10 Businesses That Failed in 2020

Being the kind of year 2020’s been, it isn’t hard to come up with a list of businesses that have failed in the last twelve months. The hard part is narrowing it down to 10.

Thanks to our friends at Audible!
Disclaimer: signing up for Audible will result in financial compensation towards Alux Inc at no additional cost to you, the consumer.

What are 10 Businesses That Failed in 2020?
What are some businesses that failed in 2020?
What businesses made the biggest mistakes in 2020?
What are the 10 Biggest Business Mistakes this year?
What businesses made mistakes this year?
What are the Biggest business PR disaster in 2020?
What are the most Notorious Business Blunders in 2020?

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00:00 - Intro
01:03 - Papyrus
02:16 - JCPenney
03:27 - Hertz
04:26 - Gold’s Gym
05:28 - GNC Health supplements
06:07 - CEC Entertainment
06:50 - Brooks Brothers
07:32 - ALDO
08:13 - Diamond Offshore
09:48 - LATAM
00:00 - Question
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#alux #business #2020

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[alux]

Hello Aluxers! Which other ones do you think we should have included?


Thanks to our friends at Audible!
Disclaimer: signing up for Audible will result in financial compensation towards Alux Inc at no additional cost to you, the consumer.

[anishadamane]

But the scammers are the ones who have business all round the year

Edit: You can find them in the comment section

[Jose-htlw]

Every business is essential if it provides a living and brings food to the table.

[andrewpalacios]

After watching this video, I came to realize that being 23 and working at Chick Fila before attending graduate school is such a blessing — imagine being a corporate titan and having to deal with you entire company going to shit because of circumstances that were out of your control? Damn.

[saumikpl]

So what I concluded from this list is - Pandemic didn't kill your business. Its the mindest and business module which couldn't adapt according to the need of consumers.

[ksk]

Yes you who is reading is an amazing person. You will succeed. Keep up the hard work 👍

[Mark-xgzn]

1. Papyrus
2. JCpenney
3. Hertz
4. Gold's gym
5. GNC health supplements
6. CEC entertainment
7. Brooks brothers
8. ALDO
9. Diamond offshore
10. LATAM





You're Welcome.

[monkeymouse]

Almost all of those firms were on life support when times were good before COVID. It just sped up the process of putting them under.

[kunaltrivedi]

My Sister works for GNC NUTRITION, many of their employees lost their job since pandemic stuck, but she retained her job, thanks to her degree in Masters in Sports Nutrition and Clinical Diet

[KaylaNoelle]

Le Chateau in Canada also closed. Their quality got pretty bad at the end there so I'm not surprised.

[randomguy-hcpv]

I feel sorry for the movie theater industry

[jaesgarage]

Due to covid and panic buying there’s also been online store opportunities. Create and build your own online store(s).

[Talkinglife]

“I have learned fifty thousand ways it cannot be done and therefore I am fifty thousand times nearer the final successful experiment

[ArizonaTintPlug]

Goodmorning future millionaires and billionaires

[vivekmarwaha]

My business is based in India and due to coronavirus 80% of my business wiped out this year and now due to political and social instability, it is way hard to do business. I had so many plans for this year. Now I am planning to change my business modal and do things differently in 2021. All I can do is hope for the best.

[ageaj]

A unique product launch in 2020 is from a company listed on the Australian stock market ASX under the stock code LNU

Linius technologies, they released a software called Whizzard.

Targeting ZOOM, Webex & Microsoft Teams.
It lets user's search the video meetings that are recorded live and all of the older videos stored in their servers.

Use cases are huge, an example is say you needed to respond to your marketing team about a new product. Normally you may need to watch 5 or 10 40 minutes videos looking for that demo.
Linius let's them search the video like Google searches words, then stitches together the relevant information in seconds, hours worth now in bite sized videos of just what you want.

They are targeting universities for studying applications, and they do far more than this.
Definitely worth adding to your stock watch list.

[mattjackson]

Keep up the good work Alux, these videos always inspire and inform

[Kikyolover]

Jcpenney in flint Michigan is still around, it's not shut down

[SY-spuo]

Who is starting a business in 2021? 💯🤔

[cryptoflippodcast]

*Build a PANDEMIC proof business* ❤️❤️