Fails List of Failed Businesses and Unsuccessful Companies

Business and Company Info
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Thinking of starting a new business? Take a lesson from these failed companies! Presented is a list of notable failed businesses. What businesses have failed? These bankrupt business failures were notable in some way for either the size of the failed company or the unexpectedness of the insolvency. Which companies have failed? These are the notable corporate bombs of the last two decades.

These companies could not last forever. But these ones definitely lacked the staying power of someone of the most famous brands in the world today. Big companies deal with failure all the time. But when their epic fails get so large that they threaten to take down the whole business, there's not much hope for a bright future.

Which currently failing businesses do you think will go the way of the dodo? Which struggling companies will rally and avoid total meltdown? Only time will tell. For now, perhaps there's something to learn from these businesses that were definitely not too big to fail.

1
Alpa is listed (or ranked) 1 on the list List of Failed Businesses and Unsuccessful Companies
Alpa was formerly a Swiss camera design company and manufacturer of 35 mm SLR cameras. The current owners bought the company name after bankruptcy of the original company and the company exists ...more

2
British Satellite Broadcasting is listed (or ranked) 2 on the list List of Failed Businesses and Unsuccessful Companies
Media British Satellite Broadcasting was a television company headquartered in London, which provided direct broadcast satellite television services to the United Kingdom. The company was merged with ...more

3
Drexel Burnham Lambert is listed (or ranked) 3 on the list List of Failed Businesses and Unsuccessful Companies
Financial Services Drexel Burnham Lambert was a major Wall Street investment banking firm, which first rose to prominence and then was forced into bankruptcy in February 1990 by its involvement in illegal ...more

4
Miles Gordon Technology is listed (or ranked) 4 on the list List of Failed Businesses and Unsuccessful Companies
Miles Gordon Technology, known as MGT, was a small British company, initially specialising in high-quality add-ons for the Sinclair ZX Spectrum home computer. It was founded in June 1986 in ...more

5
MiniScribe is listed (or ranked) 5 on the list List of Failed Businesses and Unsuccessful Companies
MiniScribe was a manufacturer of disk storage products, founded in Longmont, Colorado in 1980. MiniScribe designed and sold stepper motor-based hard disk drives with a large amount of onboard ...more

6
Panther is listed (or ranked) 6 on the list List of Failed Businesses and Unsuccessful Companies

7
Pyramid Building Society is listed (or ranked) 7 on the list List of Failed Businesses and Unsuccessful Companies
The Pyramid Building Society, the Geelong Building Society and the Countrywide Building Society together made up the Farrow Group of building societies, based in Geelong, Australia. They ...more

8
Bank of Credit and Commerce In... is listed (or ranked) 8 on the list List of Failed Businesses and Unsuccessful Companies
The Bank of Credit and Commerce International was a major international bank founded in 1972 by Agha Hasan Abedi, a Pakistani financier. The Bank was registered in Luxembourg with head offices ...more

9
Eastern Air Lines is listed (or ranked) 9 on the list List of Failed Businesses and Unsuccessful Companies
Airline Eastern Air Lines was a major American airline from 1926 to 1991. Before its dissolution it was headquartered at Miami International Airport in an unincorporated area of Miami-Dade County, ...more

10
Emerald Software is listed (or ranked) 10 on the list List of Failed Businesses and Unsuccessful Companies
Video game Emerald Software was a video game publisher founded in 1988 by two UK entertainment executives - David Martin of Martech, and Mike Dixon who previously worked with EMI and worked as the company ...more

11
Executive Life Insurance Compa... is listed (or ranked) 11 on the list List of Failed Businesses and Unsuccessful Companies
Executive Life Insurance Company was once the largest life insurance company in California. Its financial problems and subsequent insolvency in April 1991 shocked its policyholders and the ...more

12
Lewis's is listed (or ranked) 12 on the list List of Failed Businesses and Unsuccessful Companies
Lewis's was a chain of British department stores that operated from 1856 to 1991, when the company went into administration. The first store, which opened in Liverpool city centre, became the ...more

13
Pan American World Airways is listed (or ranked) 13 on the list List of Failed Businesses and Unsuccessful Companies
Airline Pan American World Airways, commonly known as Pan Am, was the principal and largest international air carrier in the United States from 1927 until its collapse on December 4, 1991. Founded in ...more

14
Polly Peck is listed (or ranked) 14 on the list List of Failed Businesses and Unsuccessful Companies
Polly Peck Textile industry, Electronics industry Polly Peck International was a small British textile company which expanded rapidly in the 1980s and became a constituent of the FTSE 100 Index before collapsing in 1990 with debts of ...more

15
Aldershot F.C. is listed (or ranked) 15 on the list List of Failed Businesses and Unsuccessful Companies
Aldershot F.C.

