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Building a business is no small feat. Done right, it can lead to incredible success. Done wrong, it can all come crashing down, sometimes in the most ridiculous ways.

One Redditor asked users to share companies that deserve a “Corporate Darwin Award” for causing their own downfall, and the responses did not disappoint. From jaw-dropping mismanagement to baffling decisions, these stories prove that even the biggest businesses aren’t immune to a little self-destruction.

Scroll down to see the most unforgettable examples.

#1

Walmart store exterior at sunset, illustrating companies competing for the corporate Darwin award for business failures. WalMart in Germany.

Went there in the late 90s. Didn't do any market research and just thought "What we sell in the US will be a success here too", which not just lead to them selling products that Germans weren't familiar with, in capacities that no German would ever buy, but also stuff like bedsheets that didn't fit on German beds.

Even worse: They apparently didn't know how well regulated workers rights are in Germany compared to the US, so when they did things like forcing the employees to start the workdays with cult like chants, forbid co-workers to have any kind of romantic relationship AND encouraged the staff to snitch on them if they would see someone hold hands or kissing, they got sued and after a few years just though it's easier and cheaper to get the [hell] out of Germany, instead of adjusting to the culture.

Hausgebrauch , Mike Mozart / flickr Report

Na Schi
Community Member
1 month ago (edited) Created by potrace 1.15, written by Peter Selinger 2001-2017

Well deserved. In the next big city (Edit: in Germany) were I was living also a WalMart opened at that time. And all friends who went there said it was a strange and underwhelming shopping experience. They said you had to walk miles and miles through isles to only find packaging sizes that could feed a small army but were way too large for a single, two- or three-person household. Mind you most Germans shop at least once a week if not several times a week (especially in larger cities). They are not used to do all the shopping once a month (which might justify larger packaging sizes), nor have they the pantry/fridge capacity to store so much food/such package sizes. Not to mention that it is kind of stupid to buy fresh goods in bulk (in my opinion). Then the newspapers picked up on how WM treated their employees. I made the decision to not support this and never go there. Seems like I was not the only one.

Angie May
Community Member
1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

American here, I worked at Walmart as a teen. Absolutely abhorrent working conditions and they DO make you do those chants (or at least they did in the early 2000s). I lasted a couple of months before walking out.

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Onan Hag All
Community Member
1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

They learned that you cannot treat people in civilised countries the way you treat Americans.

Maggie Fulton
Community Member
3 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

They got sued in the US too. Really appalling business practices.

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Trillian
Community Member
1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

Also we have several well established discounters like Aldi and Lidl so it's not like we were waiting for a Walmart

Earonn -
Community Member
1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

Went in there once. Bought a pack of shredded cheese. I didn't know that horrible cheese replacement even existed, sorry for having good food in Germany. Ewww, it was ugly! Never went back again.

Nirdavo
Community Member
4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

Apart from the blatant disregardof german labor laws, what disappointed me most was that the did not carry popular american brands. The american section was about half an aisle in a -huge- store; the rest was stuff you could get in any other german supermarket - and cheaper there, as well.

Suby
Community Member
4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

I'm German and have been living in the US for a long time, and I love Walmart, Sam's Club, and similar stored - for my American house, car, and lifestyle. When I'm living in Germany, I just shop at small grocery stores and specialized stores (bakery, butcher shop, etc.) like everyone else, just because it fits the lifestyle there. (Smaller fridge, less storage space, better public transportation, etc.) Walmart really should have done some research and adjusted their concept to the culture and infrastructure there.

Laserleader
Community Member
4 weeks ago (edited) Created by potrace 1.15, written by Peter Selinger 2001-2017

I heard of a Walmart that went to a destitute American city and had to close after a few years because they treated the employees so bad that it became a free for all for stealing. My city has the "smallest" Walmart and they are lucky because everyone lives on islands and often shop only once a month when they boat over.

Slapdash1
Community Member
4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

Third world cultists trying to establish a foothold in the civilised countries. Ain't nobody wants you here 'mirkins

Sven Horlemann
Community Member
1 month ago (edited) Created by potrace 1.15, written by Peter Selinger 2001-2017

Yeah! I don't miss the one we had in my hometown. Not at all.

hannahbahngswife
Community Member
4 weeks ago (edited) Created by potrace 1.15, written by Peter Selinger 2001-2017

Workers can't get in relationships at Walmart??

Na Schi
Community Member
3 weeks ago (edited) Created by potrace 1.15, written by Peter Selinger 2001-2017

Obviously they can't. Don't know about the USA where labor-rights aren't more than a wish. But they tried in the late 1990s/early 2000s to press this policy onto Gernam workers. Being to stupid too recognise that Germany has real workers' laws in place. And as soon as WM policy got public a lot of Germans got repelled! Not to mention that also other supermarket chains tried (and maybe succeeded) to sue and added in their commercials that they treat their employees right (well the latter is open for discussion, but they truly treated their employees much better than WM).

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    #2

    Vintage portable computer with built-in screen and keyboard, symbolizing companies competing for corporate Darwin award Osbourne Computers were selling portable computers and let it slip that the next version was going to be even better. So a lot of potential buyers just decided to wait until the next version was available. Trouble is, without the sales of Version One, they didn't have the funds to bring Version Two to market and they went out of business.

    They call that The Osbourne Effect.

    The_Safe_For_Work , Casey Fleser / flickr Report

    Hugo
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    The name was Osborne.

    geezeronthehill
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Salespeople. What are you gonna do?

    Chris the Bobcat
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    I'm more a fan of the Osbourne Effect that gifts awesome music and a greater appreciation of bats.

    #3

    Taco Bell sign outside a restaurant, illustrating one of the companies in the corporate Darwin award competition. Taco bell in Mexico. All stores closed within 6 months of each other…reason? While latinos enjoy it in the U.S., street vending reigns supreme in Mexico in terms of quality and price.

    chicano32 , Phillip Pessar / flickr Report

    martin734
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Selling an American version of a taco in the home of the real taco wasn't a great idea.

    Angie May
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    It's like opening an Olive Garden in Sicily

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    Ace
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Analogous to Starbucks early attempts to penetrate the Italian coffee market.

    Huddo's sister
    Community Member
    3 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    It hasn't been all that successful in Australia either, as far as I can tell. It seems like we are less likely to put up with getting food poisoning. There was another Tex-Mex place where I used to live that had the same reputation. My mum went there once, got sick and never went again.

    Tiarana Larsson
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Tacobell is opening one store in stockholm, sweden.. We laugh even now befoere its even opened

    Pyla
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    The best four tacos I've ever had in my life were from a street vender.

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    #4

    40 Companies That Deserve A “Corporate Darwin Award” For Destroying Their Businesses A brand new poutine restaurant opened near me at the start of the pandemic (unfortunate timing). They put out a social media campaign offering a discount if you went in without a mask. Immediate boycott and fines. I think they were closed within two weeks.

    TheSeansei , freepik Report

    Binny Tutera
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Foolish and tone deaf campaign.

    Joe Methuen
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    US farmers probably expected to have a bailout like they got the first time this president was in office. They aren't getting a bailout this time. The billionaires are the ones getting the bailout money... in the form of tax breaks.

    Joe Methuen
    Community Member
    4 weeks ago

    This comment has been deleted.

    Nova Rook
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    I could go for a belle pro pooter right now.

    #5

    40 Companies That Deserve A “Corporate Darwin Award” For Destroying Their Businesses Small businesses too. Farmers voting for tariffs. Or any business voting for tariffs. I know a few that went under. Bon voyage.

    j_rooker , gpointstudio / freepik Report

    Stardrop
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    i feel bad for the farmers that lost their livelihoods, but they also make it really hard to empathize with them when their thought process basically was: "i KNEW he would s***w people over, but i didn't know he would s***w ME over!!!"

    Sven Horlemann
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    FAFO. I have absolutely no empathy for tRump voting farmers.

    Pyla
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    My farm county went blue for the first time. We have farming in which 1) we've never lost a crop and 2) produces the most of one item in the whole country, so these farmers were doing well (I was a banker and saw the $$$$$$$ going through their accounts). BUT tariffs have fccked them up.

    Chris the Bobcat
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    So, they voted for a convicted felon, a cruel man and someone with five bankruptcies on his record? Now they're complaining it happened to THEM? Too bad, so sad, boo hoo, fvck you.

