Supplier Risk Seen Improving in Retail Industry

Chicago — September 21, 2009 — Supplier risk in the retail industry is easing after steady worsening over the last two years, although specific supplier subsectors still are experiencing financial difficulties that may present risk for their retail customers, according to a new analysis from enterprise supplier management solutions provider CVM Solutions.

"While retail supplier health has not returned to pre-recession levels, the upswing in financial stability of key suppliers during the first two quarters of 2009 is a positive sign for the retail community," said Jon Bovit, vice president of marketing and strategy for CVM Solutions.