While professionals are addressing the health concerns, our team is focused on the future business climate, so that our clients can be well positioned when the country finally begins its recovery.
GREAT NECK, N.Y. (PRWEB) March 31, 2020
Industry-leading retail consulting firm Information Clearinghouse, Inc. (ICI), through its Creditntell and F&D Reports divisions, has announced the release of two additional comprehensive reports related to the coronavirus pandemic -- COVID-19: Retailers Most at Risk, and The Credit Facility Focus Report. The reports complement ICI’s recent slate of coverage of the COVID-19 fallout, highlighting the ensuing effects of the virus on U.S. retailers, wholesalers and consumers.
The ‘Retailers Most at Risk’ analysis dives deeper in examining specific retail sector companies impacted by COVID-19, detailing the direct, indirect, short-term and long-term issues resulting from the pandemic. The report documents the responsive actions and recent performance of retailers in the department store, sporting goods, apparel, off-price, health & beauty, movie theater, casual dining, home furnishings, building materials, pet, fitness, arts & crafts, and cruise line sectors.
Amid the pandemic, retail and wholesale companies across numerous segments have drawn down substantial amounts on their revolving lines of credit to supplement their cash position. The Credit Facility Focus report recaps recent drawdowns along with other key credit facility / liquidity information across all of ICI’s monitored industries.
ICI’s full coverage of the coronavirus outbreak assesses the effects on the nation’s economy as a whole, including modifications to consumer behavior (COVID-19 Impact on U.S. Economy); the impact on and reaction by the foodservice distribution industry and its individual companies; the consumer response to rampant store closings, reduced store hours at essential retailers, and social distancing and quarantine measures (COVID-19 Consumer Impact); and the consequences for Amazon, its sellers, and the U.S. consumer (Amazon Delivers on COVID Demand, but Issues Linger). ICI also offers a continuously updated compendium of retail store closings, with state-by-state stay-at-home mandates (Retail Store Closings Related to COVID-19).
Commenting on the new reports and on-demand coronavirus coverage, ICI CEO Lawrence Sarf stated, “Federal, state and local containment measures for COVID-19 have a multitude of current and downstream risks for retail, wholesale and consumer spending, and our analyst team is working around the clock to keep our clients informed. While certain categories and sectors are likely more resilient than others, it is now more crucial than ever to stay informed. We are in the midst of a medical and economic crisis that is without precedent. While professionals are addressing the health concerns, our team is focused on the future business climate, so that our clients can be well positioned when the country finally begins its recovery. ICI’s tireless coverage serves as a guide to which businesses and industries have the most at stake in these uncertain times.”
These reports have been made available to ICI’s Private Client Group of more than 1,000 companies. Please click here to request a sample of any of the above reports.
Information Clearinghouse, Inc. (publisher of F&D Reports & Creditntell) is a leading credit consulting firm specializing in the analysis of public and private companies in numerous retail segments. The focus of its analysis is to deliver the key intelligence today’s busy credit executive needs to make a highly informed decision without sifting through pages of non-essential data. To learn more, visit our websites at http://www.fdreports.com and http://www.creditntell.com.