    Min
    Community Member
    Premium
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    You'd think they'd have learned from the farmers and small business owners that voted for Brexit, but no....

    Ravenkbh
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    THE LEOPARDS EATING MY FACE!!!

    Chich the witch
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    A lot of interviews where people thought/think the other countries would pay the US to bring their products in. Saddest one was a guy who was arguing until they made it painfully clear using his own import bushiness as an example. The final look of "oh S**t" on his face was something.

    Michael Largey
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Tariffs are an 18th Century economic device being dropped into a 21st Century economy.

    Poppy
    Community Member
    3 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    It was the same in the UK. Small business owners voted for Brexit and then just tanked their business because they traded with European companies and the increase in red tape bringing goods into the UK and the extra costs that involved just k****d a lot of business'

    Learner Panda
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Many farmers in the UK voted for Brexit, because they thought they would get better grants and sales. That didn't work, did it?

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    #6

    Packaged Dasani purified water bottles with plant bottle recycling logo, representing companies competing for Corporate Darwin Award. Dasani, the Coke owned water brand tried launching in the U.K. in the early 2000s. Dasani is filtered municipal water launched into a market where natural spring water brands were very well established. Presumably Dasani just hoped that the fact it was filtered wouldn’t be noticed.

    Pretty much as it was launched the newspapers exposed the fact that Dasani used water from a London suburb. It was seen as such a joke that a very popular TV sitcom ran an episode where a dodgy trader tried to sell London tap water as premium mineral water. The brand was [gone from] the U.K.

    Thorazine_Chaser , Mike Mozart / flickr Report

    sbj
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    The sitcom episode mentioned from Only Fools and Horses was actually broadcast in 1992 , so years before this joke of a product was sold

    Ryan-James O'Driscoll
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    The sitcom was years before Dasani entered the market. And the main issue wasn't really the fact that is was tap water, although that didn't do it any favours. What k****d it off was the water used being contaminated with bromate.

    martin734
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    The UK consumes relatively little bottled water compare to many countries as out tap water is usually of a high standard. Some tests have shown that the tap water in many UK areas is of higher quality than many bottled waters.

    liam newton-harding
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Tom Scott does a wonderful breakdown of this clusterf*ck of a release on his YouTube channel.

    UKDeek
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Brilliant video on YouTube from Tom Scott about this. Link in reply below...

    UKDeek
    Community Member
    1 month ago

    This comment is hidden. Click here to view.

    https://www.youtube.com/watch?v=wD79NZroV88

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    Crouching_Penn_Hidden_Teller@yahoo.com
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    bottled water is a ripoff anyway. it's almost always just tap water in bottles.

    detective miller's hat
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Dasani is nasty, it's got an aftertaste like Philly tap water. Also still water should not pfffft when you open the bottle.

    The Other Guest
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    In case anyone's wondering, the horrible terrible not fit for our delicate senses word that was changed to [gone from] is "d‍ea‍d."

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    #7

    40 Companies That Deserve A “Corporate Darwin Award” For Destroying Their Businesses There was this guy who owned a casino in Atlantic City NJ. It was doing well, so he decided, why not open a second casino in Atlantic City and make twice as much money? The new casino got half the business by pilfering business from the old casino. His overhead costs doubled with 2 casinos and his income plummeted. Both went out of business.

    CarmichaelD , mingyue / freepik Report

    Na Schi
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Mhhh, who could this guy have been 🤔? Let me guess, he has an orange hue to him and is now on the way to bankrupt/destroy a whole country?

    Michael Largey
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    He should have torn down one casino and built a ballroom.

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    detective miller's hat
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    I feel like if you manage to bankrupt A BLOODY CASINO, it should be obvious to literally everyone that you should never run anything at all ever again.

    Chich the witch
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Well, you have to remember that his supports are not renowned for their cognitive skills.

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    STress
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Then he got himself elected as a US President.

    martin734
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Isn't he the same guy who is now running the USA?

    Angie May
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Running it directly into the ground, just like the casinos

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    Scott Rackley
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    This same person bankrupted 3 additional casinos.

    Chris the Bobcat
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    The Taj Mahal (not the real one, the Atlantic City monstrosity) is now a Hard Rock. The Seminole Tribe in Florida runs a better casino business there than the traitor trump ever could.

    liam newton-harding
    Community Member
    3 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    There was also the fact that this "businessman" didn't think he had to maintain his casinos...He thought he could keep the same, decades old decor, of the properties he bought, and that his marks would lap it all up.

    Malamutes
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    You look at the business model for a casino; "You give us $500.00, and in return we'll give you two free beers served by a scantily clad young woman" and it's idiot-proof. It's nearly impossible not to make money that way. Trump has gone broke with it. Twice. That's who is in charge of our nations finances.

    John West
    Community Member
    4 weeks ago

    This comment is hidden. Click here to view.

    Of course, when Trump does it, it's stupid. When MGM or Caesars does the same thing, it's sound business sense.

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    #8

    Ratners storefront with shoppers walking by, representing companies known for dumb ways they went out of business. Ratner’s Jewelers chain in the UK. Had a major market share of high street business countrywide and the owner Ratner made comments at a CEO conference saying how [bad] his products were and the group almost went bust losing £500 million.

    Common-Ad6470 , Signet Jewelers Report

    Ace
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    It went something like "How can we sell this stuff so cheap? Because it's rubbish, that's how."

    UKDeek
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    The infamous "our earings are cheaper than a prawn sandwich from Marks and Spencer's, but I have to say the sandwich will probably last longer than the earrings". Way to go Gerald!

    Chich the witch
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Does make one wonder what exact purpose a CEO has. Seems a lot of them ruin a company, get a big payout and move on to the next one.

    MalP
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    i remember this one...and I'm in the US.

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    #9

    Vintage Schwinn road bike with drop handlebars and thin tires parked against a concrete wall for Corporate Darwin Award. Schwinn Bikes. Outsourced to contract manufacturer in China/ Taiwan. Didn't have a noncompete agreement. The contract manufacturer started making their own bikes.  

    jjflash78 , quami77 / flickr Report

    martin734
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    It wouldn't have made a difference if they did have a noncompete agreement. The Chinese manufacturer would still have broken it and Chinese courts never rule against Chinese companies vs foreign companies. If you want to protect your company's rights and property, stay out of China.

    Pferdchen
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Sounds something like being an independent seller on Amazon. IIRC, you have to hand over info about suppliers and manufacturing. Then, if your product is successful, they come out with a cheaper version from China and promote their version. Can't attest to this personally, just something I read...

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    Chris the Bobcat
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Oh man, I'm old enough to remember when Schwinns weren't subpar rubbish living off a historic name. Thanks BP...

    monsieur mabel
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    ...we had schwinns in the 60s with banana seats and motorcycle handlebars.....soooooo 😎 !!

    Pyla
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    If you read Peter Hessler's Country Driving you will realize "non-compete" in China is a very new concept, and even then, not a great application of it, hence Temu, Alibaba, etc.

    geezeronthehill
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Schwinn was never good at decisions. They always used non standard accessories, so regular bike shops had to buy parts from them in addition to standard inventory. They also made some of the heaviest frames around. We called Schwinn the Chicago Pipeworks.

    Jalunney
    Community Member
    4 weeks ago

    This comment has been deleted.

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    #10

    Two outdated Motorola cell phones on a wooden surface illustrating corporate Darwin award for dumb business failures. Motorola [ended] itself by letting Robert Weisshappel continue to run the cellular division long after it was plain that digital was the future. Instead, he said in the mid-90s "Forty-three million analog customers can't be wrong" and the board turned a deaf ear to his colleagues that were begging for a little bit of money to develop the next gen of phones. Nokia came in and dominated the market and Motorola faded away.

    inode71 , Cat / flickr Report

    Manic Mama
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    I have a Motorola phone. i love it.

    Heffalump
    Community Member
    1 month ago (edited) Created by potrace 1.15, written by Peter Selinger 2001-2017

    The Motorola Phone you have now is related to the Motorola OP was talking to only by name: the brand has been resold multiple times. Just the brand: not the designers or any of the people, just the right to put the Motorols logo on the plastic.

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    Hippopotamuses
    Community Member
    4 weeks ago (edited) Created by potrace 1.15, written by Peter Selinger 2001-2017

    ... and then Nokia made a miscalculation, and went the same way. Big time!

