REPORT / INTERNATIONAL NEWS

Today, hazardous waste compliance is no longer just an issue for the industrial or manufacturing industries. It’s become an area of significant concern for retailers as well. When it comes to managing hazardous waste, retailers are in a precarious balance of complexity and control due to a number of factors. As many high profile fines against retailers underscore, the financial repercussions of failing to strike the right balance can be significant. Not only do such infractions place a monetary burden on retailers, public fines can also negatively impact a brand’s reputation. With consumer loyalty at stake, it’s safe to estimate that negative news and the reputation damage to a brand could cost a company millions in lost sales in addition to these fines. In light of these variables, it’s critical that retailers strike the right balance to comply with today’s hazardous waste regulations.

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http://www.environmentalleader.com/2014/07/01/hazardous-waste-compliance-a-balancing-act-at-the-retail-level/