Posts Tagged ‘retail risk management’
Risky Business for Retailers
Risk assessments can help prevent accidents, improve overall safety performance and, ultimately, save money. As an employer, it is important to carry out risk assessments for all work-related tasks your employees complete. Risk assessments are simple—just walk around all areas of your store, noting what might cause harm. Talk to your employees about their health and…
Read MoreRetail Store Risk Assessment
Risk assessments can help you prevent accidents, improve overall safety performance and, ultimately, save money. As an employer, it is important to carry out risk assessments for all work-related tasks your employees complete. Risk assessments are simple—just walk around all areas of your store, noting what might cause harm. Talk to your employees about their…
Read MoreReducing the Risk in Retail Cash Transactions
In the age of Venmo, Zelle, cryptocurrency and just plain old credit and debit cards, the topic of cash transactions might seem sort of 20th-century. But some businesses do still rely on cash for at least a portion of their transactions, and younger employees especially might not have much experience in handling cash. Let’s take…
Read MoreRisk Management – Retail Operations
Owning and operating a retail store can be a fulfilling experience. Years of hard work, risk-taking and financial investments have allowed you to turn your dreams of opening a store of your own into a reality. Depending on the specific type of store you manage, there are a number of exposures to consider, including risks…
Read MoreFlash-Robbed: The Growing Menace of Flash Mob Robberies
When you hear the term “flash mob,” you probably think of a bunch of people breaking into a song-and-dance number at, say, a train station or shopping mall. But the flash mob has a darker side in the form of flash mob robberies, and unfortunately it’s a growing trend. The concept is the same: A…
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