of all this?" And thus Vine died.

It would come back years later as TikTok, from China, because the Chinese could copy all the design work from old dead Vines, and make the cost of operation super low. Also, Google was finally trying to flip the "make us some f**king money" switch on Youtube, which gives TikTok some breathing room to monetize.

WarheadADHD , GregBahm/ Report

Final score:

33points

POST

Random Panda 2 years ago

Content-wise Vine was so much better than TikTok though.

11points

Woman Moves Out Of Parents' Home After They Asked Her To Give Her Space To Brother, They Freak Out

See Also on Bored Panda

Mom Leaves $250k Inheritance To Son, Throws A Fit When Daughter Stops Looking After Her

#40

Blackberry. Most popular smartphone in the world. And then they were less than 1% of the market share, their stock value dropped like the present day wildfires. A couple of years ago they announced that they would focus more on software and essentially gave up making phones which oddly enough saved the company.

To add to the explanation: At their peak, they had 32.2% of the market. They fell to 7% in 2015. Present day, they're basically a footnote in history. As other commenters have stated, lots of BB executives took advantage of their market share and thought a flat touch screen wouldn't take off the way it did. Bunch of poor decisions later, their shares fell from $148 in 2008 to .60 cents just a few years ago. They're back up to around $10. How the mighty have fallen.

Never. Ever. Take your life or business for granted.

valboots Report

Final score:

33points

POST

Phil Amylon 2 years ago

How does something drop like wildfire?

21points

#41

Friendster followed by MySpace.

Friendster shot themselves in the foot with a ton of bad decisions that led to stuff like looonnnngggg login times for basically no reason. It is weird to think that for a short time, Friendster was big and hip enough that I actually had it one of my business cards around 2000.

All MySpace had to do was not change, so people could come back to it after checking out FB. Instead, they got rid of everything people liked about the site and didn't make any beneficial changes. When people popped back in looking for a FB alternative, they found a weird new music-focused version...

squirtloaf Report

Final score:

31points

POST

Dave P 2 years ago

myspace was intended to be music only from the begining

5points

Woman Refuses To Chip In For Babysitting Because She Doesn’t Even Have Kids, Asks If She’s A Jerk

See Also on Bored Panda

“This Breaks My Heart”: People Stunned—And Angry—After Woman Buys Lost Luggage From Airport

#42

Can we get an honorable mention for Staples and its multiple attempts to merge with Office Depot despite the fact that they're both on track to die within the decade?

TravelSizedBlonde Report

Final score:

29points

POST

Dorothy Parker 2 years ago

No! Where else can I go to get a printer for $59 and extra ink for $109.?

31points

#43

30 Of The Stupidest Decisions Made By Companies That Made Them Regret It Later Quibi when it decided that 10 minute clips watched in portrait on a commuter train is the future of home entertainment.

oftenGetsItWrong , pexels Report

Final score:

28points

POST

Loty 2 years ago

Quibi had 1 half baked idea and still managed to convince VCs to give them hundreds of millions of dollars.

6points

#44

Ratners jewelry store in the UK. The owner and founder went to a meeting and described their own products as total cr*p. Lost the company about five hundred million pounds in market value back in 1991.

To be fair anyone with a modicum of taste already knew this about Ratners stuff. I think the Sun newspaper heavily reported on it and their readers were pretty much Ratners target customers.

Mrgray123 Report

Final score:

28points

POST

Roxy Eastland 2 years ago (edited)

I believe the meeting was recorded and therefore the actual comments could be played on the radio etc. Also, I think the CEO was quite derogatory about the people who bought Ratners jewellery.

9points

#45

Back in the late 90's I worked for a business that shared a building with a company known as "Teledesic". Their goal was to have a global network of low-Earth-orbiting satellites that provided broadband access to pretty much everyone on the planet. They were financed by tech titans in the wireless communications space. It all seemed like a great idea. The only problem was that the technology wasn't there yet. They went bankrupt in 2002. The Teledesic Case Study is taught at Harvard Business School and other MBA programs as a cautionary tale.

[deleted] Report

Final score:

27points

POST

Jiminy 2 years ago

So... Starlink?

