In early 2020, Retail Dive launched what was supposed to be an extended series of stories that looked at how financial interests and players had shaped the industry as well as the fates of individual companies.
We published the first in the series last January, a story about asset-based loans. ABL lenders have long supported day-to-day operations in retail and determined the ultimate fates of those companies in distress and bankruptcy. As the story was published, money was pouring into asset-based loans, long a safe investment for lenders.
