Top 10 Brands That Failed
These companies were not too big to fail. Despite holding a huge market share at certain points during their history, these brands all made mistakes that cost them dearly. Whether it was greed – as was the case with Lehman Brothers, pressure from competitors for stores like Woolworth’s, a failure to keep up with market trends like Blockbuster, or even terrorist attacks that helped kill a brand like Pan Am, there are innumerable reasons for a big brand to fall. In honor of Pan Am closing its doors for good on December 4th, 1991, in this video, WatchMojo.com counts down our picks for the top 10 brands that failed.