May 3, 2018
Gibson owes suppliers, other creditors more than $11M
May 3, 2018
"Gibson’s bankruptcy is reflective of many of the same challenges other legacy brands face in today’s marketplace," Libby Thomas, Senior Associate for RapidRatings, said. "With e-commerce driving prices down, consumer habits constantly evolving, and technology changing the way people engage with MORE
May 2, 2018
Survey Roundup: Lack of Investment Exposes Critical Infrastructure
May 2, 2018
A survey of around 2,000 chief procurement officers at more than 300 organizations globally by consulting firm AT Kearney and financial analysis company RapidRatings found 78% said they expect their procurement teams to take a larger role in managing risk in the next two years. MORE
May 1, 2018
On Supplier Risk Management, Financial Health Scores and Bad Lettuce
May 1, 2018
While the scramble to identify the Yuma, Arizona-based romaine lettuce supplier(s) that is the source of the ongoing E. coli outbreak continues, a new and rather apropos report from A.T. Kearney and RapidRatings shows that companies are taking supply chain risk management more seriously. MORE
April 13, 2018
Mattel closes New York office after Toys R Us liquidation
April 13, 2018
Mattel's financial health rating (FHR) tanked in 2017, dropping from 65 to 27 YoY, suggesting an over-reliance on Toys R Us (whose woes came to a head in 2017). Regardless, the toy maker's struggle warns other companies against single sourcing or become too codependent on certain links in the supply MORE
April 6, 2018
Spotify goes public in an unconventional IPO
April 6, 2018
Spotify's public offering could be music to investors ears. "It's significantly stronger than Snap (SNAP) and significantly stronger than Blue Apron (APRN)," says James Gellert, CEO of RapidRatings, which rates the financial health of public and private companies. Snap and Blue Apron had strong IPOs MORE