Connect with us

Headlines

Survey of 100 Retail CFOs Reveals the 6 Risks They Worry About Most in 2016

mm

Published

on

 

They also tell which promotional strategies are working, and which aren’t.

A recent BDO survey of 100 retail finance chiefs gauged their sentiment on the current retail climate and also asked what risks concern them most for 2016, CFO magazine writes. The article lists the top six risks cited by the survey respondents, including:

  • Competition and consolidation in the retail sector (29%)
  • Federal, state and/or local regulations (21%)
  • Geopolitical events/natural disasters (20%)
  • Protection of customer data from potential breach (15%)
  • U.S. and foreign supplier concerns (8%)
  • Excess inventory (8%)

The survey, according to the article, also revealed that 22 percent of the CFOs believed that in-store promotions were less successful than any other promotional strategy in 2015, while 31 percent of them said social media and email promotions were the most successful.

Read more at CFO

Advertisement

SPONSORED VIDEO

SPONSORED BY WEAVE

Transform Your Multi-office Phone System Into a Revenue-generation Tool

Weave’s multi-office, multi-department, and multi-provider phone system is built to flexibly accommodate and augment your practices’ most powerful revenue-generation tool: ring phones across multiple locations, set up inter-office call overflow, support external call centers, and more. And by connecting to your patient data, call handlers see a patient’s upcoming appointments, overdue balances, overdue family members, and preferred location – all when they pick up the phone." Learn more at getweave.com/weave-unify

Promoted Headlines

Most Popular