How Retailers Contend with Today’s Prominent Challenges: BDO’s 2017 Retail RiskFactor Report
Alarmist headlines suggest the death of retail, but do retailers themselves share this perception? We analyzed the 10-K filings of the 100 largest U.S. retailers for our 2017 Retail RiskFactor Report, which found that retailers recognize both narrow and broad obstacles ahead.
Among the industry’s growing list of concerns is relentless competition, evolving consumer behavior, cyber security threats and global regulatory shifts. In addition, increasing store closures have retailers managing excess retail space while e-commerce dominates sales.
Check the chart below for the top 20 risks cited by retailers this year, as compared to the previous two years. An in-depth look at the retail industry’s top risks can be found online