Sock Shop, Golden Wonder and Lehman Brothers: big names that once dominated the high street, the supermarket shelves and the financial world. They faded from view, yet still exist today. What prompted their demise? How did they lose market share? Evan Davis and guests discuss the rise and fall of these iconic companies and explore whether they can ever reach the success of their golden years.
- Vimal Ruia, Managing Director, Sock Shop
- Paul Allen, CEO, Tayto
- Tony Lomas, Chief Administrator, Lehman Brothers in the UK
This edition of The Bottom Line is first broadcast on BBC Radio 4 on Thursday 5th March 2015. For further details, and to listen online where available, please visit the BBC website.
Find out more about business change
What happens when start-up businesses fail to learn the basic lessons from the past?Read nowContinuity and change: Learning from previous generations
How has online shopping grown since 1995? What happened when? How many of us were online, and where we could shop?Take part nowHistory of online retail
Level: 1 Introductory
Can a supermarket success in a changing economic environment?Read nowWoolworths in the post-apartheid era
Level: 1 Introductory
In this free course, Entrepreneurial impressions - reflection, you will be encouraged to unpack your own experiences of, and perceptions about, entrepreneurs and entrepreneurship. You will also take a look at the relevant research evidence on entrepreneurial personality and on the role of informal ties with family and friends. There are still many unresolved questions about the nature of entrepreneurship, and as a consequence you can find people with radically different experiences and opinions.Learn moreEntrepreneurial impressions – reflection
Level: 3 Advanced
Take it further with The Open University...
Do you want the freedom to study a range of subjects? Then our Open qualifications are ideal. The BA/BSc (Honours) Open is an honours degree with a difference. Free from the restriction of a subject-specific specialism, you can set the direction of your learning. By choosing modules from over 16 subject areas, you'll create a bespoke qualification that reflects your interests, or helps you stand out in the competitive job market.Learn moreBA/BSc (Honours) Open degree
How do businesses develop strategies, handle risk and take decisions? What’s involved in essential business functions such as marketing, accounting and finance? This degree in business studies provides an innovative and accessible introduction to the world of business, and helps you relate your studies directly to your own workplace. You’ll investigate how organisations think and work, how they’re managed, and the external world in which they operate. You’ll also gain a general understanding of business organisations and their key elements; wider considerations such as environments, markets and processes; and how all these work together. This degree course includes flexible options, enabling you to specialise in an area of business studies – for example, accounting – or you can combine business studies with another subject and study for a BA (Hons) Business Studies with Economics, Environment, French, International Development, Law or Spanish.Learn moreBA (Honours) Business Studies