Sears Holdings to Close 150 Additional Stores

Sears Holdings to Close 150 Additional Stores

Assessment

Interactive Video

Business, Health Sciences, Architecture, Performing Arts, Biology

University

Hard

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The video discusses Sears' ongoing financial difficulties and the strategies employed by Eddie Lambert to manage the company's assets, including store closures and real estate collateralization. It also touches on broader retail industry trends, such as the shift towards optimizing store numbers and enhancing online presence, with a focus on how companies like Macy's are adapting.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary challenge Sears is facing according to the discussion?

Expanding its store count

Improving customer service

Managing liquidity and resizing

Increasing online presence

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What strategy is Eddie Lambert primarily using to manage Sears' assets?

Hiring more staff

Increasing advertising budget

Monetizing real estate and IP

Expanding into new markets

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the restructuring efforts mentioned for Sears?

Reducing online sales

Increasing product lines

Spinning out businesses

Opening new stores

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key factor for success in the current retail landscape?

Providing the best customer service

Having the most stores

Finding the right number of stores

Offering the lowest prices

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What shift is occurring in the retail industry according to the discussion?

From fast fashion to luxury

From brick-and-mortar to online

From online to brick-and-mortar

From local to international markets