Archive for the ‘Boom-Bubble Phenomenon’ Category
Forbes on the crumbling of Crumbs (bold emphasis mine): Back in July 2011, Crumbs went public in a reverse merger at just over $13 per share. At approximately $60 million market cap, Crumbs wasn’t huge, but that was a hefty price given the chain only had about 35 stores. Trouble came just about a month after [...]
I called the cupcake bubble back in 2009. Post-economic bust, what started rising from the economy’s ashes was a series of economic “successes” whose popularity made no sense in an economy that was awash with bubble-bust carnage. Cupcakes were the most obvious an imminent mishap. Later on, as cupcake pandemonia took firm hold and media stories [...]
An article on Yahoo Finance revisits the early 1990s Beanie Baby craze, and one family that almost became bankrupt due to their collective zealotry. Heralded as valuable collectibles, people would rush out to buy the $5.95 toys for their children or themselves, eagerly waiting for them to appreciate in value. But then the Beanie Baby bubble [...]
I have written often on the silliness of the whole cupcake craze that has swept America in recent years. My earliest cupcake-bashing post goes back to 2009. Finally, folks are declaring that the cupcake craze was indeed a bubble and it was indeed ludicrous. Yahoo writes, “More Evidence That the Gourmet Cupcake Bubble Has Popped.” Forbes [...]
Pizza Hut “crazy cheesy crust.” More dumbed-down infantilism for the adult masses. “16 semi-circles of cheese that can be pulled off and eaten separately” ?? And it ain’t just Americans. Pizza Hut has also offered variations of the cheese-stuffed crust with pepperoni and other toppings hidden inside. Fast-food fanatics may also notice that the latest [...]
Here it is, for all of those adults who relish and glorify the cereal life. A gathering of greatness.
Don’t blame the people at General Mills – these marketing types are near brilliant, and they know exactly what they are doing. An article in Advertising Age showcases the effort on the part of the cereal maker to appeal to the American adult juvenile set. The percentage of Lucky Charms consumers who are adults has [...]
There is a funny article in MedPage Today: “Kids Today Are Really Different.” The thesis of the article is essentially a psychobabble way of saying that a lot of folks just don’t grow up anymore. As usual, the solution offered is more government programs (on a global level) and more quasi-governmental academic experts to fix human [...]
The Brit press loves to make fun of stupid Americans wearing stupid shoes. Here they go again on Crocs. The new shoe design? Still hideously childish.