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ARTICLE · 13 MAY 2015

Spotlight On 2015: Trends And Issues In Retail

McCarthy Tétrault
McCarthy Tétrault
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As we are now in the second quarter of 2015, retailers are anticipating how changes over the remainder of the year could affect them.

CanadaCorporate/Commercial Law

As we are now in the second quarter of 2015, retailers are anticipating how changes over the remainder of the year could affect them. We anticipate that developments on the horizon will have a significant impact upon retailers in Canada over the remainder of 2015 (and beyond). Top trends and issues of which retailers should be aware include the following:

1. Cybersecurity: Growing Threats to Retailers of Data Breaches

The consequences and the prevalence of data breaches have been growing, and there is no reason to suspect this trend will slow down. Cybersecurity firm Risk Based Security claims 2014 was the worst year on record, climbing above the previous year's tally of 822 million exposed records worldwide.

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