Black Friday Brings Brick-and-Mortar Retail Optimism

Black Friday Brings Brick-and-Mortar Retail Optimism

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

Created by

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The video discusses the upcoming Black Friday shopping trends, highlighting store openings like JCPenney and the optimism among analysts due to positive economic factors. It explores the strategies retailers are using, such as early promotions and better online integration, to compete with e-commerce giants like Amazon. The video also compares in-store and online shopping preferences, noting a significant growth in e-commerce. Challenges for retailers in a highly promotional environment are addressed, with insights into consumer behavior and sales pressure.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What time will JCPenney open for Black Friday shopping?

10:00 AM

12:00 PM

2:00 PM

4:00 PM

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which economic factor is NOT mentioned as contributing to Black Friday optimism?

Economic growth

High inflation

Low unemployment

Consumer confidence

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one strategy retailers are using to improve sales this year?

Raising prices

Promoting earlier

Increasing inventory

Reducing store hours

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of e-commerce sales growth is expected this year?

40%

30%

20%

10%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to a survey, where are more Americans planning to shop on Black Friday?

At pop-up shops

Through catalogs

In-store

Online