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The 7 Top Retail Risk Factors Your Small Business Faces

If you believe the headlines, retail is on its way to extinction. While this may be an overstatement, what are the actual risks facing retailers today? The 2017 BDO Retail RiskFactor Report ranked the biggest risks threatening retailers. Here are seven of the top items on the list and what you can do to defend against them.

Grocery shoppers have more home delivery options

There's a grocery store arms race going on nationwide when it comes to home delivery.

Attention retailers: New research sheds light on how to help consumers make healthier choices

A new comprehensive review by food researcher Brian Wansink underscores how low-cost changes in stores—like signage, placement and displays—can boost sales of healthy foods.

NRF: Inventory shrink cost the industry $48.9B in 2016

Dive Brief: • Retail inventory “shrink” increased to $48.9 billion in 2016 from $45.2 billion in 2015, as cost-cutting measures have left retail security budgets flat or declining, according to the annual National Retail Security Survey released Thursday by the National Retail Federation and the University of Florida.

Food Delivery Mobile Application Industry: Businesses Prepare to Jump Ship

The rise in standards of living in the developing countries, increase in expenditure on luxury smartphones, and technological advancements in the design and features of iOS. Android deployment platform contributed the largest share of revenue in the global food delivery mobile application market and is expected to witness second highest growth rate during the 2017 to 2023 owing to its easy accessibility, open-source platform, and deployment in large portion of smartphone brands.
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"In a multi-store operation it is important to have control from a central point. STCR provides the systems and technical expertise to do just that."