credit
Saks Chapter 11: How It Plays Out for Vendors
The faster the court proceedings, the better it is for Saks looking to replenish its depleted shelves and…
Container Store Going-Concern Warning Ends in Chapter 11 Filing
Home storage retailer The Container Store files pre-packaged bankruptcy that will see it continue to operate…
Going Concern Risks Rise at The Container Group
After warning of a going-concern issue, The Container Store's immediate priority is securing a financing…
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This Is Why BuyBuy Baby Stores Had to Close
One credit firm cites cash flow challenges at both BuyBuy Baby and its parent entity Dream on Me, and more…
Trade Credit Risks Rise as Corporate Debt Levels Jump
Credit monitoring and risk management firm Creditsafe has some ideas on how firms can manage financial risks…
Fewer Retail Defaults Expected in 2025
Helping to lower the retailer default rate will be improved access to capital, and the number of retailers…
Boohoo To Launch Marketplace As It Gears Up For Lender Talks
Boohoo has 75 million pounds of debt due March 2025 and some are wondering what its largest stakeholder…
Big Lots Is Closing 150 Stores, Eyeing More Capital
The distressed home sector sees Big Lots shutting 150 stores and LL Flooring on the hunt for cash on heels of…
Guess Inc. Secures 100 Million Euro Expansion of Credit Facility
Guess' credit facility expanded to 350 million euros ($376.2 million), and its annual interest rate is tied…
Belk Said In Talks With KKR For Financing Package
The department store chain Belk Inc. is reportedly looking to raise $500 million to refinance its debt.
Bankruptcy Possible For Delta Apparel
Delta Apparel put Salt Life up for sale in October, and now its suspending manufacturing operations in…
US Default Risk for Fashion Retailers Shows Improvement in May
May has been kind to fashion retail, with only Rue 21 filing a bankruptcy petition, showing improved default…
US Corporate Bankruptcies See April Uptick
The consumer discretionary sector has the most year-to-date bankruptcy filings, with specialty retailer…
2024’s Retail Distress List is Growing, Experts Say
Asos, JCPenney, Neiman Marcus, Rent The Runway, Stitch Fix, and The RealReal are on the list credit watchers…
Report: Express Moving Closer to Bankruptcy Filing
Express is considering its options, and has reached out to lenders for Chapter 11 financing in case it…