4points

"I Didn't Start The Dryer": Karen Gets Taught A Lesson After Throwing Out Neighbor's Wet Clothes

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Guy Divorced 3 Years Ago Drops Off 3 Y.O. With His Ex-Wife Completely Out Of The Blue

#46

Flickr. When others opted to have unlimited image storage funded by ads, Flickr opted to limit and sell memberships. I can't say I've heard anyone mention Flickr since.

talrose Report

Final score:

26points

POST

James016 2 years ago

I used to have a Flickr subscription but cancelled when they doubled the price. Now on the free tier but I haven't logged in to it in ages

3points

#47

Chrysler, late 70s.

Started out a luxury car. The bean counters came in and told them that if they eliminated x feature, they could save y$ per year.

This process went on for some time, until what they had left was just a crude car selling for big $$.

They went bankrupt. The gov’t had to bail them out.

Source: a buddy who worked there.

jeremyxt Report

Final score:

25points

POST

Tamra Stiffler 2 years ago

I know this isn't the point of this post, but I'm pretty sick and tired of the government using taxpayer money to bail out huge corporations. Looking at you, airlines.

29points

#48

RadioShack. Those guys just couldn’t make their niche happen and never attempted to evolve.

DabbleDAM Report

Final score:

24points

POST

Jo Choto 2 years ago

That's not true. They were SUPER cool and changed their name to "The Shack" so we would know how cool they were... right before they went out of business.

15points

#49

Target's foray into the Canadian market is probably the greatest business failure in Canadian history. After buying all the old Zellers locations, which was already an ambitious starting point, they introduced an extraordinarily complicated inventory system no one was familiar with despite it being legendary in the industry for being difficult to work with, their checkout software was glitchy, they had weird, sterile stores with no music or atmosphere, constantly had empty shelves because of supply chain issues despite having warehouses absolutely bursting at the seams with product (to the point that they had to rent extra storage space to hold all their inventory, which, again, was not in their stores) and had much higher prices than Wal-Mart or even Zellers (which surprised Canadians because we always wanted it here because they have great deals in the US). Within two years of opening they had filed for bankruptcy protection and were out of the country entirely 3 months later. In the end they lost billions, cost tens of thousands of people their jobs, and ruined the Target brand in Canada for probably a generation. You couldn't have a worse launch of a national retailer if you tried.

Ham_Kitten Report

Final score:

24points

POST

LOttawa 2 years ago

I miss my local Zellers, it always had good deals on things I bought. The restaurant had really good breakfasts and that's where my daughter and I would go for mother/daughter breakfast.

7points

“All Three Shot Out Pink”: Triplets' Baby Shower Turns Sour, Pregnant Wife Wants A Divorce

See Also on Bored Panda

College Student Does Exactly As Told After Roommates Demand They Keep Their Stuff In Their Room

#50

I'll go for a rare one.

AMF In April 1996 they were bought by Goldman Sachs for 1.4B In November of 97 they went public By 2000 they were so devalued they were delisted from the stock market In 2001 they went under.

They failed to realize the drop in popularity in bowling, but continued to expand. Coupled with bad business decisions to raise prices on a sport that was seen as blue collar, they pushed more people out. Everything they did in the face of a changing market was wrong and killed hundreds of bowling alleys across the US.

Now days that are owned by Bowlero

IveKnownItAll Report

Final score:

23points

POST

Dirk Daring 2 years ago

AMF indeed!

3points

#51

Here's one you don't know- Publications International Ltd., or "PiL". They made those thick paperboard books for kids with the buttons on the cover that play sound effects.

It was owned by one guy who had 95% of that market and basically spent so much time on his boat in Florida not letting others control the inner workings of the company that he forgot about a recurring loan and had the company taken over by his banks.

There's still a remnant of it lingering but it's tiny and not putting out product at anything like the rate they used to.

playblu Report

Final score:

23points

POST

#52

Netflix almost did as they made the transition from dvds. They had a period where they dropped to dangerously low subscriber

RagnarDann3skj0ld Report

Final score:

22points

POST

Sinkvenice 2 years ago

I'm English and I used to use an online dvd rental company called Lovefilm. They were great and had all sorts of obscure movies that I haven't seen anywhere else, as well as video games. They became defunct surprisingly later than I assumed, 2017.

