RapidRatings

01/25/2023

ICYMI: The New York Times sought analysis from RapidRatings on the financial blundering of home-goods retailer Bed Bath & Beyond

Our ratings flagged the deterioration of Bed Bath & Beyond back in March 2018. Since then, the FHR has been a leading indicator in the company’s decline, staying true to the underlying fundamentals of the home-goods retailer even when their stock went up.

Missed the article? No problem—you can read the RapidRatings’ perspective through our website 👉

This article was originally published in The New York Times by Lauren Hirsch and Jordyn Holman Jan. 5, 2023 | LINK Bed Bath & Beyond Warns of Potential Bankruptcy The home goods retailer said weak sales and slower foot traffic had forced it to consider options for restructuring. The retailer estimat...

01/19/2023

Last week, we asked our followers how many of their suppliers are made up of private businesses. Over 50% answered that the majority of their suppliers, over 71%, are made up of private companies.

On average, private companies have fewer sources of capital, less public information to guide due diligence, and generally funded by a bank—meaning that these businesses tend to feel the financial impacts of changing market conditions more severely.

Fortunately, RapidRatings provides insight into the financial risk of your private suppliers, so you can spot disruption in advance.

01/18/2023

RapidRatings makes it quick and easy to evaluate your suppliers' financial health.

We use financial data from both public and private suppliers to create a 0-100 rating that instantly provides insights into each supplier's viability. Learn more➡️

Interested in learning how the FHR® can help you manage risk associated with the financial health of counterparties including vendors and suppliers, trading counterparties, and investments? Complete the form below to schedule a meeting, a live demo, or to request an FHR.

01/17/2023

🚨 Fox Business sought commentary from RapidRatings following an unpredictable week for Bed Bath and Beyond 🚨

"Two factors are at play explaining the rally — a ton of attention by a segment of retail investors looking to flex muscle as they did on AMC and Gamestop and, most notably, the covering of shorts," he said. "A huge percentage of Bed Bath & Beyond is sold short, and when short sellers are squeezed and forced to buy stock, we see a rally.

"The factors at play simultaneously can drive share price in a disconnected way to the underlying financial health of a company."

Read James’ commentary on why stock prices may fluctuate, but the underlying fundamentals of a company are what tells the full story.

Shares of Bed Bath & Beyond remain elevated after the domestic merchandise retailer announced measures to avoid bankruptcy, spurring a short-selling rally.

12/09/2022

According to a HSBC poll, more than 40% of corporate decision-makers see an urgent need to overhaul their supply chains in 2023, with inflation, higher interest rates and weaker global trade acting as some of the biggest headwinds to supply chains.

With a turbulent outlook for supply chains in 2023, business leaders are taking steps to safeguard their supply chains today, so they can be ready for the economic storms of tomorrow.

More than 40% of corporate decision-makers see an urgent need to overhaul their supply chains in 2023, with inflation, higher interest rates and weaker global trade acting as some of the stiffest economic headwinds, a new survey showed.

12/08/2022

In 2022, corporate stability decreased, and commercial bankruptcies started to rise:

• January-June 2022: Of companies declaring bankruptcy, 60% were private
• January-August 2022: Tech companies lay off 32,000 employees
• February-March 2022: Chapter 11 bankruptcy filings increase 38%
• June 2022: The busiest month for large bankruptcy filings since March 2021

Now, with a looming recession in play, the risk grows even higher. The rise of bankruptcies could spell trouble for companies when their critical suppliers become at-risk for defaulting. Fortunately, we have predictive analysis that shows you when a supplier may be at-risk and the expertise to help you build a proactive supplier risk management strategy and plan.

Read our latest blog about the rise in corporate bankruptcies: https://www.rapidratings.com/uncategorized/commercial-bankruptcies-may-come-back-with-a-vengeance-in-2023/

The Financial Health Rating (FHR®) provides forward-looking & actionable insight into the financial stability of third-party vendors, suppliers & counterparties. Manage enterprise & financial risk using the most sophisticated analysis of financial health of public and private companies.

12/07/2022

When asked if the COVID supply chain hangover is truly over, our Chairman & CEO James H. Gellert had this to say:

“We are in a stop-and-wait period to determine how interest rate hikes are going to affect critical industries like manufacturing and freight before we can determine if the post-pandemic supply chain hangover is truly over and to see whether the companies that were degraded in part one of the crisis can turn themselves around before their capital runs out,” Gellert said.

Read James’ commentary what we can expect for global supply chains heading into 2023:

Sign up for Agenda to receive a three-week free trial or find out how to join your company’s existing subscription here .  

12/02/2022

We can’t provide a blueprint for your next project, but we can provide one for understanding your supply chain risk.

The last two years have highlighted how critical supply chain resiliency is. Our predictive analytics tell you who the weak suppliers are and where the next disruption is coming from, so you can avoid risk.

Learn more about building supply chain resiliency:

Interested in learning how the FHR® can help you manage risk associated with the financial health of counterparties including vendors and suppliers, trading counterparties, and investments? Complete the form below to schedule a meeting, a live demo, or to request an FHR.

11/30/2022

Suppliers sometimes tell you want you want to hear, instead of what you need to hear. Our unbiased financial health insights tell you the real story of your suppliers' ability to deliver, on time and at cost, so you can avoid risk.

Get visibility into your supply chain:

Gain visibility into the financial viability of suppliers and vendors, both public and private companies. Leverage financial health analytics to identify supplier risks, mitigate disruptions, and maintain resilient operations for global supply chains.

11/25/2022

Today is , and following last year’s , many retailers switched from Just-In-Time inventory to Just-In-Case to ensure shelves were stocked and plentiful this holiday season—but how does this impact the freight industry?

Amid a trucker shortage, Just-In-Case inventory management brings more pressure to an industry that is already feeling the heat. Read our blog for more about the trucker shortage 👉

With the summer winding down, one thing is certain the holiday season is just around the corner. See how the trucker shortage can affect you.

11/24/2022

Happy from our RapidRatings’ family to yours! Thanksgiving is a time to reflect on what you are for this holiday season, and last week, we had the opportunity to gather in our NYC office over good food and do just that! Tell us what you’re for in the comments below 👇

11/23/2022

Although October saw a dip in , is projected to be over 20% more expensive this year from last year 🤯

Higher costs of goods and materials can have a ripple effect across multiple industries. Although you make think your business is safe from the impacts of inflation, are your critical suppliers protected? One supplier failure can wipe out your entire supply chain. Our predictive analytics allow you to see when is coming, so you can better prepare.

Thanksgiving dinner will cost a whopping 20% more than it did last year, according to a new survey released Wednesday by the American Farm Bureau Federation.