Macy's CEO Terry Lundgren warned earlier this month that deep inventories will inevitably lead to discounts in the fourth quarter. Retailers should keep a close eye on the six major risks detailed below. Making things even more challenging for retailers this holiday season is an abundance of inventory, brought on by above-average fall temperatures across much of the U.S. Fortunately, with a retail risk management strategy in place, you can avoid the risk of many threats before they happen.
Its rock-bottom prices, which make a pair of jeans from H&M look like a splurge, have the potential to once again lower consumers' expectations of how much a piece of clothing should cost. We're changing the landscape again."Īnalysts have also pointed to Irish fast-fashion retailer Primark as a red flag for the U.S. To get a sense of the scale of the threat, imagine all the stores and distribution facilities in a particular retail company, then imagine all the. Insider threats, as always, are a common threat to retail companies especially considering high employee turnover and multiple points of vulnerability. Below, we look at some of the challenges facing the retail industry.
"Are we now pushing again toward lower-priced items?. Insider Threats Against Retail Companies. "All these off-pricers are growing, but at the expense of what?" said Farla Efros, president of HRC Advisory. This shift has also led to a flood of outlet stores and low-price spinoff concepts, as traditional players fight to remain relevant with this new breed of shoppers. Maxx and H&M, while department stores and specialty shops that cater to the middle class have been squeezed.
As a result, consumers have flocked to value retailers like T.J.
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