7points

Constant-Leather9299 Report

#53

A very obscure example, but oh well: Polish social media site Grono. It was massively popular in the 2000s, and even though Facebook existed it was not widely used. Grono (besides regular social media stuff) had discussion groups, more customizable profiles, and was a hundred times more appealing option. You weren't limited to your friends list and could make new friends and such.

...until one day the site was suddenly revamped into an ugly, unusable clone of Facebook. The users were outraged and left the site in protest. When admins realized they f*cked up, they erased the option to delete your account!!

The site became a ghost town very fast. Very little people were still using it... until Grono suddenly revamped the site again- into a file hosting website. All content the users made was lost permanently. It shut down in 2012.

Final score:

21points

POST

Orichinals 2 years ago

We had some kind of company like yours in the Netherlands, called Hives.

3points

#54

My brother and his wife used to live in Kansas City, where Montgomery Wards was headquartered, and for a while in the 80s and 90s, they would give credit cards to anyone who could fog a mirror. They worked at the HQ one year as post-Christmas help in their credit card department in the early 1990s, and they said then that the default rate on those no-questions-asked cards was so high, the company was never going to recover.

And it didn't. It does still exist, but is a small percentage of its former self.

Shopko (which was kind of like Target) also went overboard in expanding ca. 2000, and that whole chain shut down a year or two ago.

notthesedays Report

Final score:

20points

POST

LisaMarie 2 years ago

"Anyone who could fog a mirror" 😅

13points

#55

Windows Phones

If heard right, they advertised to make seamsless windows operations with phone and PC when win10 will come out. Then win10 came out but the phone op system connection didnt realy work, only years later.

Microsoft decided not the continue the project.

seVan80 Report

Final score:

20points

POST

Fat Harry 2 years ago

It's a shame. My Windows phone was, at the time, the best phone I'd owned. The interface was really nice, it was just let down by the lack of apps.

5points

#56

Cricut. They wanted to start charging for using the Design Space, and limiting the amount of projects you could upload at any one time. This meant if you uploadad a project, had to tweak and reupload, that would be two projects. This would have been in addition to Cricut Access. It did not go down well and lead to a lot of people returning their machines and cancelling Access memberships out of protest. If anyone knows more/I'm incorrect please let me know!

bippity-bip-bip Report

Final score:

19points

POST

Crazy Dog Lady 2 years ago

They decided against this after all the backlash. As a user (and as an art teacher) I was extremely upset about this news as I make most of my own images for my classroom. I think they're saying if you buy a machine now you're agreeing to these new terms (instead of all current users) but with similar machines on the market I don't see this being viable.

3points

#57

TWA - Trans World Airlines - was a victim of a corporate raiding more than a bad decision, but it's still a good story.

TWA was a storied brand that, like many other legacy carriers, was struggling to compete in the post-regulation era. In need of cash, they found an investor in corporate raider Carl Icahn. Icahn purchased enough shares to become majority shareholder, infusing much needed cash into the operation, and included in his takeover clause that TWA would sell seats on TWA flights at-cost (zero profit) to any of Icahn's companies.

It sounded like maybe TWA would give away a few seats to some corporate business travelers. Nope. Icahn also owned a travel agency, and that travel agency sold thousands and thousands of seats to the general public at-cost. TWA would have full flights that made no money. Hamstrung by their inability to increase fares, TWA had no choice but to lower service, cut frills, eliminate popular but unprofitable routes, outsource support, and in general make flying TWA a miserable experience. TWA was sold to American Airlines in 2000.

drsameagle Report

Final score:

19points

POST

Kona Pake 2 years ago

It doesn’t help when terrorists blow up your airplanes.

3points

#58

WeWork, a typical Unicorn with a chaotic leader and billions upon billions in unstable assets.

ytheon Report

Final score:

18points

POST

Jods 2 years ago

Isn’t there a docufilm on this?

0points

AHomicidalTelevision Report

#59

30 Of The Stupidest Decisions Made By Companies That Made Them Regret It Later Yik Yak

It was completely anonymous message posting at first.

I actually talked to the original founders at a start up intern fair in Atlanta back in Nov 2013. And they said their app was supposed to be some online localized public bulletin board where people can post about events or parties or study groups. Obviously it became like a fun anonymous messaging app.

They then obviously started to I guess make it less anonymous by introducing usernames which while they can still be throwaway username like we use on Reddit it certainly made people lose favor of the app. The eventually shutdown and I think Square acquired their employees for some amount of money. I think between $1-3 mil.

