Reaction as Debenhams set to close all stores for good

The video discusses the financial decline of Debenhams and Arcadia, highlighting how both have been affected by administration. It explores the shift in shopping preferences among young people towards trendy online purchases. The impact of big retail names going into administration is considered a surprise, prompting a reflection on shopping habits. The video encourages viewers to consider shopping at smaller stores and the High Street as part of the new normal.

What was the primary reason for the decline in Debenhams' revenue?

• Increased competition from local stores

• The administration of Arcadia

• A shift in consumer preferences

• Poor marketing strategies

How did the administration of Arcadia affect Debenhams?

• It had no significant impact

• It led to an increase in their market share

• It caused a decline in their revenue

• It improved their brand image

What do younger consumers prefer when it comes to shopping?

• Trendy items available online

• Traditional retail stores

• Second-hand markets

• Luxury brands

What is suggested as a new shopping trend in the final section?

• Shopping exclusively online

• Buying from international markets

• Focusing on luxury brands

• Returning to high street shopping

What might consumers consider due to the changes in the retail landscape?

• Shopping more from local high streets

• Focusing on international brands

• Investing in online-only brands

• Avoiding high street shopping