What is one of the main challenges faced by retail companies according to the first section?
U.S. Retail Sales Stall, Can They Be Jump Started?

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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
High employee turnover
Excessive store expansions
Declining sales and internet impact
Lack of product variety
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a common misconception about the challenges faced by retail companies?
They are caused by high employee turnover
They are due to excessive store expansions
They are solely due to the internet
They are because of poor product quality
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How are millennials affecting the retail industry?
They prefer shopping in physical stores
They mature and marry later, changing their needs
They are more loyal to brands
They are less price-sensitive
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is crucial for a store to attract customers, as mentioned in the third section?
Offering the lowest prices
Having a large number of stores
Creating an inspiring and exciting experience
Providing free Wi-Fi
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What strategic move did Macy's make to adapt to the retail changes?
Opening more stores
Closing 100 stores
Increasing product prices
Hiring more staff
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is leadership important in the strategic decisions of retail companies?
To drive innovation and adapt to changes
To increase employee salaries
To ensure consistent product pricing
To maintain traditional business models
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was Walmart's strategic acquisition to enhance its online presence?
eBay
Alibaba
Amazon
Jet.com
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