Crazy to think they were at one point valued at $350 mil..

downtimeredditor , pexels Report

Final score:

16points

POST

Chris Hardtke 2 years ago

This comment is hidden. Click here to view.

#60

U.S. Fire Arms Manufacturing Company. They used to make really old western style revolvers then they decided to spend a f**k ton of money making a gun called the Zip 22 which is now considered one of the worst guns ever made. They went bankrupt fast.

Final score:

15points

POST

J. F. 2 years ago

For more information: "Forgotten Weapons" on Youtube. Ian "Gun Jesus" McCollum explains the gun and the history. He also has a video with it on the shooting range

2points

#61

Digg.com went from user-submitted and generated to paid content

Reddit actually looked like garage students building an app. Digg was getting funded with hundreds of engineers on payroll.

Reddit is like version 1.11a of Digg 2.0. It's backwards but it's what the people wanted

notLOL Report

Final score:

14points

POST

Xenon 2 years ago

Reddit still looks like it was developed in a garage.

2points

#62

GAME in the uk.

Already had way to many stores per town. Their "rival" Gamestation was going to the wall, so GAME decides to buy it.

As it would have given them a massive share of the market, Monopolies and Mergers stated that if they brought them, they had to leave all the Gamestation stores open.

Rather than backing out, they went and brought them. Now, along with already having too many stores, they had failing stores on their books.

Combined with physical media shrinking in the video game sector, they went to the wall not long after.

They shut all the GAME stores, but left Gamestation open. Then, once they had been rescued, they either rebranded the Gamestation store back to GAME, or had 1 store in the previous best location in that town.

Deadeyescum Report

Final score:

13points

POST

James016 2 years ago

I used to buy from GAME years ago. Now there is Steam, developers' own stores and GOG

0points

#63

This one doesn’t get a lot of attention, but Suncoast started selling Netflix subscriptions back when it started up and was just a company that sent DVD’s through the mail… and now it’s hard to find a Suncoast. Granted, streaming wasn’t a thing, but they were already offering subscriptions to a service that was by definition making them obsolete.

Reisz618 Report

Final score:

12points

POST

Phill Healey 2 years ago

The early Netflix got into the market by offering existing outlets a cost free way to get into the mail order and then online market. These companies promoted Netflix and Netflix paid them a commission. Eventually these companies realised that they'd given away their potential to move into the growing online market and were left cornered with no easy way out. Netflix went on to take control of these market and then moved completely online killing off all the traditional physical media brands who were now to far behind to even go into online media and eventually all the big brands died off.

1point

#64

Playboy, when they stopped including nudes.

M2JoeSr Report

Final score:

10points

POST

The Scout 2 years ago

Not completely an absurd move, as nearly everybody, when asked, would tell you he was "just reading it for the articles"...

18points

#65

A famous blizzard quote is “you think you want this, but you really don't”. Slowly ruining all their IP's over the last 5 years, instead of listening to the player base. Every IP they had just slowly fading into non-existance.

ThotsForTots Report

Final score:

8points

POST

Jo Choto 2 years ago

Nobody has a clue what you are talking about.

21points

#66

WWE's mistreatment of former talent and fixation on Roman Reigns. This is ongoing and non-wrestling people will find this interesting. Roughly 8 years ago one of their top guys, CM Punk, infamously quit with no warning because of how overworked, bullied and ripped off he was behind the scenes. He had big companies come to him for endorsements, advertisements, merchandise, the whole nine yards but WWE declined all of it because they wanted John Cena or Brock Lesnar to be the only ones with those types of things. In the past two years much of the stars WWE built on their main roster have begun leaving the company to persue work at AEW, which is less toxic, more open and doesn't overwork their talent. Recent stars persuing AEW were fired with barely any warning, because WWE now wants to piss away money gambling on making the next John Cena by acquiring bodybuilders they'll hopefully mold into the next big thing. Their fixation is on Roman Reigns being the new John Cena, only he hasn't been successful at winning over the bulk of the audience. They've been pushing him to the spotlight for seven years, giving him cringey catchphrases and lines. It took him getting cancer and becoming a bad guy to be liked but he isn't selling the merch numbers John Cena was 8 years ago. To add fire to the flame, CM Punk came out of his 8 year retirement and returned to his hometown last Friday at an AEW event. The crowd was so deafenly loud that you could barely hear his themesong. This company allowed him the freedom to pay for free icecream for everyone in attendance, the story was featured on SportsCenter and he has been interviewed by several publications. These are all things WWE would have never let happen. On the horizon right now are another two of WWE's biggest stars bound to join AEW in less than a month. AEW also acquired a deal with WWE's former game developer partner, after a falling out they had with WWE because the company was overworking the developers and the devs wanted more time to work at a less stressful rate. WWE inadvertently created arguably its biggest rival yet, scorned their biggest stars, ruined their videogame partnership and are STILL fixated on a guy less charismatic than AEW's top stars.

