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.
Resources
Stay ahead of public company risk with our bankruptcy case studies, high risk reports, blogs and more.
Retail Apocalypse Now: Houston-based Stage Stores, Inc. has filed for Chapter 11 bankruptcy protection, just one of several large U.S. retailers to do so thus far in the month of May.
Struggling Neiman Marcus Group has been bleeding cash and has the worst possible FRISK® score of "1," could it be the next retail bankruptcy?
Claire's Stores, Inc., a retailer aimed at providing boutique jewelry and accessories for young women, has filed for Chapter 11 bankruptcy protection.
Doug Whiteman of MoneyWise cites CreditRiskMonitor data to predict which publicly traded retailers might be the next to declare bankruptcy.
The party's over. Party City Holdco put up a fight, but suffocating debt and supply chain woes forced the American retailer into Chapter 11 bankruptcy.
Unfortunately, bankruptcy fit Christopher & Banks Corporation perfectly, as the women's apparel retailer was walloped by the economic downturn brought on by COVID-19.
With data provided by CreditRiskMonitor, RetailDive's Ben Unglesbee looks at the growing debt problem plaguing American retailer J. C. Penney Company, Inc.
Retail leader Fred's, Inc. tried to stave off Chapter 11 with new leadership while hundreds of their drugstores closed for good. A household name in much of the U.S., we look at what led to their rapid decline.