24/7 Wall Street has made some predictions and provided a list of ten brands that it doesn't think will be around a year from now. One of the unfortunate ten is Sears, and there are other brands on there that I recognize such as Nokia, Kellogg's Corn Pops, Sony Ericson and more.
I don't know about you, but I'd have to disagree. Sure, Sears has had some issues. I remember when Kmart came under the Sears umbrella and though I wasn't too sure about that, it turned out alright. I would have to say that the local Kmart I shopped at at the time actually started carrying merchandise instead of empty shelves! Being shored up by Sears was definitely a good thing for those of us who shop the Blue Light specials.
I grew up thumbing through Sears' Wishbook. My parents would drop us off at our grandparents and then drive the long distance into Erie to go Christmas shopping. I would also have to say that the Wishbook was my first real introduction to Sears.
Sears was also my first ever credit card. I applied for and received a Sears card when my car broke down at a mall and I needed some tools to fix it. That's the beauty of Sears - it is like a Walmart in many respects, only the clothing and other goods are of a higher quality. It was via Sears that I got a Novus Card, which eventually turned into my beloved Discover Card.
Sears knows how to build brand loyalty, so I'm not too worried about seeing them shuttered up at the mall a year from now. They'll make course corrections in this turbulent economy and sail their way to a better berth as our economy recovers.
As for Kellogg's Corn Pops... Rice Krispies recently went to a gluten free product offering, so why not Corn Pops? I loved them growing up, but can't eat them now. Gluten free fare is a fast growing industry and Kellogg's should reformulate to dump the gluten and market the product to a niche audience. I would love to eat Corn Pops again. One thing I don't want to see is a smaller cereal selection to accompany the doll house sized boxes already displayed on the shelves.
I'd also like to see more gluten free cereals but especially some lower sugar or sugar free cereals would be great for me.
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