Post by Pulse Ratings Inc.

💠 While consumer spending remains pressured by inflation and ongoing economic uncertainty, several retailers on our watch list have recently received new financing or additional sponsor support to bolster liquidity and fund near term liquidity needs. These capital injections have generally resulted in improved supplier payment performance and provided additional time for management teams to execute turnaround plans. However, access to capital alone does not resolve underlying business challenges, and many of these retailers must still demonstrate sustained improvement in sales, profitability, and cash flow. At the same time, West Marine's recent bankruptcy filing serves as a reminder that retailers unable to stabilize operations and secure sufficient liquidity remain vulnerable in the current environment. Below are several situations we continue to monitor closely. ❗ Recent Updates on: Saks Global, West Marine, QVC, Children's Place Inc, Leslie's Inc, AMC Entertainment Holdings Inc, Yum! Brands Inc, Petco Health and Wellness Company Inc, Designer Brands Inc, Bed Bath & Beyond Inc, Sleep Number Corp, Red Robin Gourmet Burgers Inc, Destination XL Group Inc, Dave and Buster's Entertainment, Inc, Cato Corp, Tillys Inc, Torrid Holdings Inc, Advance Auto Parts Inc & more. 🌐 FULL REPORT: https://lnkd.in/eCYzzEsb ✉️ Reach out to Dennis Cantalupo, CCCRP and Scott Friedman, CCCRP with any questions you may have.