It’s just not working out: the coronavirus pandemic is forcing the hand of financially weak American fitness operations to pursue bankruptcy, with many involving permanent location closures.
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A look at our FRISK® Stress Index shows that there are more than 30 large-scale public companies within the restaurant industry at heightened risk of bankruptcy in 2019.
For J. C. Penney Company, Inc., CreditRiskMonitor's proprietary subscriber crowdsourcing is indicating negative sentiment and matches the high-risk assessment of the retail giant provided by the FRISK® score.
CreditRiskMonitor’s integration of subscriber crowdsourcing into the FRISK® score continues to prove itself as a unique enhancement, unavailable in any other bankruptcy prediction model. Recently, the "Virtual Credit Group" highlighted the elevated risk of coal miners Peabody Energy Corporation and Alpha Metallurgical Resources Inc.
CreditRiskMonitor offers up five quick and important facts that you need to know about WeWork Inc. to make a more solid business evaluation – or, more advisable, even an alteration of credit extension or a pivot to a peer.
Rite Aid Corporation's elevated risk of financial failure might be imperceptible if a credit and procurement managers put too much stock into whether or not the pharma retail mainstay continues to pay bills on time.
Trucking industry bellwethers, including UPS, FedEx, and Amazon, continue to enjoy steady delivery volumes and pricing power. Yet their collective lack of forward guidance reflects an industry with uncertainty, particularly for underperforming truckers.
Firearm industry leader Remington Outdoor Company, Inc. is on the path of steep decline and bankruptcy after nearly 200 years of operation. Our newer private company solutions were able to identify elevated risk quickly in Remington's case.
The FRISK® score downgraded retailers and restaurants in February and March following the market sell-off stemming from coronavirus.