Retailers on the Brink: Which Will Be Gone in 2015?

Retailers on the Brink: Which Will Be Gone in 2015?

Assessment

Interactive Video

Business, Architecture, Social Studies

University

Hard

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The transcript discusses RadioShack's financial struggles, potential bankruptcy, and legal issues with its 401K practices. It compares RadioShack's situation to other retailers like Sears and JCPenney, highlighting the challenges of market saturation and changing consumer habits. The discussion also touches on the relevance of traditional retail stores in a modern context.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What recent issue has added to RadioShack's financial troubles?

A major data breach

A failed merger with another company

An investigation by the Labor Department

A decline in online sales

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What marketing strategy did RadioShack use despite its financial difficulties?

Launching a new product line

Opening new stores

Airing a Super Bowl commercial

Offering massive discounts

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a significant challenge for RadioShack during the holiday season?

Lack of advertising

Decline in mobile phone sales

Poor customer service

Increased competition from online retailers

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What term is used to describe the current state of having too many retail stores?

Overstored

Overstocked

Overpriced

Overstaffed

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential strategy mentioned for Sears to manage its stores?

Focusing solely on online sales

Creating a separate REIT

Merging with another retailer

Closing all stores