Newsroom | RapidRatings

News

September 25, 2023

Rite Aid could close hundreds of stores in possible bankruptcy: WSJ

The drugstore retailer is in negotiations with creditors over a plan that could see nearly a quarter of its stores shutter, The Wall Street Journal reported.

News

September 22, 2023

UAW strike set to hit deep into the industry's supply base

Jeffrey Aznavorian has already cut output about 6% at his small auto parts factory outside Detroit due to the United Auto Workers strike. But he is bracing for it to get worse. Much worse.

News

September 18, 2023

Private auto suppliers see secondary consequences of UAW strike, says RapidRatings CEO Gellert

RapidRatings CEO James Gellert joins ‘The Exchange’ to discuss risks the UAW strike poses to the auto supply chain, the shift in auto production spawned by EV, and the impact the rising cost of cars.

News

September 17, 2023

Bankruptcy watch: Another beloved retailer may disappear

People build an emotional connection to stores when a retailer's offerings intersect with their hobbies.

News

August 18, 2023

Retail roundup: Inflation, AI, bankruptcies, crime, and more

It’s been a wild year in the retail space. Inflation is forcing shoppers to spend more cautiously. Organized crime and bankruptcies are casting a shadow over the entire sector.

News

August 16, 2023

These two big-name retailers face a huge bankruptcy risk

It has been an awful year for a number of retailers, and more of your favorite brands might be in their final days.

News

August 14, 2023

Consumer worries: Why the second half of the year could be rough for retailers

Between inflation, supply chain issues, and concerns about consumer spending, there has been a lot for retailers to contend with.

News

August 12, 2023

Consumer Spending Slows, Putting The Rest Of Year At Risk For Retailers

When the National Retail Federation (NRF) puts out a release with the headline “Consumer Spending Is Slowing,” retailers better take notice.

News

August 7, 2023

Bankrupt AeroCision looks to pay suppliers $5M

The aerospace parts maker filed for Chapter 11 last week after it buckled under revenue shortfalls, rising costs and supply chain disruptions.

Press Release

July 19, 2023

RapidRatings Appoints John D’Aleo as Chief Executive Officer and James Gellert as Executive Chair

RapidRatings, the leading provider of financial health data and analytics, announced the appointment of John D’Aleo as its new Chief Executive Officer (CEO) effective immediately.