    Sara Frazer
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    *reading this on my Motorola phone*

    martin734
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Motorola haven't faded away here in the UK, my current phone is a Motorola as was my last one. I prefer them over Samsungs as they have far fewer unnecessary apps installed and an easier to use UI.

    IORN
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    That Motorola is owned by Lenovo.

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    Kabuki Kitsune
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Motorola didn't "fade away", but got absorbed by another company. The company still produces its phones, but they have a relatively small market share. You primarily find them being sold by places like Boost Mobile.

    The Other Guest
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Kil‍l‍ed itself. Yes, I know it's (most likely) a bot that does the censoring & it's pointless to correct it. Makes me feel better though.

    UKDeek
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Would hardly say Motorola faded away. Still making excellent handsets, and they have just launced a mid range Android phone that 5.9mm thick

    JL
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Original Motorola died. The name was bought by Lenovo.

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    #11

    Woman in video call on laptop reflecting on corporate failures with 70 companies competing for corporate darwin award. I still, to this day, have no idea how Skype didn’t absolutely CRUSH it during the pandemic. People knew what Skype was and many even had accounts already. It was tailor-made for the pandemic…and then…it just failed. So over complicated compared to Zoom. And the rest is history.

    Professional_Bundler , Allan Henderson / flickr Report

    JB
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    The word "Skype" had entered the lexicon as synonymous with video call, the way Googling is searching. It's in tv shows and such! They really screwed the pooch on that one.

    Daniel Atkins
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Well Microsoft bought it so I think they just let it go and scrapped it for Teams.,

    Anke Dieken
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Yes. Just a few days ago I accidentally opened Teams and there they were - all my old connecionns and conversations from Skype...

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    Bob Jones
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Zoom's master-stroke was making it very simple to install and use (and not worrying about pesky things like security), so anyone non technical who had not used video calling before could be up and running quickly. This is exactly what was required when the pandemic hit. People wanting to using it instead of skype/teams cause a lot if headaches for us IT security people in large corporations

    Huddo's sister
    Community Member
    3 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    The funny thing is, since the pandemic, I rarely use Zoom either, mostly Teams

    Jan Rosier
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    for private use? never... business? my company provides ms teams... so teams it is. I do like the groupchat between our dept of about 6 - 7 people, it's healthy mix of useful 'on the spot' business info, together with venting about stupid behaviour and silly questions from other depts, and the occasional joke or cartoon.

    Jeremy James
    Community Member
    1 month ago

    This comment has been deleted.

    Francois
    Community Member
    1 month ago

    This comment is hidden. Click here to view.

    What is Zoom? I mostly use Teams (which is Skype business incarnated) as does the rest of the world.

    Andi
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    zoom is simpler to set up and use and you can meet without downloading . zoom saved the pandemic not teams

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    #12

    Vintage advertisement featuring Hedy Lamarr promoting weight loss with Aylds, illustrating dumb ways companies went out of business. There was an appetite-suppressing chocolate in the late 70s/early 80s called AYDS.

    You can guess what happened next.

    ditchdiggergirl:

    The mistake was in deciding not to rebrand or alter their name. It was under discussion, IIRC and they decided it wasn’t necessary.

    Drewey26 Report

    Pferdchen
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Obligatory "It's Headly!"

    Scott Rackley
    Community Member
    4 weeks ago (edited) Created by potrace 1.15, written by Peter Selinger 2001-2017

    Mel liked that gag so much he did it to Harvey again with Count de Money

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    Panda-sized Potato
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Ayds had existed since the 1940s. Arrogantly, they decided not to change the name because they've been selling for decades. When they did decide to change it, they chose "Diet Ayds." Obviously a failure.

    roddy
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Probably would have survived if the stuff had actually worked.

    Pyla
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    I remember seeing them in the store in the 70's.

    Ace
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    This is 1874. You'll be able to sue *her*

    bobbycurtis
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    My mom used to buy Ayds. I snuck a box of them under the dining room table one day and ate about half of them. It was a very long night.

    Louise
    Community Member
    Premium
    3 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    My Mum had some and I tried them too. I don’t remember why it was a bad idea! Were they laxative or something?

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    Riley Quinn
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    I remember these. Nearly every household had a box where I lived.

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    #13

    Godfreys store with vacuum sales and repairs, featured among companies competing for corporate Darwin award for business failures In Australia there was a chain of stores called Godfreys which only sold vacuum cleaners and associated accessories. At their peak they were 60 stores across the country...just selling vacuums.

    They were offered to be the sole distributor of Dyson products but passed.

    Went bust a few years later after a very slow and painful retailing [demise].

    ringo5150 , Newtown grafitti / flickr Report

    UnclePanda
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    On the Oregon coast, I saw a cute, small retail building, all by itself, maybe five miles from the nearest town, closed and boarded up. "Just Thimbles." I guess it was somebody's retirement project but to this day, I keep wondering, "Didn't they have any friends they would listen to?"

    Laserleader
    Community Member
    4 weeks ago (edited) Created by potrace 1.15, written by Peter Selinger 2001-2017

    Someone opened a candle store this last year, and they have spent thousands of dollars on fancy decorating and a customized gate but only has a handful of candles, and I have never seen them have a single customer (no one buys candles because candles dont go bad or ever get used). All I can think is it's for money laundering.

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    Jeremy James
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Almost every place I've been to in the US has a dingy little storefront somewhere that says, "Vacuum Repair." It's got to be money-laundering, right? You can't convince me they're still doing enough legitimate business to pay rent.

    UnclePanda
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    You answered your own question - "Almost every place I've been"

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    Bob Jones
    Community Member
    4 weeks ago (edited) Created by potrace 1.15, written by Peter Selinger 2001-2017

    I once made the mistake of going into one. Their sales people were also heavily on commission and pushed to sell their own expensive but rubbish home brand

    LSD
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Godfreys still exists, they’re just online only now

    Hippopotamuses
    Community Member
    4 weeks ago (edited) Created by potrace 1.15, written by Peter Selinger 2001-2017

    I don't know about Australia, but in NZ, Godfreys pedalled Hoover. A brand which was seen as having become inferior in quality to NZ customers.

    Huddo's sister
    Community Member
    3 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    My main memory of Godfreys is their ads in the 90s/00s (and probably beyond) where they demonstrated vacuums holding a bowling ball up.

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    #14

    Target store exterior with red signage, illustrating a company in the corporate Darwin award competition for business failures. Target Canada: they bought the retail space of Zellers, a well known Canadian company that just went bankrupt after a slow [demise] defined by depressing half empty stores. Then they didn't properly plan the supply chain so the new Target stores were also half empty because products weren't arriving on time. Add to that that both Zellers and Target use the same red and white colour schemes and it wasn't really clear how Target was actually different from Zellers (which no one had been shopping at) - Target left Canada very quickly after taking massive losses.

    I believe that this is now well-known a case study of how not to enter a new market.

    alpaqa_stampede , Kimco Realty / flickr Report

    JB
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    The real main problem was they tried to do too much. They bought ALL the Zellers leases and tried to open so many sites at the same time. Had they done a limited expansion into Southern Ontario and built their supply chain and reputation for a couple years, they could have expanded nationally. But when you try and make a supply chain for Ontario and Quebec and Halifax and Winnipeg and Vancouver and Campbell River and Thunder Bay.... They are too spread out. That they built up the hype that it would be better than Walmart at comparable prices just made it worse, as their overextension and sourcing issues (Canada has different laws, so they couldn't offer the same products as in the US) made it impossible for them to beat Walmart's prices.

    The Other Guest
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    De‍ath, not demise. Would not be surprised if "demise" starts getting censored soon, too.

    Wendy
    Community Member
    Premium
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    I went to Target twice when it was in Canada - I'll stick with GT

    K Barnes
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    It was also poorly managed. Had a friend who worked there and they would have empty end caps and promotional displays due to the supply chain issues and the items on promotion not being available but were not allowed to place other items on them to fill the premium space up. So stupid. I was reluctant to shop at an American chain that replaced a Canadian one.

