Asset-Based Lenders Give Fashion Companies New Options By: Bradley W. Snyder Many industries in North America—including apparel—continue to face financing challenges due in no small measure to the pullback from today’s more risk-averse national banks. This post-Covid-era trend is part of the reason for an increase in distress and bankruptcy filings among retailers and wholesale ...

ABL Sector Must Stay Vigilant Amid ‘Growth of Shrink’ By: Bill Mayer In what might be thought of as “the growth of shrink,” American retailers are pointing to shoplifting, organized retail crime and employee theft as significant drags on their profitability. The big-box discounter Target, for one, said its profits could take a $500 million ...