Music welcome to top10archive whether due to bad decisions lack of continued public interest or economic turmoil some companies regardless of how long they've been around wind up taking a dive utilizing a mix of trends and the ultimen z-score a figure based on working capital retained earnings and other factors against total assets and liabilities this archive compiles the top 10 companies the general public has known and loved that are likely to soon disappear number 10 JC Penney company from stirring up controversy with 1 Million Moms for featuring an openly gay spokesperson 2 facing backlash in the form of a 25% decrease in sales for openly advertising same-sex marriage JC Penney has had a rough go of things over the past 5 years despite ninety store closings there was no rebounding but a four and a half percent increase in sales from 2024 to 2024 provided some light at the end of the tunnel sadly that light is dimmed by the grim reality that any rebound still leaves the company's numbers paling in comparison to 2024 the last time it had roughly the same number of stores so its stock peaked in the first quarter of 2024 prices are slowly returning to those abysmal figures and with an ultimate Z score of point 8 JC Penney has the potential of being another casualty of the times number 9 New York & Company Incorporated when there's little hope for an upswing in a company's future they'll often turn to telltale actions that signify business isn't quite booming for New York and company closing retailer those actions included announcing upwards of 12 store closings and the conversion of 50 current locations into Outlet markets the new york-based retailer faced backlash from an emphasis on bargain shopping which caused a...
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