ABL Sector Must Stay Vigilant Amid ‘Growth of Shrink’

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 hit from shrink this year alone. Notably, in a recent CNBC appearance, […]

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What Asset-Based Lending Can Learn from AI in the Grocery Sector

What Asset-Based Lending Can Learn from AI in the Grocery Sector
By: Bradley W. Snyder

OpenAI’s bombshell release of ChatGPT underscores two realities that ought to be top-of-mind for asset-based lenders everywhere.

The first is that artificial intelligence—essentially, machines that sift through vast quantities of data to identify patterns and tell themselves what to do—will play a bigger role in borrower health. The second is that ABLs need […]

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Taking Stock of Retail’s Reversal of Fortune

Taking Stock of Retail’s Reversal of Fortune
By: Michael McGrail

Those who run retail liquidations have had to continually shoot down a popular misconception over the past couple of years that “you must be incredibly busy right now.”

The mistaken assumption is based on the thinking that retail bankruptcies have exploded since COVID-19 as things were terrible during the lockdowns and now everyone shops online. However, the true […]

Continue Reading >Taking Stock of Retail’s Reversal of Fortune