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    #15

    40 Companies That Deserve A “Corporate Darwin Award” For Destroying Their Businesses Wizards of the Coast.
    The CEO decided he didn’t need people who knew Dungeons and Dragons to write good work and that we are all beholden to their product since it was the original. The moron has tanked the company. He wanted to get money from 3rd party sellers so he wrote it into the gaming license that anything they wrote would be owned by WOTC. That pretty quickly removed any goodwill from the entire gaming community.

    mistrornge , Chris Gerrard / flickr Report

    Angie May
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Some folks at Larian Studios, who made the massively popular Baldur's Gate 3, said that working with WOTC was so constricting that they didn't want to make BG4, which is a d**n shame

    Blackmoon The Dragon
    Community Member
    4 weeks ago (edited) Created by potrace 1.15, written by Peter Selinger 2001-2017

    That's also kinda why Pokemon tanked there I think! Nintendo wanted their IP back because the company mishandled it and just made the idea/brand dead, after they shifted companies the brand bounced back much easier and better.

    UnclePanda
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    We eventually went to Steve Jackson's GURPs - Generic Universal Role Playing System. Genre-free and only three six sided dice. You never have to look at a table mid-combat, and the die distribution is rectangular instead of a normal curve, which is much easier for the human mind to do quickly.

    UKDeek
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    I remember GURPS when it came out - had some excellent rule books in the 90's. I loved running GUPRS The Prisoner

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    #16

    40 Companies That Deserve A “Corporate Darwin Award” For Destroying Their Businesses I worked with a guy who used to work at Kodak Corporate in Rochester, NY. He said that in the early 2000s, a company meeting they discussed the rise of digital photography. Kodak knew it was a threat to the film business, but "we figure we have 20 years to transition". Ten years later, Kodak was bankrupt.

    RogLatimer118 , kanonn / flickr Report

    Steve
    Community Member
    1 month ago

    This comment is hidden. Click here to view.

    Kodak was the one that invented digital photography. https://archive.nytimes.com/lens.blogs.nytimes.com/2015/08/12/kodaks-first-digital-moment/

    Hippopotamuses
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Why is BP hiding any comment with a web link? Is there no one at BP to manually check web link content, or has BP been reduced to nothing more than an AI bot?

    Norm Gilmore
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Yeah. While I still find BP entertaining (for the moment) it's like the pleasure is being taken away by a thousand cuts...

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    Chris the Bobcat
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Honestly, I thought Fuji made better film, so I jumped ship a long time ago.

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    #17

    Sears store sign on building exterior under clear sky, representing companies competing for corporate Darwin award. Sears had the stores, the distribution network, the buying power, the mailing list, and the cash to have become an incredibly powerful hybrid retailer. Same is true when WalMart came along. Had they just adjusted their model and thrown a [lot] of resources at it, they could have crushed both like a bug.

    But, dinosaur that they were, they just stared at the WalMart and Amazon comets and did nothing until they were flattened.

    Sinz_Doe:

    Sears had everything they needed to be what Amazon is, but were lazy.

    AnybodySeeMyKeys , Mike Mozart / flickr Report

    Child of the Stars
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    The funniest part is that Sears started as a mail-order company over a century before they went bust.

    Michael Largey
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    The Sears catalog was the Amazon of a hundred years ago.

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    Philly Bob
    Community Member
    3 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Sears had everything! had they'd gone online, they'd be huge but they wanted to remain brick and mortar. K****d them. Can you imagine an online "Christmas Wish Book" right now??

    UnclePanda
    Community Member
    1 month ago (edited) Created by potrace 1.15, written by Peter Selinger 2001-2017

    Sears was killled off for profit by some guy named Lambert, a venture capitalist.

    Mario Clouâtre
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Sears didn't sell cheap chinese c**p and their employee were unionized. They were not based on giant distribution centers either. While they certainly could had done a better job with online shoping. They never could had competed with amazon.

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    #18

    Children excitedly playing educational software on a vintage computer, showcasing learning company products that failed in business. In the late 90’s there was a company called The Learning Company. One year they had a brilliant idea to sell their boxes of software at a discount for $10 while offering a $10 rebate.

    They didn’t put a date limit on the rebate.

    They didn’t restrict it to a single household.

    They didn’t put any safeguards on the number of rebates that could be collected accounting-wise or in legal terms.

    The typical claim rate for rebates of that type was something like 5-10% of all purchases would claim a rebate. It ended up being >85%.

    Not only did the company sell more units in that single year than all previous years together but they earned so little money that they drained the company’s cash reserves and went into debt in under a year.

    Then the bad effects became apparent… the market was so saturated with educational software that no one needed or wanted it.

    Schools had already bought every copy needed and claimed the rebate so zero dollars revenue.

    Home purchases were curiously skewed and they realized that word had gotten out. Home buyers were buying dozens to hundreds of copies and claiming the rebates. Again zero revenue. Then those same buyers were turning around and donating their software copies for a charitable write off. All the while, TLC made no money.

    The fallout was that TLC went from a world leader in the industry to being sold to Mattel corporation then for pennies on the dollar to a private equity firm. Mattel was crippled by this for years and the entire debacle was been referred in business schools as possibly the worst business deal in the late 90’s.

    I saw this occur firsthand.

    WrongOnEveryCount , Tony_Tanna78 / reddit Report

    Gene McCubbin
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Kevin O Leary (MR Wonderful) bought TLC, through his entity SoftKey. SoftKey sold it to Mattel.

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    #19

    Blockbuster Video store closing with large yellow sign, illustrating companies competing for corporate Darwin award. Blockbuster refusing to buy Netflix for $50 million. "Streaming will never catch on" and "laughed them out of the room" Netflix currently valued at $1200/share and company is worth 512 Billion.

    LankyGuitar6528 , Consumerist Dot Com / flickr Report

    Ryan-James O'Driscoll
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Netflix was not a streaming service at the time. It was a relatively low value dvd rental service. Blockbuster made a sound business decision. Had they bought it, it would have been competing with itself and probably would not have evolved into what Netflix became.

    Kabuki Kitsune
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    It doesn't hurt matters, that one of the main reasons Netflix went to a streaming type service, was the closing of Blockbuster spelled the downfall of video rental places. Blockbuster being the largest such chain, when it went, most everything else followed suit, and the general public started to question why they'd wait bother renting something they'd have to return.

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    liam newton-harding
    Community Member
    3 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    There is a great breakdown of this on Youtube, how everyone says that BlockBuster should have brought Netflix. But at the time Netflix was hugely over valued, and was not making a lot of profit. Netflix had huge overheads, at the time, because they had not moved to the business model where their customers stored the dvd's, rather than storing them in large warehouses...and streaming was not even being considered as "a thing" at the time.

    #20

    Storefront of Toys R Us with clearance sale signs, illustrating companies competing for corporate Darwin award business failures. Toys R Us thought that e-commerce was just a fad that would pass.

    They got so many orders on their website that they couldn’t get them all out in time.

    Then they PAID amazon $50 million a year to sell AND a percentage of their sales to use their marketplace, and be their only seller of toys. So when you went on the toys r us site, it would redirect you to their amazon shop.

    Amazon literally learned their whole business and turned their back on Toys r Us and started selling the same stuff without them. Toys R us won the lawsuit and made their $50m back but at that point, customers stopped caring about toys r us and started buying toys on amazon instead.

    duuchu , Mike Mozart / flickr Report

    Jeremy James
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    In 2005, they were bought out by a group of private equity firms. The buyout was leveraged, so it put the company over $5B in debt. They got a raw deal with Amazon, but servicing their debt to the tune of $400M+ every year is what really crushed them.

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    #21

    40 Companies That Deserve A “Corporate Darwin Award” For Destroying Their Businesses The British division of Hoover has to be one of the top Darwin Awards. They offered two free round trip tickets to the US (value of over 600 pounds), to customers who purchased 100 pounds in Hoover products. 

    Von_Baron:

    It was cheaper to buy a hoover, use the plane tickets and just give away hoover. It had a long term effect on the brand because you could pick up the hoovers for next to nothing in second hand and charity shops. Which meant that for years after the promotion ended their sales were down because everyone already had one.

    sixshots_onlyfive , INTV1980 / Wikipedia Report

    Riley Quinn
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Yet despite this, Hoover is the British generic term for vacuums.

    highwaycrossingfrog
    Community Member
    4 weeks ago (edited) Created by potrace 1.15, written by Peter Selinger 2001-2017

    I do currently own a Hoover, as do my parents and sister, although I imagine they have been bought out since this promotion happened

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    #22

    Just for Feet logo with tagline about being the world’s largest athletic shoe store, representing a company gone out of business. Just For Feet and the Super Bowl ad.

