Remember Them? 17 Household Brands That Fell Victim To The Recession (PHOTOS)

First Posted: 09-10-10 02:11 PM   |   Updated: 09-10-10 02:41 PM

Here lies a leading big box electronics retailer, an iconic photography mainstay and a host of once ubiquitous consumer brands.

In the interest of recalling the dearly departed -- or just plain bankrupt -- consumer hallmarks that once populated our lives, we've compiled a graveyard of brands crippled by our most recent recession.

With consumers loaded with debt, the downturn has been particularly bad for big-box retailers, like Circuit City (which left 34,000 Americans jobless); Fortunoff, Linens N' Things; and Levitz Furniture. But the recession didn't discriminate by industry. Though a considerable amount of job losses were concentrated in industries like construction and real estate, stalwart brands in diverse areas of consumer world were also effected. The bedraggled U.S. consumer could no longer support standouts like Pontiac, Washington Mutual and even Gourmet magazine.

Below, we've compiled some of the top brands to have fallen victim to the recession. Some have emerged from bankruptcy, others may be gone forever. Which brand is most deserving of making a full comeback? Check them out below -- or suggest a brand we may have missed by clicking "Add A Slide."

 
Which brand done in by the recession is most deserving of being resurrected? Let us know!
Brands That Should Survive The Recession
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Kodachrome's Last Roll
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As the popularity of digital photography has exploded, demand for traditional film like Kodak's Kodachrome has essentially disappeared. When Kodak retired the 74-year old product in June, 2009, sales of Kodachrome were less than 1 percent of Kodak's still-picture film revenue. "Mama, don't take my Kodachrome away," begged Paul Simon in Simon and Garfunkel's 1973 hit. Sorry, Paul.
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orkt   0 minute ago (5:54 PM)
What a mish-mash this collection is ... most of these failures had NOTHING to do with the recession. Kodachrome? Really? Absolutely unrelated to the recession. Encarta? Nope. Saturn was dying even during otherwise booming economic times. And Circuit City was not subject to any different conditions than successes like Best Buy. Blaming the recession sounds like a convenient excuse for bad business practices or an obsolete product line.
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Marklar   5 minutes ago (5:49 PM)
Kodachrome being discontinued has nothing to do with the recession. Kodak has been slowly ending its old lines of film for the last 10 years.
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YMBM   6 minutes ago (5:48 PM)
Don't Blame This Recession for the extinction of these corporations! Credit it to innovation of new technologies and increase efficiency!
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time4change2009   14 minutes ago (5:39 PM)
Next....Blockbusters. and Burger King just sold out to Brazil.
ModerateVoiceofReason   17 minutes ago (5:36 PM)
Kodachrome's demise is analagous to the buggy whip's. Progress people.
earlyblue   24 minutes ago (5:30 PM)
"Fell Victim to the Recession"? Really? How about fell victim to mismanagement, greed at the top, and failure to evolve with the times. DUH!
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Mr Universe   30 minutes ago (5:24 PM)
Actually, I have't heard of over half of these brands/stores. Guess the recession was harder on the east coast than the west.
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DWGRadio   31 minutes ago (5:22 PM)
Oh wah! Fewer corporate brands. And Kodachrome wasn't a victim of the recession, it was a victim of technology.
yappnmutt   32 minutes ago (5:21 PM)
except for the kodachrome brand all of the rest of the companies were just poorly run companies.

the companies i would have liked to see are goldman sachs, jp morgan, morgan stanley, merrill lynch, bank of america and the fed.
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Andrew Shapter   50 minutes ago (5:04 PM)
Wow, all of this time I thought NWA was an airline founded by rappers.
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BroccoliD   44 minutes ago (5:10 PM)
I believe it was the name of the airline in Soul Plane
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A Thomas   44 minutes ago (5:10 PM)
Would there really be anything wrong with flying "Soul Plane"

The worst was Circuit City, because it leaves Best Buy and uncompetitive Regional competition for them. At least in Cali we have Fry's! to knock back Worst Buy.
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alieninvader   44 minutes ago (5:10 PM)
LOL!! I met NWA years ago. We were all very sea sick on a fishing boat. Despite their reputation, they were much nicer than the staff at Northwest Airlines.
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dylbud   56 minutes ago (4:58 PM)
Remember them? Hmmm...no, actually. I counted 9 out of 17 that I've never heard of.
NoSillyName   57 minutes ago (4:57 PM)
KODACHROME was not "done in by the recession". The venerable Kodachrome was done in by DIGITAL MEDIA.

A terrific loss to those of use who loved it.
freedom4allau   60 minutes ago (4:54 PM)
My favourite cars were all Pontiacs - miss that brand!
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pagangrandma   23 minutes ago (5:30 PM)
My husband and I both have Saturns, and we LOVE THEM. God I'm going to miss not being able to buy another one!
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climbing panda   1 hour ago (4:51 PM)
was it the recession or was it due to poor management? it's more likely poor management.
MilwaukeeMike   31 minutes ago (5:23 PM)
For many of these brands it was over-leveraging in good times. Notice which ones were private equity deals? Kodak was just stupid late reaction to the digital era. A dozen or so years ago they went into digital copiers and the like, then sold it off thinking it wasn't the future.
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climbing panda   15 minutes ago (5:39 PM)
so yeah, poor management.
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cyberfringe   1 hour ago (4:50 PM)
Good riddance to bad rubbish. Companies that pay attention, adapt, and deliver high quality will thrive.

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