Word: shakeout
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Dates: during 2000-2009
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...Hagale says, it's a big country. The boat business doesn't have clear sailing either. Industry leader Brunswick is on a vertical-integration tear, a strategy that brought another firm, Outboard Marine, into bankruptcy. Genmar stepped in to feed on the remains, but Jacobs warns that a further shakeout looms in a market that is stagnant at about 300,000 units annually and getting hurt by gas prices...
...Until only about a year ago, the U.S. was crazy for condos. More than 2.5 million units opened in a decade. But that produced a vast excess of supply, notably in California, Texas and Florida. Speculators who had bought condos in the hope of fast price appreciation saw the shakeout coming and dumped even more of them on the market. At the same time, demand was dampened by the maturing of baby boomers, many of whom now aspire to move from condos to split-level suburban homes with lawns. Many new condo projects, particularly luxury developments, have become virtual ghost...
...restaurants make the mistake of adding haphazardly until no one knows what they are," says Pizza Hut Spokesman Mike Jenkins. "We try not to forget that we are a pizza restaurant." Maintaining an identity is important, especially since most analysts regard the field as overcrowded and predict a shakeout in the next few years...
...that the growth of U.S. drop-off firms took eBay by surprise, and that it has considered launching its own facility. But, he says, "we need to focus on what we do best: making it easier to connect buyers and sellers." Or perhaps it's waiting for a market shakeout. California-based AuctionDrop, one of the biggest operations in the U.S., recently closed four of its five stores, shifting focus to drop-off points inside parcel-courier UPS' stores. That might not be the best move, says Scott H. Kessler, an Internet retail equity analyst at Standard & Poor...
...wherever we can," vows Stephen Johnson of Phoenix-based Indigo Partners, an investment company that owns 24% of Tiger. But for all these grandiose dreams, executives believe that not all of the budget carriers can survive. "There is going to have to be a consolidation or shakeout in the industry," warns Tiger's chairman William Franke, a former CEO of America West...