Expectations for Black Friday

Expectations for Black Friday

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

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The video discusses the impact of a shorter holiday season on shopping trends, highlighting the early start of retail sales due to Thanksgiving's timing. It explores the rise of omnichannel shopping, with consumers favoring both online and in-store experiences. The video also examines consumer confidence and spending behavior, noting a trend in self-gifting. Finally, it addresses the evolution of retail real estate, with traditional malls adapting to include multifamily and coworking spaces.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one reason for the shorter holiday shopping season mentioned in the video?

Thanksgiving is later this year.

Christmas is earlier this year.

Thanksgiving is earlier this year.

Christmas is later this year.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of sales are still conducted in brick-and-mortar locations?

3.9%

31%

50%

94%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key factor driving consumer spending despite stagnant wages?

Decreased consumer confidence

Increased savings rate

High consumer confidence

Lower credit availability

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What trend in consumer behavior is highlighted as a sign of a strong economy?

Self-gifting

Higher debt levels

Reduced spending

Increased savings

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What new trend is emerging in retail real estate?

Expansion of traditional malls

Focus on single-use retail spaces

Development of mixed-use properties

Reduction in residential areas