This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Industries That Are Doomed to Fail

2. The coin-operated laundromat and dry-cleaning industry, with revenue of $4.2 billion annually, is seen shrinking by 1% per year over the next five years. Competition from consumers' use of household washers and dryers and a decline in the use of drop-off and pick-up laundry and dry-cleaning services has resulted in an industry-wide decline in revenue.

Laundromats and dry cleaners, big users of electricity, are also facing rising utility costs that are hurting profits and squeezing some people out of the business. Big industry-equipment providers that are threatened by this trend include Coinmach and Mac-Gray (TUC).

1. The DVD, game and video-rental industry, which includes subscriptions for mail-distributed and in-store media rentals, is being challenged by streaming media, video on demand and online downloads.

Current annual revenue of $6.6 billion is seen declining by 13% annually over the next five years. The industry is also being hurt by reduced consumer spending.

In addition, the increase in households with Internet connections will further hurt rentals.

The leading industry players include Netflix (NFLX - Get Report), which began as a mail-order DVD-rental business, but is in the process of shifting more to an online business, and Coinstar (CSTR), which owns the Redbox DVD-rental service.

Disclosure: TheStreet's editorial policy prohibits staff editors and reporters from holding positions in any individual stocks.
3 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
DPS $90.91 0.00%
KO $44.80 0.00%
NFLX $90.03 0.00%
PEP $102.96 0.00%
T $38.82 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs