SpartanNash

Retail / Retail

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Risks

1. Credit Card Fraud: Since SpartanNash accepts credit cards as a payment, it is exposed to risk of fraudulent activities involving credit cards. Fraudulent activities can be costly and expose company data and customer information to the risk of theft.

2. Increased Costs: Accepting credit cards as a form of payment requires businesses to pay fees to the credit card company for every transaction. These fees can be costly and can cut into a company's profits.

3. Data Security: As SpartanNash processes credit cards data, it must make sure that all data is securely stored and all transactions are encrypted to avoid any data breaches that might put customer data at risk.

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