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underpants

(182,828 posts)
Fri Jan 23, 2015, 04:06 PM Jan 2015

SkyMall parent company files for bankruptcy, CEO blames electronic devices

http://arstechnica.com/gadgets/2015/01/skymall-parent-company-files-for-bankruptcy-ceo-blames-electronic-devices/

SkyMall LLC, the company behind those absurd in-flight shopping catalogs that are often stuffed in the seat-back pocket on many airlines, filed for Chapter 11 bankruptcy in Phoenix on Thursday. SkyMall is owned by Xhibit Corp., whose CEO Scott Wiley said that the growth of electronic devices and in-flight Wi-Fi threatened the profitability of the marketing rag.

Most people know SkyMall as a catalog full of wacky or ridiculous products to flip through while you're trapped in a tube hurtling through the air at hundreds of miles per hour. Some of the products made dubious claims (like this hiccup stick), others were fantastic and borderline nuts/genius (like the SkySaver). Other things were really only for the tackiest person you know (like this NFL high heel wine holder). Some of the electronic stuff was actually kind of neat, though (in recent years I noted an uptick in robots and drones in SkyMall's illustrious pages).

In its bankruptcy filing (PDF), Xhibit wrote, “Historically, the SkyMall catalog was the sole in-flight option for potential purchasers of products to review while traveling. With the increased use of electronic devices on planes, fewer people browsed the SkyMall in-flight catalog.” The company added that the Federal Aviation Administration's recent decision to allow gadget use during takeoff and landing exacerbated the problem, as did the increasing number of airlines that offer in-flight Wi-Fi.


On Edit 11 whacky Sky Mall items

http://www.businessinsider.com/skymalls-most-ridiculous-items-2015-1
18 replies = new reply since forum marked as read
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SkyMall parent company files for bankruptcy, CEO blames electronic devices (Original Post) underpants Jan 2015 OP
OH FUCK!!!!! MohRokTah Jan 2015 #1
Or a portrait of my pet as 17th century nobility!!?! PeaceNikki Jan 2015 #2
Not to mention one of these MohRokTah Jan 2015 #5
Or these??!?!? PeaceNikki Jan 2015 #6
Or hiccup sticks underpants Jan 2015 #9
Maybe Dr. Evil has one? randome Jan 2015 #3
Not in Foxboro underpants Jan 2015 #4
/thread Initech Jan 2015 #8
Or zombie garden gnomes Retrograde Jan 2015 #15
The electronic device restrictions are no longer in place. MohRokTah Jan 2015 #16
less dreck for drecksters ? olddots Jan 2015 #7
Those catalogues kept me entertained during many a long trip back in the day... stevenleser Jan 2015 #10
Guess that answers the question "who buys this shit?". Answer: no one! Initech Jan 2015 #11
Wow, they had $33 million in sales in 2013. How did that happen? stevenleser Jan 2015 #13
Sales = $33.7 million, CEO salary = $34 million. Initech Jan 2015 #17
I liked looking at the stuff in those catalogs. HappyMe Jan 2015 #12
When the takeoff electronic device restrictions were in place,... MohRokTah Jan 2015 #14
Mashable did a good tribute... PeaceNikki Jan 2015 #18
 

MohRokTah

(15,429 posts)
1. OH FUCK!!!!!
Fri Jan 23, 2015, 04:07 PM
Jan 2015

Now where am I going to find that giant globe that opens up with a mini-bar inside??????

 

randome

(34,845 posts)
3. Maybe Dr. Evil has one?
Fri Jan 23, 2015, 04:10 PM
Jan 2015

[hr][font color="blue"][center]"There is a crack in everything. That's how the light gets in."
Leonard Cohen, Anthem (1992)
[/center][/font][hr]

Retrograde

(10,137 posts)
15. Or zombie garden gnomes
Fri Jan 23, 2015, 04:40 PM
Jan 2015

shown here, or an end table I can keep my dog in?

Drat. Now I'm going to have to find some other way to occupy those 5 minutes...

 

MohRokTah

(15,429 posts)
16. The electronic device restrictions are no longer in place.
Fri Jan 23, 2015, 04:42 PM
Jan 2015

I'm sure that sank any business Skymall had at all.

I used to thumb through the damnable thing until I could open up my iPad Kindle app. Now, I take my seat and only put down the device if I need to get up to let somebody in or out of the row. I never touch the Skymall any more.

 

stevenleser

(32,886 posts)
10. Those catalogues kept me entertained during many a long trip back in the day...
Fri Jan 23, 2015, 04:17 PM
Jan 2015

... but I could never understand how they were profitable. Did people actually buy stuff from them?

Initech

(100,080 posts)
11. Guess that answers the question "who buys this shit?". Answer: no one!
Fri Jan 23, 2015, 04:19 PM
Jan 2015

Although that's what happens when 400 people control 1/2 the world's wealth.

 

stevenleser

(32,886 posts)
13. Wow, they had $33 million in sales in 2013. How did that happen?
Fri Jan 23, 2015, 04:33 PM
Jan 2015

I'm like you, I always thought no one bought any of that crap.

Still, while SkyMall generated revenue of approximately $33.7 million in 2013, the company only raked in $15.8 million for the first nine months of 2014.

Initech

(100,080 posts)
17. Sales = $33.7 million, CEO salary = $34 million.
Fri Jan 23, 2015, 06:29 PM
Jan 2015

That would be my guess!

Although this has to be my favorite Sky Mall item by far:





HappyMe

(20,277 posts)
12. I liked looking at the stuff in those catalogs.
Fri Jan 23, 2015, 04:22 PM
Jan 2015

All around good entertainment - who thought of this item, how did they dream this up, who buys these things, what the hell? .....

 

MohRokTah

(15,429 posts)
14. When the takeoff electronic device restrictions were in place,...
Fri Jan 23, 2015, 04:37 PM
Jan 2015

how could one NOT thumb through the Skymall catalog?

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