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Stock impact report

127-year-old jewelry chain closing forever, no bankruptcy [Yahoo! Finance]

Levi Strauss & Co Class A (LEVI) 
Last levi strauss & co class a earnings: 4/7 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
While hundred-year-old U.S. businesses are incredibly rare, businesses that go out by their own choice might be even rarer. Usually, time catches up with every brand. Yes, a few centenarian brands — like Levi Strauss, Wegmans, and Lowe's — have pretty much been straight-line successes. The vast majority, however, have faced bankruptcy and escaped death only because of the value of their brand name. Others that made the list, like Sears, exist, but they're zombie versions of companies that were once successful. Most businesses fail, even though consumers lean toward the familiar, giving established names an edge. "People like consistency. Whether it's a store or a restaurant, they want to come in and see what you are famous for," Mickey Drexler, former CEO of the J. Crew Group said, according to The Retail Bulletin One of the few people to actually lead a company that has thrived for over 100 years, former Levi's CEO Chip Bergh, shared his keys to success with Axios “One o Show less Read more
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