Resources

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.

Engine failure: the bankruptcy of Briggs & Stratton Corporation was an event long suspected by CreditRiskMonitor subscribers who watched the company's fledgling FRISK® score on a daily basis.

When WW International (Weight Watchers) filed for bankruptcy, credit professionals relying solely on financial-based models like the Z''-Score did not detect the company’s financial distress. CreditRiskMonitor’s 96%-accurate FRISK® Score – a real-time, hybrid model – flagged WW International’s financial distress well in advance, offering a crucial early warning. This case underscores the power of combining financial data, stock market performance, aggregate insider sentiment, and agency ratings for precise bankruptcy predictions. 

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.

Ben Unglesbee of RetailDive leverages CreditRiskMonitor FRISK®️ score data to examine the current financial health of mega retailer Neiman Marcus Group LTD LLC.

Pamela Danziger of Forbes cites CreditRiskMonitor FRISK® score data to identify at-risk retailers during a sweeping restructure of the physical retail sector.

Skies aren't so friendly anymore for one of Asia's largest airliners, reorganizing in court and leaving creditors to collect the scraps - except for those savvy folks who relied on the FRISK® score to sidestep risk.

Ben Unglesbee of RetailDive refers to the CreditRiskMonitor FRISK® score to determine 10 retailers with heightened bankruptcy risk heading into the second half of 2018.

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.