    Basically, it was an ad where white guys in a jeep are chasing a barefoot black man through the brush. They shoot him with a tranquilser and put a pair of their shoes in his feet.

    EDIT: Found it.

    Voltmann Report

    Trillian
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    I simply cannot wrap my head around how this could have been - thought up - approved - produced and aired without anyone along the way seeing the problem. I just cannot.

    UKDeek
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Wonder if this was produced by the Marketing Division of the Sirius Cybernetics Corporation? (realised that this post was more relevant here, given this Panda's username. IYKYK...)

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    UnclePanda
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Truly remarkable. I can provide the opposite - my old buddy The Colonel was in his mid-80s, bird skinny, and cantankerous. He was a large man entrusted with large military postings when he was younger. He was still wearing military style hard shoes and they were hurting his feet but abjectly refused the nice pair of New Balance his family bought him. I was like the 4th Stooge in this house, so in the end, it came down to The Colonel on his back on his bed, little bird colonel legs waving in the air, while his DIL held his shoulders and his son and I wrastled the old ones off and the New Balances on. After all of that, the instant his feet hit the ground, he stopped, smiled, and said, "Hey, these are nice!" and did an honest-to-god shuffle-off-to-Buffalo out the door.

    martin734
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    I hope their entire marketing team were fired for this.

    Francois
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Actually this is so bad, I chuckled a bit.

    Crouching_Penn_Hidden_Teller@yahoo.com
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    WHAT? I've seen some stupid, offensive ads before but nothing like this!

    UKDeek
    Community Member
    1 month ago

    This comment has been deleted.

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    #23

    Hand holding a blue Microsoft phone, representing companies competing for the corporate Darwin award for business failures. Steve Ballmer, Microsoft CEO, initially laughed off the iPhone and especially at the thought that people would pay >$600 for a phone. A few years later Windows Phone came out (Microsoft's first touch interface), but it was too late and they lost the mobile market.

    RogLatimer118 , Kārlis Dambrāns / flickr Report

    Child of the Stars
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    I never owned one, but my understanding is it was a pretty good phone. It could've been a big competitor if it had hit the market earlier.

    JL
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    It was a great phone. Simple interface and the live tiles allowed a lot of dynamic info display. They just had no app support. Developers were already creating versions of their stuff for iPhone and Android. They didn't want to create/support a third flavor and MS didn't want to make concessions to be compatible with Android apps.

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    Kalevra
    Community Member
    3 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Steve will have the last laugh when people realize Iphones are junk devices.

    Suby
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    I had a Windows phone for a while. It was fine, and I would have stuck with it.

    MalP
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    I loved my windows phone except it was a royal pain to attach a picture to anything. So I switched, but not to iphone

    Daniel Atkins
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Now look what he is doing to the LA Clippers.

    STress
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Next, they bought Nokia. They insisted to keep Windows Mobile OS, instead of accepting Android. No interest, small choice of apps (in the 2016. PokemonGo madness, their phones didn't support app!) - long story short, they went out of business AGAIN!

    #24

    40 Companies That Deserve A “Corporate Darwin Award” For Destroying Their Businesses The Jaguar rebrand hasn't gone very well.

    SidewaysLlama , Jaguar Report

    James016
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Well the rebrand made no sense at all and they have actually stopped selling new cars in the UK.

    Ace
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Not so much a rebrand, more of a complete change of business. They've just decided they're no longer in the luxury and performance car market and have banked their future on EVs. Whether it will work or not remains to be seen. (Not a fan myself).

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    Laserleader
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Have you seen the new logo? It's not good.

    moggiemoo
    Community Member
    1 month ago

    This comment is hidden. Click here to view.

    I always wanted a Jag despite not likely ever having the money to do so. After that advert, I no longer do. And I wouldn't want an EV for free.

    Angie May
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Imagine turning down a free car if given the option. If you're so gung ho about "nOt hAvInG iT bE eLeCTrIC" then just turn around and sell it.

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    #25

    40 Companies That Deserve A “Corporate Darwin Award” For Destroying Their Businesses Homebase/Bunnings in the UK.

    Homebase was a long-established DIY store in the UK that over the years had started to focus more or homeware and soft furnishings, which became their USP, and less on DIY tools and hardware, but they were struggling. Along came Bunnings, a successful DIY retail company from Australia, and bought-up Homebase for £340m. Unfortunately they didn't do their homework and assumed that the Australian business model would work just as well in the UK, so they immediately fired all of Homebase's senior and middle management, dropped all the homeware lines and filled the new store with expensive BBQs and other outdoor furniture and gear suited to long, hot Australian summers, but not short, wet mild UK ones.

    Within 6 months the new stores were losing millions, and after just 2 years they all closed with Bunnings having to write-off over £500m in what's now described as 'the most disastrous retail acquisition in the UK ever".

    NeilJonesOnline , alljengi / freepik Report

    Zoe Vokes
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    I knew Homebase closed down but didn’t know about the Australian takeover and selling strategy.

    Bob Jones
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Most importantly, did they sell Bunnings sausages??

    Hugo
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Bunnings sold Homebase for a nominal £1. The new owner went into administration in 2024 and many shops have been sold or simply closed down.

    James016
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Homebase exists in some Sainsbury's

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    #26

    40 Companies That Deserve A “Corporate Darwin Award” For Destroying Their Businesses Yahoo could have bought Google for $5 billion in 2002, but they would only offer $3 billion.

    That alone didn't [end] Yahoo, but it sure didn't help.

    PMMeUrHopesNDreams , Neon Tommy / flickr Report

    Angie May
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Yahoo did go on to buy Tumblr at the peak of its popularity for $1.1 billion dollars in 2013, banned all adult content (of which there were many blogs dedicated to on the platform) and utilized an auto-content detection system for posts that would delete or censor content that wasn't even adult in nature. Tumblr ended up losing tons of users and Yahoo found out quickly that while the site was popular and had a high value, that didn't translate to the site making money. It was ultimately sold to the parent company who owns WordPress for a comparatively meager $3 million dollars a few years later. Yahoo's fumbled the ball quite a few times, it seems.

    spacer
    Community Member
    4 weeks ago (edited) Created by potrace 1.15, written by Peter Selinger 2001-2017

    it wasnt yahoos choice, but rather forced upon them by apple who threatened to ban tumblr all together from the app store if they didnt crack down on csam/cp and the best course of action was to ban all of it. (according to them)

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    #27

    Quiznos Subs restaurant sign on a building representing companies competing for the corporate Darwin award. Quiznos. Forced their own franchisees to buy overpriced products and put themselves out of business.

    LSUChase83 , Phillip Pessar / flickr Report

    Jeremy James
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    There's a bit more to the story than that. Quiznos sold a majority stake to a private equity firm in 2006, in a leveraged buyout that saddled the company with crushing debt.

    JB
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Seems to be a recurring theme. Almost like private equity firms are only in it for themselves.

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    MalP
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    and remember their advertising with the mice/rats...never went back.

    Suby
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Same here. Who wants to buy food in a place that has rodents as mascots?

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    #28

    40 Companies That Deserve A “Corporate Darwin Award” For Destroying Their Businesses Every business that sold themselves to private equity.

    andrewboring , rawpixel.com / freepik Report

    Jeremy James
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Yeah, we definitely need some reforms when it comes to PE and LBOs. Unfortunately in the US, corporate boards have a legal responsibility to maximize shareholder value, even if it means accepting a predatory, debt-heavy buyout. Payments on corporate debt are also tax-deductible, which needs to be changed or at least capped. And PE firms need to share some kind of liability when a company in their portfolio defaults. At the very least, the fees and dividends they paid to themselves should be clawed back after bankruptcy.

    Rosecrucian Roeth
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Snowball's chance in Hades of any of that being changed!

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    #29

    I doubt that guy is selling many submarines now...

    richardathome Report

    phantomhit
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    I thought it was the guy who m^rdered the reporter he most likely r@ped.

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    #30

    40 Companies That Deserve A “Corporate Darwin Award” For Destroying Their Businesses I feel like this one is in progress: Boeing moving its management away from its factory.

    Gwtheyrn:

    Yeah, that was the arrogance of the McDonnell-Douglas people. They said that the peons shouldn't have access to those who control the money.

    They might be correcting course. The new CEO works out of Seattle and makes it a point to regularly be around and visit the production floor and engineering hall.

