After surviving the COVID-19 pandemic, Rite Aid Corporation is still dealing with a heavy debt load and recurring net losses. Is bankruptcy nearing?
If you haven't seen big bankruptcy risk within Destination XL Group, Inc. yet, you need to look at the FRISK® score. Otherwise, avoiding a huge write-down will be a tall order.
CreditRiskMontior joined with law firm Lowenstein Sandler LLP to discuss the impact that private equity and hedge funds have on trade creditors’ rights, particularly in the retail sector. Join us for a webinar on the impact that private equity and hedge funds have on trade creditors’ rights, particularly in the retail sector.
Massive losses due to COVID-19 and the sale of its Canadian subsidiary indicates to CreditRiskMonitor subscribers that the fun may soon be over for Party City.
Textile manufacturer Pan Brothers Tbk PT unsuccessfully relied on a strategy of using short-term working-capital facilities to cover its long cash-conversion cycle, leading to eventual bankruptcy.
A steep decline in working capital and a skyrocketing total debt-to-EBITDA fuels our suspicion that Ferrellgas Partners, L.P. might be heading towards bankruptcy in the coming year.
Out of gas: American propane giant Ferrellgas Partners L.P. has met bankruptcy after years of financial turmoil and ever-growing risk.
Big-name retailers Macy’s, Inc. and Neiman Marcus Group LTD LLC are on opposite ends of the bankruptcy risk spectrum - and for Neiman Marcus, time may be running out to turn their fiscal fortunes around.
Apparel retailers have required significant adjustments to handle their financial leverage and operating lease commitments. Brooks Brothers and Tailored Brands, in particular, fell prey to slowing demand for professional business attire, a trend which was accelerated by the coronavirus pandemic.