Nearly 30 percent of Australia's public companies in our CreditRiskMonitor global directory are at a FRISK® score which indicates an elevated level of bankruptcy risk in 2018. Supply chain professionals must know that even in a strong Australian economy, risk exists in plenty of industries.
For grocery stores, suppliers and lenders often have the most risk exposure. Tops Holdings and Southeastern Grocers filed for Chapter 11 bankruptcy restructuring in early 2018, largely as a result of their heavy debt burdens.
Rex Energy Corporation's elevated bankruptcy risk is being highlighted by subscriber crowdsourcing and its bottom-rung FRISK® score.
CreditRiskMonitor (OTCQX: CRMZ) reported that for the three months ended March 31, 2018 revenues increased 4% to $3.37 million compared to $3.24 million in last year’s first quarter.
CreditRiskMonitor was honored by SpendMatters as one of "50 Providers to Watch" in procurement for 2018, among top companies offering the latest and most innovative solutions in the industry.
Houston-based Parker Drilling Company's FRISK® score is sinking deeper into the "red zone," signaling acute financial risk for this oil & gas services operator.
Claire's Stores, Inc., a retailer aimed at providing boutique jewelry and accessories for young women, has filed for Chapter 11 bankruptcy protection.
Lidia Ryan of The Register Citizen, a Connecticut-based newspaper, cites CreditRiskMonitor FRISK® score figures into this report about major retail chains at risk of bankruptcy.
Daphne Howland of Retail Dive reports on the recent store closings of specialty retailer General Nutrition Center (GNC), citing CreditRiskMonitor's FRISK® score as a reliable measure for predicting public company bankruptcy risk.
Julia Melcher of Style Democracy looks at major retailers with CreditRiskMonitor FRISK® scores of "2" and below, indicating heightened bankruptcy risk for those companies in 2018.
Using the CreditRiskMonitor's FRISK® score as his main barometer, Ben Unglesbee of Retail Dive looks at a dozen retailers at risk for bankruptcy this year.
In this audio interview, CreditRiskMonitor CEO Jerry Flum speaks to SupplyChainBrain's Bob Bowman about crowdsourcing and the unique nature of credit managers' behavioral data.