    PenTestHer , Cody Williams / flickr Report

    R Dennis
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    MD being a defense contractor means it only has to be "good enough for government work", not precision quality. So, when Boeing was taken in, they eliminated the "costly" expense of that precision... I have looked at planes used for flights to determine in I'll fly - Boeing is a low option.

    James016
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    As the saying goes “If it’s Boeing, I ain’t going.”

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    nottheactualphoto
    Community Member
    3 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Boeing's mistake was allowing the MD bean counters to run the company post-merger. Before that, Boeing products were the envy of the world.

    #31

    40 Companies That Deserve A “Corporate Darwin Award” For Destroying Their Businesses In 2014 Red Lobster sold off most, if not all, of the buildings it owned for a quick way to make that sales quarter look amazing. As part of the sale, they signed a leaseback deal, effectively adding a premium rent expense to 500-something locations.

    Pandemic happens, customers stay home, commercial rent costs go up, some C-suite guy rams through a marketing stunt that backfired expensively, and buh-bye.

    MeesterPepper , Mike Mozart / flickr Report

    Panda-sized Potato
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    That's part of the problem. The other problem was making all-you-can-eat shrimp part of the menu instead of being a limited time. Stores make little to no profits from that.

    Peter Bear
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    That was the 'marketing stunt' referred to in the post.

    Load More Replies...
    James016
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    NGL I really like Red Lobster. But we don’t have it in the uk.

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    #32

    Circuit City store with going out of business sign, illustrating corporate Darwin award for dumb business failures. Circuit City backing DivX, the one-time use dvd "rental " program. From memory, they sank something like 500 million dollars into the development, only to have users rebel and boycott Circuit City.

    eclectictaste1 , Adam Kent / flickr Report

    DeShotz
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    That was just one of many reasons why Circuit City failed. They were number 2 in the US for home appliance sales and they just stopped selling them and gave the market to their competitors. They made poor real estate choices (they chose cheap over good locations). They laid off their top performing sales people (twice!) because they did not like paying them commissions on all the sales they generated for the company, And then they wondered why the sales performance cratered. A bunch of their smartest top executives decided to stay with a little side-project called CarMax when it got spun off of Circuit City. Then there was the Internet...

    #33

    Maglite - LED technology came along and they didn’t want to invest in it. Their market share plummeted.

    GraemeMakesBeer Report

    Danielle Hardesty
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Maglite was the gold standard for the average consumer, would have been SO easy to retain that.

    Matthew Currie
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    And to add insult to injury you could get third-party upgrades to turn your old Maglite into LED! I have two of the big 4-C monsters with LED conversions, both bought used for next to nothing by people who got tired of feeding them with expensive batteries. Now they last and last.

    Load More Replies...
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    #34

    Corporate Darwin Award concept illustrated by Knight company executives applauding at a stock exchange trading floor event. Knight Capital. Their high-frequency trading algorithm went berserk and lost $440M in 45 minutes, bankrupting the company.

    chillywillylove , New York Stock Exchange / Youtube Report

    martin734
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    It didn't go berserk as such, it was caused by human error. A technician did not correctly update the code in one of the company's servers which told the trading system to stop trading when sufficient orders had been fulfilled.

    Max Robitzsch
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    "Not knowing when to stop" is a pretty close definition of going berserk...

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    Michael None
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    I bet somebody still got rich though from it though.

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    #35

    Hand holding an old Blackberry smartphone representing companies competing for the corporate darwin award. Blackberry (RIM) every time. Abandon the market for two years to invent some [awful] QT based phone while the Dalvik version was created in 12 weeks.

    Richard_J_George , Mike DelGaudio / flick Report

    R Dennis
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Actually, it wasn't that. They thought people wanted sleek, fast phones that could handle anything a business could throw at it and that NO ONE wanted it bloated with apps and features that slow it down... arrogance and hubris. I just got my first non-BB phone two years ago. Still have a Playbook in my drawer. Just finally accepted the end and sold my last few shares of stock.

    #36

    Radio shack. Could have been a main player in personal computers, and cellphones.

    donitosforeveryone Report

    Suby
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    It was such a great store. They had advice and products for every situation. I still don't understand why and how it failed.

    nottheactualphoto
    Community Member
    3 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    They sold rectifier diodes in packs of three! But at least they sold electronic components at all.

    Load More Replies...
    #37

    These haven’t [ended] the business, but they certainly did shoot themselves in the foot:

    Target: company really popular with suburban liberal women decides to try to pander to the Reich and gets rid of their DEI initiatives. They experience a decent boycott and almost no one from the Right was going to shop there anyway since they’re 10-20% more expensive than Walmart.

    Cracker Barrel: favorite of country and right wing people because it looks like an old timey redneck hang out. Decides to redo its image by restyling itself from the rust encrusted implements to a Chipotle-esque interior AND they got rid of the cracker. Pissed off the Right and left the left baffled.

    Pro tip: if your largest market behaves a certain way, that needs to be taken into account.

    KP_Wrath Report

    Panda-sized Potato
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    The reason Cracker Barrel chose to rebrand was that their profits were falling about 15% annually, for years. They had to do something. They tried to update to pull in a younger crowd, but a bunch of really stupid people took it the wrong way.

    Kabuki Kitsune
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Hate to tell you this, but those "bunch of really stupid people" were their target audience, and doing anything that makes them leave your store in droves...forcing you to re-rebrand... is just plain stupid. You don't have to agree with what your customers believe, think or do, long as they're willing to pay you. If a rebrand flops because your target audience doesn't like it, then put it back and don't even bother trying to get a new target audience. Especially if your original target audience, was established close to sixty years before you try to rebrand.

    Load More Replies...
    UnclePanda
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    I think Cracker Barrel failed because the market for premasticated salt licks was dying off every day.

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    #38

    AOL Time-Warner. The (then) largest online provider acquired a large print, movie and music corporation.

    Some will say this was the beginning of the dot com bubble bursting, so it was inevitable that it would fail. But it’s also the same year that Apple launched the iTunes store and they had to license their music.

    ironcladtrash:

    I could write a novel about the internet provider side of this too. AOL and cable side of Time Warner did not get along. AOL had a massive backbone and could have still been a major player in that market if they weren’t so arrogant and hard to work with. When my company was bought by Time Warner we built a backbone for them as they did not want to use AOL and they didn’t have the expertise needed.

    jim_br Report

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    #39

    The digg.com redesign is what pushed myself and a bunch of other users to start using Reddit basically overnight.

    ElOsoSabroso Report

    #40

    Looking at you Tumblr.

    scare_crowe94 Report

    spacer
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    tumblr has never made any real money, as in fact most social media sites are full on money pits. its still going strong tho so i fail to see why its on here

    #41

    In the UK we had a store called Woolworths. During the 70's and 80's it was a high street Giant and everyone and I mean everyone shopped there.

    As we moved into the 90's Woolworths main business was selling Music CD's as well as Toys, childrens items and general small household appliances but there sales and share price were taking a beating due to the increased competition from various other High Street Stores and Out of town Chains.

    Now Woolworths were in a very unique position, not only did they outright own most of their stores, but they also had a massive inventory of buildings located in many High Streets up and down the country which other Businesses rented from them.

    So they had a choice, take a financal hit, borrowing money which many banks were willing to lend due to their portfolio of buildings and spend the next couple of years modernising their stores and update their stock inventory or sell of the majority of their property portfolio, renting those buildings back meaning they had a massive ton of capital and they can claim they are making more money than they actually were.

    Of course they did the latter.

    Most of the money made from the sales went to share holders which left very little to modernise their stores and update their inventory.

    Over the next few years they closed many stores, modernised the few remaining but it wasn't enough.

    The huge financial burden of having to pay all that rent meant it took far too long to complete the modernisation of their stores and it ultimately [ended] them.

    GhostRiders Report

    Michael Largey
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    There used to be Woolworth's all over the US. You can still find stores with that name in Australia.

    Huddo's sister
    Community Member
    3 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    The same name, but different company. Originally Woolworths was a discount shop, the one that exists now is a supermarket, that took over all Safeway supermarkets in the 2000s.

    Load More Replies...
    James016
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    That and everyone stealing the Pic'n'Mix

    Anke Dieken
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Woolworth still exists in Germany and apparently is prospering

    Min
    Community Member
    Premium
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    I was shocked to see a Woolworth's when I first arrived on the UK. They had disappeared from the US a decade prior.

