This Post Brought To You By The Words 'Quality Designer Resin'

“In-Flight Catalog SkyMall Files for Bankruptcy,” the Wall Street Journal reports:

“With the increased use of electronic devices on planes, fewer people browsed the SkyMall in-flight catalog,” Mr. Wiley said.

The increase in the number of airlines providing Internet access “resulted in additional competition from e-commerce retailers and additional competition for the attention of passengers, all of which further negatively impacted SkyMall’s catalog sales,” he added.

The SkyMall business had revenue of about $33.7 million in 2013, but only $15.8 million for the nine months ended September 28, 2014.

SkyMall filed to preserve their assets by seeking “to achieve a sale of their assets and complete an orderly wind-down of their affairs,” said Mr. Wiley.

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Is nothing sacred? 2015 is certainly starting off on a consolidating note as first Radio Shack, and now SkyMall as the mighty buzzsaw of Amazon continues to devour the rest of the retail world. I’m not sure if I can face living in a world without SkyMall, but how will Barney Stinson survive?

And where will the rest of us get our backyard-enhancing products made from “quality designer resin,” eh?

 

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