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.
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.
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.
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.
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.
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.
California-based biopharmaceutical company Orexigen Therapeutics, Inc. failed to pass our FRISK® score inspection for years, ultimately filing for bankruptcy in early 2018.