    Zoe Vokes
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    I only went to Woolworths for the pick and mix sweets.

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    #42

    TSR (the company that first made Dungeons and Dragons) sunk themselves by making too many settings, finding the settings weren't profitable, and then laying off staff.

    After Gary was forced out, TSR decided to make and support a bunch of different settings, things like Greyhawk, Forgotten Realms, Birthright, Spelljammer, etc. Each one of these got their own branding, and developed their own followings. The problem is that these settings were expensive to develop and split D&D's audience. A Forgotten Realms DM didn't need adventures from Mystara, he needed stuff for Forgotten Realms.

    So the company split their audience into a lot of different chunks. These chunks wouldn't buy stuff from other chunks, so none of the projects ever made much in the way of profit. Management then never told employees what was happening, and would fire them for material not meeting expectations. This included artists and designers like Zeb Cook and Tom Moldvay, Larry Ellison, Brom, and Tracy Hickman. These were some brilliant designers and authors who had followings of their own who got fired and took some of their fans with them.

    This then put even more pressure on underperforming setting and adventure material to perform which formed a virtuous cycle, that trapped TSR in a loop of debt it couldn't escape from.

    ChickenDragon123 Report

    Anke Dieken
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Also too many updates. One of my friends bought the rule books for D&D 5 (I think) which was rather expensive, and just a few weeks after we had started they came up with version 6. Did not buy that. No way.

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    #43

    I don’t know if Radio Shack got away from radio or radio got away from Radio shack but that’s a good example of not being fit for the rapidly changing electronics environment.

    uselessartist Report

    #44

    Borders farming its online book sales to Amazon. 🤦🏻‍♀️.

    anon Report

    moggiemoo
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    I went to our Borders once and liked it. By the the time I went again, it'd closed down.

    Huddo's sister
    Community Member
    3 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    They were at the local shopping when I was a teenager. We spent a lot of time in the cafe there.

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    #45

    Speaking of awards specifically, there was (is?) an award called the Malcolm Baldrige Award presented to a company for quality and organizational excellence. The problem is, the application process was so intense that it occupied most of managements’ attention for a year or so, and many companies failed after receiving the award.

    ChicagoDash Report

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    #46

    Gadu Gadu, a Polish chatting app, existing even before Messenger was there.

    At some point in late 2000s they had around 7m users in Poland. Almost every middle to university student had it, chatting with friends or family (desktop version). They then made mobile version working on really bad internet on pre-smartphone devices expanding their rich.

    However for some reason they were late with roll out smartphone version of the app and making other language versions of the app. In 3 years (2009-2012) Messenger replaced it near completely.

    conmeonemo Report

    #47

    Sega launching the Saturn.  Schlitz beer cutting corners to make more beer resulting in awful quality.

    JLR- Report

    Michael Largey
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Schlitz beer customers started dropping the "l".

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    #48

    Washington Mutual Bank - WAMU

    I worked there from 2002-2008. I got tired of the retail BS and found a new job right in the beginning of the Chase acquisition. A search says it's the biggest bank failure in US history.

    High risk lending in a bad economy. Housing crisis left a ton of mortgages upside down. They couldn't sell those mortgages and weren't big enough to be bailed out. I just looked it up and only 14% of their business was mortgages, and that was more than enough to tank 'em. They also had too many branches, and too many were in bad areas. Not profitable when you have 6-8 full time employees in each brach at all times and nobody in the lobby.

    dirtyfoot_chonkey Report

    Kabuki Kitsune
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    WAMU's big issue wasn't that the housing crisis happening itself, but rather the fact that the company didn't react fast enough to sell their shares off to other lenders. The exact reason for their late attempt at doing this isn't entirely known, but it's believed that someone in their Risk Management thought the downturn in the market they were seeing in the first few days of the collapse, would reverse itself as it naturally had in previous downturns. By the time they realized the market was imploding, a freeze had been placed on all such trades, and they were stuck with billions of worthless tranches of mortgages that they couldn't do a thing with.

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    #49

    The USFA Zip 22. There was a company called the US FIre Arms Manufacturing Company that was mostly known for making high quality, faithful reproductions of the Colt Single Action Army (the classic Clint Eastwood/Old West six shooter). In fact, their factory was actually in a part of the historic Colt factory, so safe to say they were pretty highly regarded.

    However, the owner was a pretty eccentric guy named Douglas Donnelly, and he got the idea to design an esoteric, inexpensive gun called the Zip 22, and pivot the company to sell that instead of the revolvers they had built their name off of. He thought it would be somewhat revolutionary and end up being a huge success, but unfortunately, the final product proved to be one of the most unreliable guns ever, and the design was arguably pretty unsafe, so unsurprisingly (to everyone else) it was a huge failure.

    Ok, no big deal, tried something different, it didn't work, just go back to making revolvers and you're not in any worse position than when you started, right? Well, while the gun itself was meant to be inexpensive, it was injection molded, and the molds for making injection molded parts are known for being incredibly expensive. You might see where this is going, but they had shortsightedly sold the tooling for making revolvers in order to fund the tool up for the Zip 22, with the intention of buying new revolver tooling with all the profit they'd be raking in from the Zip 22. When the Zip 22 failed to bring in much of anything, that was the end of the road for USFA.

    amateurdormjanitor Report

    Kabuki Kitsune
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    For those curious, to explain what the OP means by the gun being designed unsafe, in order to prepare the weapon to fire, you needed to push a charging lever forcefully (with some serious pressure at that) back toward the rear of the weapon. The issue being, to do this process, you needed to place your fingers IN FRONT OF A LOADED GUN BARREL! Add into that a known problem of the charging process having a random chance of making the weapon discharge... and you start to see the issue.

    liam newton-harding
    Community Member
    3 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    "Forgotten Weapons" does a brilliant history of this on Youtube...even takes it out to the range and tries...tries...to fire off a couple of rounds...or even one.

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    #50

    IBM just wanted to sell computers so they let Microsoft keep the copyright to the operating code.

    Viscount61 Report

    #51

    Research in Motion assumed no one would give up a BlackBerry for an iPhone due to the lack of keyboard.

    PorgCT Report

    #52

    Bud Light neon sign with a box of Bud Light cans, illustrating companies competing for corporate Darwin award. Bud Light was once the top-selling beer in the United States, fueled largely by an aggressive advertising budget that built strong brand recognition and appealed directly to its core demographic. In 2023, company leadership attempted an abrupt cultural repositioning of the product, which ended up alienating much of its loyal customer base. Sales plummeted and remain down by about 40%. Some analysts believe the brand’s reputation may be permanently damaged, as many consumers have shifted their preferences to substitute beers like Miller Lite.

    dealcracker , Mike Burns / flickr Report

    Zoe Vokes
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    It’s really dumb to p**s off all your loyal customers in the hope to lure a few new younger customers in. Brands are so keen to be modern and “look at all the influencers supporting our brand,” when most people like a traditional company that doesn’t change.

    Jeremy James
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Dude, it was ONE can given to ONE person. Nobody would have even noticed if it weren't for Fox News scraping the bottom of the barrel for "trans outrage" to distract from the GOP's unpopular policy agenda.

    Load More Replies...
    Angie May
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    I loved all the dumbshits buying cases of beer to shoot their guns at like yeah man go give the company you're boycotting money to prove how much you hate them

    Ace
    Community Member
    1 month ago (edited) Created by potrace 1.15, written by Peter Selinger 2001-2017

    I'm intrigued. Tell me more. Edit: actually, on second thoughts, and after a quick search, please don't.

    STress
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Perhaps the name and brand ownership will be given back to their rightful owners in České Budějovice...

    nottheactualphoto
    Community Member
    3 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    With respect, STress, perhaps monkeys will fly out of my bսtt.

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    Michael None
    Community Member
    4 weeks ago (edited) Created by potrace 1.15, written by Peter Selinger 2001-2017

    B**t hurt idiots who don't understand that companies will support whatever they think will get them business. Budweiser doesn't care about transgender people any more than it cares about the super bowl. They care about money. Grow up and drink what you want no matter what way the wind is blowing.

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    #53

    Arthur Andersen doing Enron‘s fake accounting.

    mykepagan Report

    Don't listen to me
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Then they quietly folded up their tents, crept away & reinvented themselves as Accenture. And going very strong by the looks of it.

