Successful retailers interact with their customers in countless
ways. When customers come through their doors, they interact with
employees, products, and the retail space itself. Retailers also
increasingly interact with their customers online, where they
collect and analyze information about their customers, and
communicate with them both about ongoing transactions and the
possibility of future sales. The resulting complexity makes the
retail sector an exciting and challenging place to do business, but
it also means the legal risks facing retailers are equally complex
and require proactive and sophisticated risk management strategies.
Below, we discuss the kinds of events that can give rise to risk
for retailers and some strategies for effectively and proactively
managing those risks.
View more
To view original article, please click here.
This article was reproduced with permission of the publisher from Financier Worldwide, April 2014.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.