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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The coronavirus has reduced air travel across key channels worldwide. Equity markets are souring on airliners, especially those that already carry excessive debt and are strapped for cash.
Commodities trader Noble Group Limited is in talks with creditors to restructure its debt. Their FRISK® score is in the high-risk "red zone," warning risk professionals of Noble Group's poor financial condition.
Australia’s previously stable economy is exhibiting an increase in risk due to a number of factors like a retail sales decline and slowing in its overheated housing market.
Sentiment data, farmed from leading credit managers who subscribe to our service, is pointing to extreme bankruptcy risk in a growing list of leading oil and gas giants.
Establishing a culture of strong supply chain oversight is vital during a global pandemic, and CreditRiskMonitor can provide you all the tools necessary to be successful in this endeavor.
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.
Just like tariffs, supplier financial risk has become an important category to monitor by company procurement departments. If this isn't on your radar today, it should be.
CreditRiskMonitor recently published a High Risk Report on pharmacy retail chain Rite Aid Corporation. This detailed report will provide five quick and important facts that you need to know about this financially weak drug store operator.