Has Amazon Decimated Brick-and-Mortar Retail?

The video discusses the challenges and strategies of department stores globally, highlighting the struggles of European stores like Galerie Lafayette and the success of Asian stores like Takashimaya. It examines the impact of leadership and economic factors on retail, with a focus on the competition between traditional stores and online giants like Amazon. The video also explores how stores like Macy's and JCPenney are adapting to new retail trends and consumer demands.

Which department store is mentioned as performing well in Japan and Asia?

• Galerie Lafayette

• Takashimaya

• JCPenney

• Karstadt

What is a key factor in the success of department stores according to the transcript?

• Location in rural areas

• Low pricing strategies

• Exclusive online presence

• Great leadership and merchants

Which retailer is expanding globally and challenging Walmart in Europe?

• Galerie Lafayette

• Saturn

• ALDI

• Takashimaya

How is Macy's responding to Amazon's one-hour delivery service?

• By reducing store sizes

• By offering click and collect services

• By closing physical stores

• By increasing discount offers

What distinguishes Macy's from JCPenney according to the transcript?

• JCPenney is known for luxury goods

• Macy's focuses on discount retailing

• JCPenney offers a wider range of services

• Macy's has a strong development program for talent