invok13 Report

Final score:

7points

POST

User# 6 2 years ago

Nope, sorry, this non-wrestling person found this not to be interesting.

19points

Liucija Adomaite is a creative mind with years of experience in copywriting. She has a dynamic set of experiences from advertising, academia, and journalism. This time, she has set out on a journey to investigate the ways in which we communicate ideas on a large scale. Her current mission is to find a magic formula for how to make ideas, news, and other such things spread like a virus.

Read less »

I'm a visual editor at Bored Panda. I kickstart my day with a mug of coffee bigger than my head, ready to tackle Photoshop. I navigate through the digital jungle with finesse, fueled by bamboo breaks and caffeine kicks. When the workday winds down, you might catch me devouring bamboo snacks while binging on the latest TV show, gaming or I could be out in nature, soaking up the tranquility and communing with my inner panda.

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What do you think ?

POST

David Martin 2 years ago

At one point, the good people at M&Ms were approached by a film company about a cross marketing suggestion; You advertise our movie on your product, we feature M&Ms in a key sequence of our movie...win/win! M&Ms weren't convinced that the film would do well, and declined being connected to the project. Shorty thereafter, when Reese's was approached with the same offer, they said "Sure, we've got these new things called Reese's Pieces we want to get some attention for, let's do this." If you haven't figured it out by now, that film was a little known movie called E.T.

11points

Roxy Eastland 2 years ago (edited)

Phillip Green, an absolutely horror show, deliberately ran British Home Stores into the ground so he, his family, and his cronies, could all extract as much money from the chain as possible and just left the ordinary employees, and particular everyone owed a pension, out to dry. I miss that chain. It was a great place when you needed a straight forward thing, without it being trendy or fancy. A frying pan, a plain green tee shirt, black plimsoles for your kids, all decent quality and a good price. He has also wrecked Topshop, which used to be a highly regarded chain for fashion conscious youngsters, with clothes at affordable prices. He just got greedy and thought he could put all the prices up and people would still shop there just the same because of its reputation. Guess what. They haven't. A failure to react to competition from the likes of Asos and BooHoo have also taken their toll. I don't even understand how he's making millions from the collapse of Topshop, but he is.

10points

Gavin Johnson 2 years ago

Green only wanted to help one person, himself, he succeeded. He’s a scumbag. I too miss BHS, not fancy, good quality and reliable, not the cheapest but we should value those who are a step or ten above Primark and accept that quality costs a little more.

4points

MizAdeleM 2 years ago

No one brought up the Woolworth stores. I miss them. One of the largest was in downtown Boston and you could get just about anything there.

9points

Deborah Rubin 1 year ago

I really miss Woolworths. We used to call it the five and dime, like the other little shops there used to me. The one in my mall had a lunch counter and Mom and me were so often at the same time that the waitress remembered what we ordered every time.

0points

Jo Choto 2 years ago

I confess to not having heard of about half these companies in the first place.

5points

Rissie 2 years ago

That's why most stories are explained quite detailed. To paint you a picture. You don't have to know about a company to appreciate how stupid things were.

5points

Powerful Katrinka 2 years ago

Here's the ultimate scam: almost single CEO responsible for these fiascos walked away from the wreckage with golden parachutes worth hundreds of millions of dollars.

4points

Rens 2 years ago

South Africa... Brain drain and affirmative action has killed off everything that used to work like Eskom, roads, the police, every government department, hospitals....

2points

P.A.B. 2 years ago

Please explain.