16
Brabham is listed (or ranked) 16 on the list List of Failed Businesses and Unsuccessful Companies
Brabham Motor Racing Developments Ltd., commonly known as Brabham, was a British racing car manufacturer and Formula One racing team. Founded in 1960 by two Australians, driver Jack Brabham and designer ...more

17
Child World is listed (or ranked) 17 on the list List of Failed Businesses and Unsuccessful Companies
Retail Child World was an American chain of toy stores that was founded in Avon, Massachusetts, in 1970. Child World once boasted 182 stores and revenues of approximately $830 million annually. From ...more

18
Sullivan Bluth Studios is listed (or ranked) 18 on the list List of Failed Businesses and Unsuccessful Companies
Animation Sullivan Bluth Studios was an Irish-American animated film production company established in 1979 by animator Don Bluth. Bluth and several colleagues, all of whom were former Disney animators, ...more

19
Factory Records is listed (or ranked) 19 on the list List of Failed Businesses and Unsuccessful Companies
Factory Records Factory Records was a Manchester based British independent record label, started in 1978 by Tony Wilson and Alan Erasmus, which featured several prominent musical acts on its roster such as Joy ...more

20
March Engineering is listed (or ranked) 20 on the list List of Failed Businesses and Unsuccessful Companies
March Engineering

21
Norton Motorcycle Company is listed (or ranked) 21 on the list List of Failed Businesses and Unsuccessful Companies
The Norton Motorcycle Company is a British motorcycle marque, originally from Birmingham, UK, founded in 1898 as a manufacturer of "fittings and parts for the two-wheel trade". By ...more

22
Olympia and York is listed (or ranked) 22 on the list List of Failed Businesses and Unsuccessful Companies
Olympia & York was a major international property development firm based in Canada. The firm built major financial office complexes like Canary Wharf in London, the World Financial Center in ...more

23
Orion Pictures is listed (or ranked) 23 on the list List of Failed Businesses and Unsuccessful Companies
Film Orion Pictures Corporation is an American distribution company that produced and released films from 1978 until 1999, and was also involved in television production and syndication throughout ...more

24
Maxwell Communication Corporat... is listed (or ranked) 24 on the list List of Failed Businesses and Unsuccessful Companies
Maxwell Communications Corporation Mass media Maxwell Communication Corporation plc was a leading British media business. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index.

25
Rosso Corporation is listed (or ranked) 25 on the list List of Failed Businesses and Unsuccessful Companies
Rosso Corporation was a Japanese scale model manufacturer specializing in plastic scale kits and pre-assembled model cars. Rosso only made models in 1992 - for approximately one year.

26
Sam Computers is listed (or ranked) 26 on the list List of Failed Businesses and Unsuccessful Companies
Sam Computers

27
Schwinn Bicycle Company is listed (or ranked) 27 on the list List of Failed Businesses and Unsuccessful Companies

28
State Bank of South Australia is listed (or ranked) 28 on the list List of Failed Businesses and Unsuccessful Companies
State Bank Of South Australia The State Bank of South Australia was a bank owned by the Government of South Australia. Its collapse in 1991 was a major political event in South Australia. The surviving part of the bank now ...more

29
Vic Lee Motorsport is listed (or ranked) 29 on the list List of Failed Businesses and Unsuccessful Companies
Vic Lee Motorsport

30
Wang Laboratories is listed (or ranked) 30 on the list List of Failed Businesses and Unsuccessful Companies
Computer hardware, Computer Wang Laboratories was a computer company founded in 1951 by Dr. An Wang and Dr. G. Y. Chu. The company was successively headquartered in Cambridge, Massachusetts, Tewksbury, Massachusetts, and ...more

31
Windsor Safari Park is listed (or ranked) 31 on the list List of Failed Businesses and Unsuccessful Companies
Windsor Safari Park

32
DAF NV is listed (or ranked) 32 on the list List of Failed Businesses and Unsuccessful Companies
DAF NV DAF NV was a commercial vehicle manufacturing company based in the Netherlands and the United Kingdom. In 1993 DAF NV became insolvent.

