When is Risk Transferred During Shipping?

In a business climate driven by results, shipping terms are often treated as little more than an afterthought of a sale. However, the shipping terms you agree to directly influence the amount of risk you’re exposed to and the amount of insurance you’ll need to mitigate it. This can affect your bottom line, as assuming…

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How Secure Is Your Online Retail Network?

With the increasing popularity of smartphones and tablets, access to online shopping websites is only a fingertip away for most consumers. As a result, the online retail industry is an increasingly attractive target for major cyber attacks. The results—including tarnished reputations, lost sales and costly lawsuits—can be devastating. This happened to Zappos, a large online…

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Keep Your Retail Customers Safe!

Customer personal injury claims can be costly and very damaging to a retail establishment’s reputation. They can be much more frequent than employee claims in some types of stores, especially warehouses that allow customer access. Employee safety programs are not sufficient to protect customers, who are at risk for many more accidents than employees for…

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Risky Business for Retailers

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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…

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Retail 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…

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Reducing 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…

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Risk 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…

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Flash-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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