There's no end in sight to the carnage COVID-19 is rendering in the retail sector. Public and private company bankruptcies in this industry are piling up as 2020 embarks into Q4.
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![There's no end in sight to the carnage COVID-19 is rendering in the retail sector. Public and private company bankruptcies in this industry are piling up as 2020 embarks into Q4. There's no end in sight to the carnage COVID-19 is rendering in the retail sector. Public and private company bankruptcies in this industry are piling up as 2020 embarks into Q4.](/sites/default/files/styles/featured_image/public/2020-10/iStock-1213328855.jpg.webp?itok=aKq_IiuZ)
![The challenged consumer environment will continue to pressure retailers and restaurants, which spells trouble for the collective group but especially for operators with red zone FRISK® scores. The challenged consumer environment will continue to pressure retailers and restaurants, which spells trouble for the collective group but especially for operators with red zone FRISK® scores.](/sites/default/files/styles/featured_image/public/2022-08/tuesday_morning_2121_1414.png.webp?itok=YwW6xwR3)
The challenged consumer environment will continue to pressure retailers and restaurants, which spells trouble for the collective group but especially for operators with red zone FRISK® scores.
![Forewarned is Forearmed in the Dean Foods Bankruptcy](/sites/default/files/styles/featured_image/public/2020-01/Dean_Foods_2121_1414_2.png.webp?itok=wZMmawga)
As the fallout from one of the biggest bankruptcies of 2019 begins to settle, we see that credit and procurement professionals who evaluate risk in public companies as a habitual practice are proving to be the best at avoiding unnecessary exposure.
![Car factory worker](/sites/default/files/styles/featured_image/public/2020-01/blog-car-factory.jpg.webp?itok=MlrqOlUh)
A contraction in credit is not something that might occur: It will happen at some point. Risk professionals dealing with the transportation and manufacturing industries are better off preparing now, while economic conditions are still strong.
![Bankruptcies in Your Supply Chain Bring About Bare Shelves and Significant Financial Pain](/sites/default/files/styles/featured_image/public/2020-02/Grocery_Supply_Chain_2121_1414_4.jpg.webp?itok=LoebF8tQ)
If a premium grocery chain like Whole Foods can experience a multi-month SKU disaster, chances are that it can happen to your company too. Evaluate the financial health of your supply chain, see which vendors are most at risk of failure, and take the necessary steps to safeguard against them.
![CreditRiskMonitor® offers up five quick and important facts that you needed to know about now-bankrupt WeWork Inc. to have made a more solid business evaluation – or, more advisable, an alteration of credit extension or a pivot to a peer. CreditRiskMonitor® offers up five quick and important facts that you needed to know about now-bankrupt WeWork Inc. to have made a more solid business evaluation – or, more advisable, an alteration of credit extension or a pivot to a peer.](/sites/default/files/styles/featured_image/public/2024-01/WeWork_2121_1414_4.png.webp?itok=yau_2YxG)
CreditRiskMonitor® offers up five quick and important facts that you needed to know about now-bankrupt WeWork Inc. to have made a more solid business evaluation – or, more advisable, an alteration of credit extension or a pivot to a peer.
![As Economic Storm Clouds Darken, Challenges in the Trucking Industry Mount](/sites/default/files/styles/featured_image/public/2020-02/Rig_8b.jpg.webp?itok=bVj9SsJN)
With cracks already starting to show in the trucking industry and CFOs worrying that economic conditions are primed to decline, the time to prepare is now.
![Customer service employees](/sites/default/files/styles/featured_image/public/2020-01/blog-customer-service.jpg.webp?itok=ICY-Rt7q)
A recent high-profile bankruptcy within telecom provides a golden example of how reliance on payment data in assessing risk within public companies is foolhardy.
![CreditRiskMonitor warned of the increasing bankruptcy risk at newspaper owner McClatchy Company for more than a year before their Chapter 11 filing in February 2020. Yet McClatchy Company is not an isolated case and risk professionals should be monitoring other news provider outlets closely. McClatchy Bankruptcy an Ominous Development for Distressed News Providers](/sites/default/files/styles/featured_image/public/2020-04/Newspaper_2121_1414_1.jpg.webp?itok=Rh7MTD-h)
CreditRiskMonitor warned of the increased bankruptcy risk at newspaper owner McClatchy Company for more than a year before their Chapter 11 filing in February 2020. Yet McClatchy Company is not an isolated case and risk professionals should be monitoring other news provider outlets closely.