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    #54

    Sears buying K-Mart.

    Both companies were struggling. Both were failing to adapt to the times. But combined...they both hastened their downfall.

    JackFisherBooks Report

    JL
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Actually K-Mart bought Sears.

    Michael Largey
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    It turned out to be a corporate s*****e pact.

    #55

    Nokia. I'm trying to find an article I read about this but can't find it.

    Every year Nokia released 68 phones. They were basically slight rehashes of the previous year's models. They would create demand by not releasing every model in every market. The next year markets would get the successor of the popular phone that they hadn't got the previous year.

    They dabbled in touch phones. They had 2 operating systems one of which was SymbianOS. It was dreadful and very under-developed.

    Around 2006 the engineers presented to the board a concept for a fully featured touch screen phone. (I'm Not sure about which operating system it was to use). The proposal was to stop the 68 phones and just put everything into this new phone.

    The board were incredulous. They were making a fortune for very little R&D. They owned a huge swathe of the market. People wanted keyboards. They declined and continued with the 68 phone model.

    The iPhone was released in 2007 and Android not long after in 2008. Sales halved in under 2 years. Nokia tried to turn the ship around. It continued to develop it's crippled Symbian OS into S60. Eventually in 2010 it developed a new operating system Meego to put on new touch screen phones. It was way too late by then.

    teaming up with Microsoft and putting Android on it's phones didn't help. Some of it's products were great - but there was no cut through. People were buying funky phones from HTC et al.

    Ironically, HTC died by using the same model. Having a huge inventory and releasing mildly worked over versions year after year. One year a leaked version of the next flagship phone circulated. It was amazing. Fanboys went wild. It was released and it....was a mildly worked over version of the previous model. The CEO said the leaked version was too expensive to make.

    Then Samsung came along, curved screens, great cameras......

    blueflash775 Report

    martin734
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Nokia is still a very large communications company in Europe and it is still owned and run by original Nokia employees. They now make mobile network infrastructure rather than phones.

    James016
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Nokia is doing very well in the back end of communications infrastructure. In the past I had a Nokia Windows phone which was actually very good at the time and a Nokia 8 Android phone which was just Android with no other overlay on it.

    Jeremy James
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    People still want keyboards, or at least I do. On a T9 pad, I could discreetly type and send a text from my pocket. Very useful in dangerous or awkward situations.

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    #56

    Lots of US nominations, but here's one for a Dutch company: DigiNotar, the certificate authority that was trusted by the Dutch government. Until it turned out in 2011 that they couldn't be trusted, and had been hacked by an Iranian hacker. After it was found that false certificates for google.com and many other sites were created on their systems, they were out of business in a few weeks.

    DiscerningDolphin Report

    #57

    Shlitz.

    Once one of the largest breweries in the country, they took some cost cutting measures in the late 60s to speed up production that ended up making the beer turn gloopy and hazy, and tanked the reputation. A series of poor choices in branding and union strikes did nothing compared to that high speed quality failure.

    inthebeerlab Report

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    #58

    CompUSA trying to become Best Buy.

    Optimal-Click-4771 Report

    #59

    Miniscribe had management ship bricks instead of hard drives and it went about as well as you could expect.

    kna5041 Report

    #60

    40 Companies That Deserve A “Corporate Darwin Award” For Destroying Their Businesses The whole Astronomer CEO/HR lady affair is a pretty big recent one.

    CatherineConstance , ABC7 / youtube Report

    Jared C
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Astronomer is still in business and doing fine. As a company it did nothing to harm itself and nothing to be added to a list of "Darwin Awards" on f companies who bankrupted themselves in dumb ways. It has not been harmed financially in any way due to the Coldplay concert cam. Kristen Cabot had also just been hired recently (Nov 2024) so she was no huge loss.

    #61

    OceanGate has entered the chat. Stockton Rush am has exited the chat.

    shake-it-2-the-grave Report

    LSD
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Stockton got what was coming to him.

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    #62

    The British conglomerate GEC. They were very much like GE in America in that they had interests and defense, power generation, transportation systems, consumer goods and telecoms.


    In the late 90s they decided to focus on telecoms and nothing else. So they sold off all their assets with the exception of their telecoms assets and renamed the company Marconi because they owned that brand name.


    Around the same time British Telecom had announced its 21st century network project which would basically completely rebuild the entire national telecoms infrastructure with IP based systems. Marconi, as it was now called, assumed they would get a load of the contracts being awarded seeing as up to that point they were the dominant supplier to BT with their System X technology. In fact it was seen as a complete given by many industry analysts. 


    They didn't get a single contract, which was unfortunate because the company had bet its entire future on getting a couple of those multi-billion-pound contracts. 


    So basically the company collapsed and Ericsson swooped in to buy all the good assets and the rest were split off into a new company called telent which existed mainly to maintain existing System X exchanges. GEC went from being a highly diversified company that could absorb one division failing, to essentially betting everything on red and failing.


    This plan was approved by all the board members and the majority of the shareholders, people who should have known better.  They literally approved a plan where if they failed to get the BT contracts they wouldn't have enough money to survive and would collapse.


    There's a BBC drama called Friends and Crocodiles which tells a slightly fictionalized account of the self inflicted demise of GEC.

    TheSameButBetter Report

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    #63

    Palm: One of the very first smartphone/handheld computer makers and they just mismanaged everything into the ground. The way we interact with phones today owes a lot to Palm products and design though.

    _haha_oh_wow_ Report

    #64

    QuarkXPress had the near monopoly of desktop publishing in the '90 and got totally annihilated by Adobe. This was due to never-addressed issues, not supporting Mac OS X, and as far as I remember, relocating the software development to India.

    Jommy_5 Report

    #65

    RCA and the very extended development time of CED where they tried to reinvent the wheel with manufacturing the discs when they discovered that a regular record plant would do.... it pretty much destroyed the company in the end.....

    alissa914 Report

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    #66

    Intel focusing on desktop computers and not selling mobile chips to Apple.

    EmilyO_PDX Report

    Na Schi
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Is Intel really tanked/struggling? I thought they were doing great. (Honest question)

    #67

    Netscape deciding to scrap their browser and rebuild from the ground up. Took them 3 years, they went from version 4 to version 6 and Internet Explorer destroyed them.

    Borland did something similar trying to make dBase for Windows, and then again trying to rewrite Quattro Pro.

    MS almost did it with Word but they scrapped the project and kept working on the old code base.

    EngelbertImpromptu Report

    Ace
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Kinda lives on with Firefox, based on the same Mozilla underpinnings, but doing it better.

    Kelly Scott
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    I used to love Firefox. Then I had to give up my computer and use the library for a couple of years. I come back, set up a new computer, and Firefox is absolute s**t. You used to have pages and pages of apps and icons to set on your home page, but not anymore. I'm forced to use Edge for a lot of stuff now, but I have Pale Moon set up just like I used to have Firefox set up and that's my main home page. If I could still do Firefox like I have Pale Moon, I'd dump Edge in a heartbeat and go back to them.

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    #68

    Seagrams - in 1995 Edgar Bronfman Jr (I worked there in the late 90s & heard he was an aspiring actor himself) decided to sell Seagram’s DuPont shares & buy controlling interest in MCA (including Universal pictures & music). This started the beginning of the end. By 2000, the entertainment division was sold to Vivendi & the beverage division was sold off to Diageo & Pernod Ricard.

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    Kelly Scott
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Who remembers Bruce Willis singing and playing for Seagrams in one of its commercials? He was pretty d**n good!

    Ace
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    I have absolutely no idea what any of these companies do, or did.

    Manny
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Seagrams known more for their alcohol

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    #69

    Vshojo went from one of the biggest Vtuber agencies in the world to dust in less then 48 hours.

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    #70

    When Chevy refused to rebrand Nova cars into Mexico. Translated, Nova = No Go. And the cars were [bad], so the name fit.

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    Trillian
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Urban legend. Check it out at snopes, if I add the link BP is going to hide my post again.

    Ace
    Community Member
    1 month ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Never happened. All else apart, the Spanish word just means "new". "No go" would be two words "No va" and wouldn't really be meaningful in the alleged context anyway. Very popular fake anecdote though.

    Morbo
    Community Member
    4 weeks ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    This c**p again? Not even a little bit true. It would be like saying Notable means the same thing as No Table.