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Friday, June 5, 2009

What Companies Are Offering Dollar Deal?

Just reading an interesting article on AOL Money & Finance
The article lists:
*
:: Major Companies Trying Dollar Deals
*
The Lure of the Dollar Deal
*
American companies are increasingly offering products for $1 or less. The most obvious reason is to keep customers during a recession.

*Radio Shack-advertized .99 batteries over Memorial Day weekend
*WalMart-now offers a $1 aisle including products like Knorr Pasta/Rice Sides, Crest Toothpaste and Angel Soft bath tissue 4 pk
*Pillsbury-offers $1 Pillsbury Brownie Mix at Walmart (involving coupons)
*Kraft Foods-offers Kraft Mac and Cheese Crackers (involving coupons)
*Starbucks- offers three instant coffee packets for $2.95
*E*Trade (ETFC)- offers $.75 per options contract trade
*AppleThe Apple iPhone Apps store-offers both free and $.99 applications.
*WeatherBug-offers a $.99 application for Apple iPhones
*RedBox-offers $1 DVD rentals with no late charges
*McDonalds-offers $1 items such as "Fruit N Yogurt Parfait", a small order of French Fries, the McDouble Sandwich, fruit pies, McChicken sandwiches, small soft drinks, side salads, and hot fudge sundaes.

The article also lists:

::12 Companies That Will Disappear::

Gone by End of 2010?

*Crocs-In late 2007, Crocs' (CROX) shares traded at more than $72. Now they change hands at well below $2.
*Borders-has struggled for several years as No 2 behind Barnes & Noble
*Old Navy-sales are flat and dropped 28% in March 2008
*Avis/Budget-as the travel industry continues to falter, problems at Avis/Budget will worsen
*Saturn-GM facing bankruptcy will close it poorly performing brands
*Esquire Magazine- is published by Hearst which is having substantial problems in both its newspaper and magazine divisions.
*Architectural Digest Magazine- has lost 47% of its ad pages this year
*Chrysler LLC- faces a problem similar to the one that GM faces with its weakest brands.
*Eddie Bauer-stocks trade for .38 a share down from $8 a share in September, 2008
*Palm-has been at deaths door for sometime.
*AIG-may be the only large company in America that management and the Federal Government wants torn apart.
*The Travel Industry-There is no question that two of the US largest flag carriers will have to merger to avoid bankruptcy

::10 Companies That Will Lead Us Out Of A Recession::

*Target
*Starbucks
*CBS
*Ford
*American Airlines
*Dell
*Yahoo!
*E*Trade
*Staples
*Electronic Arts-maker of video games

The predictions for this article came from 24/7 Wall St. It will be interesting to see how thier predictions pan out.

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