From CNBC: 2024-04-04 09:25:51

Bed Bath & Beyond declared bankruptcy after facing challenges in paying vendors, leading to stock shortages. Similar dynamics led to the downfall of other retailers like RadioShack. Late payments can signal financial distress, with Peloton, Saks, and Express among those falling behind on bills. 
Peloton’s struggle with cash flow is due to falling equipment demand. The company aims for positive free cash flow by fiscal Q4. With declining sales and rising costs, Peloton needs sustainable growth to improve its financial position and avoid early maturity of loans.
Saks faced scrutiny after vendors claimed they were not paid, impacting orders. The department store secured $200 million in capital to maintain operations. The retailer’s late payment rates have increased, signaling potential financial distress, according to Creditsafe.
Express is facing financial pressure as debt grows and discretionary spending declines. Operational spending rose in recent quarters, indicating ongoing challenges for the apparel retailer to navigate the changing market conditions. Late payments have the potential to further impact Express’s financial health.



Read more at CNBC: Retailers like Peloton, Saks, Express are late on vendor bills