Retail Bankruptcies Pose Imminent Danger to The Backroom
In the latest episode of The Backroom with Retail Dive, hosts Daphne Howland and Ben Unglesbee explore the ongoing topic of distressed retailers at risk of bankruptcy. This sponsored podcast, available on iTunes and Stitcher, offers insights into the current state of the retail sector.
The list of distressed retailers, compiled by Reporter Ben Unglesbee, primarily includes apparel companies operating in the United States, the United Kingdom, and major European countries. However, the specific names and market regions of these retailers are not publicly detailed in the available information. This year, a significant number of 28 retailers were on the list.
The Retail Dive team uses data provided by CreditRiskMonitor and their FRISK score analysis to compile this list. The FRISK score is a measurement of factors including credit rating, stock volatility, and other financial metrics, used by CreditRiskMonitor to analyze companies.
In the podcast, Daphne Howland and Ben Unglesbee discuss the challenges faced by specialty clothing businesses, as well as the apparel industry's reckoning and personal experiences when shopping for clothes. They also address any potential changes in FRISK methodology, with Unglesbee confirming that there were no such changes, according to CreditRiskMonitor.
It is important to note that the content of The Backroom with Retail Dive does not reflect the views or opinions of the sponsor's employees. The sponsor has no influence over Retail Dive's coverage.
The podcast's discussion is part of Retail Dive's ongoing research, investigation, and discussion into bankruptcy. The company has been compiling such lists since the summer of 2017.
Listeners can tune in to The Backroom with Retail Dive to gain valuable insights into the current retail landscape and the challenges faced by the industry. The podcast is accessible here, making it convenient for anyone to listen and stay informed.
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