2018 Challenges for Small Retail Businesses
As department and big box stores struggle to reinvent themselves in the shadow of online goliaths, small retail businesses seek their place in a shifting landscape being redefined by consumers’ ever-expanding digital appetite.
This report reviews the many challenges small retail businesses face — and how being proactive now can help protect you from tangible and intangible losses.
These losses can add up. Each section of the report includes information on how much is potentially on the line from:
- Cyberattacks and customer data breaches
- Observable threats such as slips and falls
- Break-ins and flooding
All of these risks can affect a business’s bottom line. With proactive planning, you can feel more secure that your customer data, your store, your employees and your assets are in the best possible position to weather the future so you can concentrate on strengthening your retail business for an evolving retail environment.