The global economies are in the midst of one of the most turbulent periods in history. Soaring inflation and the long term impact of the pandemic has taken its toll on many industries, especially retail. As many companies struggle to navigate the new landscape of business, some are proving more equipped to handle this crisis than others.
There are many factors that come into play determining the success of one business or another, but here is a list of some iconic products and brands that may be facing extinction if they can’t find new ways to do business in today’s day and age.
From Apple’s famed iPod to Budweiser and beyond, so many of these timeless brands could be on their way out. As much as we want to hold onto nostalgia forever, it isn’t always financially viable to keep pedaling something that just isn’t selling as well as it once was.