1point

Ben Steinberg 2 years ago

I remember this one: Back in the early 80's, Apple computer made a terrible mistake and invested heavily in a machine they designed, called the Lisa (this was before they came out with the first Mac). It was an amazing machine but it was too much computer for the time (with a $10,000 price tag no less). It bombed and nearly tanked the company. But from the ashes rose the first Mac...

2points

Narunaru 2 years ago

Google and their messaging apps. A giant company with millions of users worldwide decided to f**k with everyone and pull the plug to messaging app after messaging app. Few years later, Whatsapp is the most used app in the world and no one uses Google to chat anymore.

2points

Dirk Daring 2 years ago

List fails without mentioning OnlyFans banning explicit content. Content creators fled the site in droves, subscribership dropped like a stone. OF quickly did an about-face on that decision, but they haven't quite recovered. Not a good idea to completely forget what your entire business model is.

2points

Ann Mohrmann 2 years ago

I miss the old Cracked. The only reason I go there these days (sporadically) is to read old articles. And yes, they often don't load for hours.

0points

Jason Johnson 2 years ago

No mention of New Coke. It is an interesting story and an insight into the nature of expectations and perceptions. Coke frustrated that Pepsi would consistently beat them in blind taste test (this was because Pepsi is sweeter) So they tried upping the sugar in Coke and created New Coke once Coke fans tried it they hated it, because they expect coke to taste a certain way. The Pepsi folks did not switch because they were happy with what they already had and saw New Coke as bad imitation, fail all the way around.

0points

Pascale Pierloot 2 years ago

Surprised no one mentioned Disney firing Johnny Depp...they could have done without the negativity and a dent in the image.

0points

Brandy Layton 2 years ago

Does anybody remember/ know what happened to T G & Y?

0points

Rick Drew 2 years ago

Add: Bored Panda allowing anyone to create these collections. Zero research, mostly opinions, poorly written.

-1point

fogharty 2 years ago

boredpanda is going down this hole by demanding content blockers be turned off at least three times before having the privilege of reading Reddit and Twitter content.

-1point

Stannous Flouride 2 years ago

How long before this article includes Spotify?

-3points

J. F. 2 years ago (edited)

This comment is hidden. Click here to view.

cugel 2 years ago

I hate tolerance, empathy and understanding too.

1point

POST

David Martin 2 years ago

11points

Roxy Eastland 2 years ago (edited)

10points

Gavin Johnson 2 years ago

4points

MizAdeleM 2 years ago

No one brought up the Woolworth stores. I miss them. One of the largest was in downtown Boston and you could get just about anything there.

9points

Deborah Rubin 1 year ago

0points

Jo Choto 2 years ago

I confess to not having heard of about half these companies in the first place.

5points

Rissie 2 years ago

That's why most stories are explained quite detailed. To paint you a picture. You don't have to know about a company to appreciate how stupid things were.

5points

Powerful Katrinka 2 years ago

Here's the ultimate scam: almost single CEO responsible for these fiascos walked away from the wreckage with golden parachutes worth hundreds of millions of dollars.

4points

Rens 2 years ago

South Africa... Brain drain and affirmative action has killed off everything that used to work like Eskom, roads, the police, every government department, hospitals....

2points

P.A.B. 2 years ago

Please explain.

1point

Ben Steinberg 2 years ago

2points

Narunaru 2 years ago

2points

Dirk Daring 2 years ago

2points

Ann Mohrmann 2 years ago

I miss the old Cracked. The only reason I go there these days (sporadically) is to read old articles. And yes, they often don't load for hours.

0points

Jason Johnson 2 years ago

0points

Pascale Pierloot 2 years ago

Surprised no one mentioned Disney firing Johnny Depp...they could have done without the negativity and a dent in the image.

0points

Brandy Layton 2 years ago

Does anybody remember/ know what happened to T G & Y?

0points

Rick Drew 2 years ago

Add: Bored Panda allowing anyone to create these collections. Zero research, mostly opinions, poorly written.

-1point

fogharty 2 years ago

boredpanda is going down this hole by demanding content blockers be turned off at least three times before having the privilege of reading Reddit and Twitter content.

-1point

Stannous Flouride 2 years ago

How long before this article includes Spotify?

-3points

J. F. 2 years ago (edited)

This comment is hidden. Click here to view.

cugel 2 years ago

I hate tolerance, empathy and understanding too.

1point