Ben Unglesbee of RetailDive leverages CreditRiskMonitor FRISK®️ score data to examine the current financial health of mega retailer Neiman Marcus Group LTD LLC.
Time is running out for health retailer GNC Holdings, Inc. to shape up. The popular house of nutrition is suffering mightily under the weight of debt.
Being one of the first major retailers derailed by COVID-19? Hardly fashionable. How did it all go wrong for J.Crew?
Major discount retailer, Big Lots, Inc. filed for bankruptcy on September 9, 2024. Importantly, both payment-based (DBT Index) and financial-only based models (Z’’-Score) failed to warn about this company’s bankruptcy risk. Conversely, the FRISK® Score provided warning for more than a year, enabling clients to mitigate their trade credit exposure.
It's getting late for Tuesday Morning Corporation to get its act together financially. The off-price retailer is struggling to control debt, compounded by persistent losses in the aftermath of COVID-19 shutdowns.
Cash-strapped home goods retailer Bed Bath & Beyond is now bankrupt, capping one of the craziest documented descents into Chapter 11 seen by our clients in some time.
Bankruptcy has come for Tuesday Morning Corporation, the once-popular off-price retailer that buckled after lenders put the kibosh on the company’s ability to borrow additional money to finance operations.
No two public companies are cut from the exact same cloth, yet the telltale signs of potential bankruptcy shown by craft retailer JOANN Inc. are universal: lots of leverage, recurring net losses, and negative free cash flow.
The "retail apocalypse" rages on in the United States, as department store The Bon-Ton Stores, Inc. filed for bankruptcy in February 2018.