33
Ferranti is listed (or ranked) 33 on the list List of Failed Businesses and Unsuccessful Companies
Ferranti or Ferranti International plc was a UK electrical engineering and equipment firm that operated for over a century from 1885 until it went bankrupt in 1993. Known primarily for defence ...more

34
Kentucky Central Insurance Com... is listed (or ranked) 34 on the list List of Failed Businesses and Unsuccessful Companies
Insurance Carriers Kentucky Central Life Insurance Company was one of the largest Life Insurance companies in the United States, writing policies in 49 states and the District of Columbia until its collapse in ...more

35
Lionel Corporation is listed (or ranked) 35 on the list List of Failed Businesses and Unsuccessful Companies
Retail Lionel Corporation was an American toy manufacturer and retailer that was in business from 1900-1993. Founded as an electrical novelties company, Lionel specialized in various products ...more

36
Loriciels is listed (or ranked) 36 on the list List of Failed Businesses and Unsuccessful Companies
Video game, Video game industry Loriciels was a French video game developing company that was active from 1983 to the early 1990s. During the 1980s, they developed games for various systems. The first game that Loriciels ...more

37
MZ Motorrad- und Zweiradwerk is listed (or ranked) 37 on the list List of Failed Businesses and Unsuccessful Companies
MZ Motorrad- und Zweiradwerk Motorcycles, Bicycles, and Parts Motorenwerke Zschopau GmbH, former MZ Motorrad- und Zweiradwerk GmbH is a German motorcycle manufacturer located in Zschopau, Saxony. The acronym MZ since 2009 stands for Motorenwerke Zschopau ...more

38
Cizeta Automobili is listed (or ranked) 38 on the list List of Failed Businesses and Unsuccessful Companies
Automotive industry Cizeta Automobili srl of Modena, Italy is a car manufacturer set up in the late 1980s by Claudio Zampolli and the record producer Giorgio Moroder. The name "Cizeta" comes from the ...more

39
Athena is listed (or ranked) 39 on the list List of Failed Businesses and Unsuccessful Companies
Video game, Interactive entertainment, Video game industry Athena Co. Ltd. is a Japanese video game developer, founded in July 1987.

40
Commodore International is listed (or ranked) 40 on the list List of Failed Businesses and Unsuccessful Companies
Consumer electronics, Computer hardware, Electronics industry Commodore International was a North American home computer and electronics manufacturer. Commodore International along with its subsidiary Commodore Business Machines participated in the ...more

41
Toaplan Co., Ltd. is listed (or ranked) 41 on the list List of Failed Businesses and Unsuccessful Companies
Video game, Video game industry Toaplan Co., Ltd. was a video game developer from Japan. They were responsible for the creation of a wide array of relatively famous scrolling shooters and other arcade games. The company ...more

42
Barings Bank is listed (or ranked) 42 on the list List of Failed Businesses and Unsuccessful Companies
Barings Bank Barings Bank was an English merchant bank based in London, and the world's second oldest merchant bank. It was founded in 1762 and was owned by the German-origined Baring family of merchants and ...more

43
Bugatti Automobili SpA is listed (or ranked) 43 on the list List of Failed Businesses and Unsuccessful Companies
Bugatti Automobili SpA

44
Carolco Pictures is listed (or ranked) 44 on the list List of Failed Businesses and Unsuccessful Companies
Motion Picture and Video Production, Film Carolco Pictures, Inc. is an American independent film production company that, within a decade, went from producing such blockbuster successes as Terminator 2: Judgment Day, Total Recall, and ...more

45
Jamesway is listed (or ranked) 45 on the list List of Failed Businesses and Unsuccessful Companies
Retail Jamesway was a chain of discount department stores based in Secaucus, New Jersey. It was founded in 1961 with a store in Jamestown, New York, and at its peak operated 138 stores in the Northeast ...more

46
Rexon is listed (or ranked) 46 on the list List of Failed Businesses and Unsuccessful Companies
Rexon

47
Simtek Corporation is listed (or ranked) 47 on the list List of Failed Businesses and Unsuccessful Companies
Semiconductor and Other Electronic Component Manufacturing Simtek Corporation, headquartered in Colorado Springs, CO, was an early leader in the development of SONOS memory technology which it used in its nvSRAM product line which featured a SONOS Flash ...more

48
Tooton's is listed (or ranked) 48 on the list List of Failed Businesses and Unsuccessful Companies
Tooton's Photography, commonly known simply as Tooton's, was a photography retailer in the Canadian provinces of Newfoundland and Labrador, and Nova Scotia, from the early 1900s until November, ...more

49
Ac Cars is listed (or ranked) 49 on the list List of Failed Businesses and Unsuccessful Companies
Ac Cars

50
Chieftain Products is listed (or ranked) 50 on the list List of Failed Businesses and Unsuccessful Companies
Video game Chieftain Products was a Canada-based toy & game company which released games such as Scrabble, Atmosfear, etc. Founded in 1972 by Edward J. Scott in Toronto, Ontario, this toy company was ...more