As the amount of consumer data retailers collect increases to improve the customer experience, deploy personalization and super charge their marketing, so too does the responsibility to protect this personal data. What are the biggest privacy and security challenges? How does a retailer solve for privacy and security concerns? Tune in to part 2 of our 3-part mini-series dedicated to AI assurance as Karen Schuler, Global Leader of BDO’s Privacy & Data Protection team, unveils key considerations and steps to take when it comes to privacy and security, to ensure your business dodges the digit ..read more

When it comes to AI, ethics play an important role in deploying the technology responsibly. So, what are some of the ethical concerns retailers need to be aware of? What steps should be taken to make sure ethical practices are built into your AI strategy? How do you ensure that you are using AI responsibly? Tune in to part 1 of our 3-part mini-series dedicated to AI assurance to hear Karen Schuler, Global Leader of BDO’s Privacy & Data Protection team, layout some key steps to take to ensure your business dodges the digital dangers that come along with AI ..read more

Retail occupancy has been on the decline for a while now, yet many retailers continue to open stores. What’s driving this seemingly contradictory trend? And what does your health and wellness, and pet have to do with it? Listen in to this episode of our 60-second Retail podcast, as Ross Forman, Managing Director of Strategy & Innovation in the Management Consulting practice at BDO USA, unpacks this curious case of occupancy in the retail investments market ..read more

What’s fueling the trend of big box retailers easing up demands on their supply chain vendors? What benefits are there to be had in restructuring supplier contracts? Is this a move retailers of all sizes can make? Tune in to this episode of our 60-second Retail podcast, where R.J. Romano, Managing Director, Management Consulting & Supply Chain Advisory Practice Leader at BDO USA, answers these important questions and lays out who’s really wielding the power in these relationships when the pressure is on ..read more

There has been a flurry of Union activity making headlines and front-page stories over the last few months. What’s driving the uptick in Union mobilizations? Will it continue? Should retailers be preparing for the potential ramifications? Tune in to this episode of our 60-second Retail podcast, where Ross Forman, Managing Director of Strategy & Innovation in the Management Consulting practice at BDO USA, breaks down what is fueling the Union strikes we’ve seen so far, and what the long-term implications might be for the retail industry ..read more

As AI takes off in the business world, so too are the rules and regulations rolling out that are meant to address consumer privacy and security concerns. Two such acts that recently hit the EU are the Digital Services Act and the Digital Markets Act. What exactly are these regulations meant to achieve? More importantly, how will they impact the retail industry? Join us for the 2nd episode in our 2-part mini-series dedicated to new rules and regulations in the age of AI, where Karen Schuler, Global Leader of BDO’s Privacy & Data Protection team, lays out what you need to know about the new ..read more

There are several new rules and regulations rolling out now that AI has permeated nearly every facet of business. The most comprehensive of which is the EU AI Act. What do retailers need to know about this new regulation? What exactly is the “risk-based approach” that lies at the heart of the act? Are there any benefits for retailers? What challenges does the act present to the industry? Join us for this episode of our 60-second Retail podcast, the first in a 2-part mini-series dedicated to new rules and regulations in the age of AI, where Karen Schuler, Global Leader of BDO’s Privacy & Da ..read more

Once again prevailing macro-economic conditions have caused consumer’s discretionary spending to nosedive. What can retailers do to ensure their pricing strategies keep products moving without having to offer big discounts? What tactics can help retailers buffer their bottom lines in the face of the fixed consumer budget? Tune into this episode of 60-second Retail podcast where David Berliner, Partner & National Leader of Business Restructuring at BDO USA lays out the moves retailers should be making when it comes to pricing with consumers wallets stretched so thin ..read more

With the roll out of stricter return policies to grapple with the costs of rising returns, are retailers gambling with their share of the already tight consumer wallet? Will consumers adapt to these new policies, or will they find alternatives to get the products they need, when they need them? Tune into this episode of our 60-second Retail podcast where Jennifer Valdivia, Audit Partner and West Regional Leader for the Retail and Consumer Products Industry group at BDO USA, lays bare the potential fallout retailers may be facing as a result of their new return policy ..read more

A lot of retailers have announced or already implemented new, stricter return policies in an attempt to control the costs associated with rising returns. Is this a temporary policy shift or something that’s here to stay? What potential implications come with limiting a consumer’s ability to return? How can retailers find the right balance between addressing the need to reduce return costs without eroding their customer base? Tune into this episode of our 60-second Retail podcast where R.J. Romano, Managing Director, Management Consulting & Supply Chain Advisory Practice Leader at BDO USA ..read more