A sustainable business minimises its adverse effect upon the environment and, although retailers are certainly keen to be seen to have that on the agenda, maximising sales is their primary focus.
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Better systems are needed to help shopping mall executives discharge risk management responsibilities: historically there has been a lack of effective communication systems between retail centre management and tenants.
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There was a time when damage to the bank balance was the greatest risk faced by shoppers; and self-control was the state-of-the-art in risk management. Not any more. The echoes of the explosion in Exeter'€™s Princesshay shopping centre in May continue to reverberate around the industry, as managers in retail parks and malls all over the world look anew at their security provisions.
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