Target Slashes Fourth-Quarter Sales Outlook on Holiday Slump

Target Slashes Fourth-Quarter Sales Outlook on Holiday Slump

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

Created by

Quizizz Content

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The video discusses the unexpected weakness in the retail sector, focusing on Target's shift from a successful to a struggling retailer during the holiday season. It examines issues in product categories like toys and electronics, despite Target's investments in stores, digital platforms, and products. The video also highlights the decline in web sales growth and the success of the click-and-collect model, drawing parallels with trends observed in Europe.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the unexpected shift in Target's performance during the holiday season?

Target shifted from being a winner to a loser.

Target remained a winner as expected.

Target became a winner after being a consistent loser.

Target's performance was unaffected.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which product categories were identified as problematic for Target?

Groceries and home goods

Toys and electronics

Furniture and appliances

Clothing and accessories

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What strategy has Target been investing in to attract customers?

Discontinuing online sales

Reducing store investments

Enhancing digital platforms and product offerings

Focusing solely on physical stores

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What trend was observed in Target's web sales performance?

Web sales increased by 50%

Web sales remained constant

Web sales growth slowed down

Web sales decreased by 10%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What online shopping method is still performing well for Target?

Home delivery

Subscription services

Click and collect

In-store browsing