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many businesses going kaput...

dancingshoes

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Last Wednesday, HMV shut its last Singapore store, going the way of several other music retailers here in recent years.

The retail scene here is challenging. Competition is rife, rents are high and businesses grapple with a manpower shortage. They cannot rely merely on defensive moves like cost-cutting. They must think big, innovate and stay ahead of the curve.

Take the case of Kodak. In 1975, one employee invented the digital camera but was told, effectively, to shelve it. At that time, Kodak cornered about 90 per cent of film and camera sales in the United States - each digital camera sold would have eaten away at that.

When Kodak finally embraced digital, it was too late. It filed for bankruptcy in 2012.

http://www.straitstimes.com/singapore/make-change-your-business
 
Maybe people no longer buys physical CDs anymore?

Download Mp3 is the way to go?

One store HMV is considered many?

Your usage of the article many could be excessive!
 
Hmv should have seen the writing on the wall and gone into digital distribution instead of staying with the traditional brick and mortar retail. Just like Kodak and Nokia, they've become irrelevant in their own game because they ignored the technology trend. No need to feel sad for these big brands..
 
Just like Kodak and Nokia, they've become irrelevant in their own game because they ignored the technology trend. No need to feel sad for these big brands..

That said, the Workers' Party is another political brand name which stands to lose everything if it continues to ignore new media in political engagement with voters. You can see how Sdp used YouTube to rebuild its brand, and Pap used Facebook to dominate the internet... but wp merely stuck to the traditional method of rallying during the 10 day campaign period.. Time to wake up, wp...
 
Sdp can't even get into Parliament!

Oppositions are irrelevant in their own game now!

Because there are too many of them competiting with one another!
 
Sdp can't even get into Parliament!

Oppositions are irrelevant in their own game now!

Because there are too many of them competiting with one another!


PAP has had 50 years to entrench themselves into the Spore gov't. They control the courts, police, army, media,.... everything.
So it is not surprising that the opposition is having problems getting into parliament.
 
Last Wednesday, HMV shut its last Singapore store, going the way of several other music retailers here in recent years.

The retail scene here is challenging. Competition is rife, rents are high and businesses grapple with a manpower shortage. They cannot rely merely on defensive moves like cost-cutting. They must think big, innovate and stay ahead of the curve.

Take the case of Kodak. In 1975, one employee invented the digital camera but was told, effectively, to shelve it. At that time, Kodak cornered about 90 per cent of film and camera sales in the United States - each digital camera sold would have eaten away at that.

When Kodak finally embraced digital, it was too late. It filed for bankruptcy in 2012.

http://www.straitstimes.com/singapore/make-change-your-business

B$ that they furiously tried to laucnch their digi cameras but alas the japs were too far ahead!! It wass a miscarriage
 
Sdp can't even get into Parliament!

Oppositions are irrelevant in their own game now!

Because there are too many of them competiting with one another!

another 5 yrs PAP will make more mistakes; new shitizens become old shits; LKY magic waned.......... it is tsunami of the epic kind........... this HC will have to go on permanent sabbatical!!
 
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