Sainsbury to Take Bold Steps Post Earnings: Roberts

Sainsbury to Take Bold Steps Post Earnings: Roberts

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the challenges faced by major retailers like Tesco and Sainsbury's due to structural changes in the market, such as the shift to online shopping and convenience stores. It highlights the impact of discount retailers like Aldi and Lidl, which offer simplicity and trust. The discussion emphasizes the need for big retailers to focus on narrower product ranges, simpler pricing, and shopper-centric strategies to adapt to changing consumer behaviors.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What major challenge is highlighted for retailers like Tesco and Sainsbury's in the first section?

Increasing product range

Structural changes in the market

Rising food inflation

Lack of online presence

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What strategy are retailers adopting to address changing shopper behaviors?

Focusing on luxury products

Introducing delivery passes

Increasing store sizes

Reducing online presence

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key feature of the shopping experience offered by discounters like Aldi?

Loyalty cards

Complex promotions

Wide product range

Simple and transparent pricing

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How are major retailers like Tesco and Sainsbury's planning to improve their market position?

By increasing product offerings

By focusing on shopper-centric strategies

By reducing store numbers

By increasing prices

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the impact of relying on supplier money for new products?

Increases store profitability

Reduces product variety

Improves shopper experience

Drives behavior not focused on shopper needs