U.S. Retail Earnings Roundup

U.S. Retail Earnings Roundup

Assessment

Interactive Video

Business, Architecture

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the mixed financial performance of various retail companies, including Wayfair, Kohl's, and L Brands. Wayfair's small loss raises questions about its profitability in a market dominated by Amazon. Kohl's is adjusting its business strategy by closing stores, while L Brands faces challenges with Victoria's Secret. The retail market shows a mixed picture, with off-price retailers like TJ Maxx and Ross performing well. Consumer behavior is likened to dating apps, where shoppers quickly move on if not satisfied.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the market's expectation for Wayfair's financial performance?

A break-even result

A small loss

A significant profit

A large loss

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What strategic move did Kohl's announce to improve its business?

Opening new stores

Closing 18 stores

Increasing product prices

Expanding into new markets

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Kohl's real estate strategy differ from Sears'?

Kohl's owns most of its real estate

Kohl's rents most of its real estate

Kohl's has more valuable real estate

Kohl's has less real estate

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What recent change occurred at L Brands that might affect its performance?

Increased marketing budget

Store expansion

CEO resignation

A new product launch

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What analogy is used to describe consumer shopping behavior?

Shopping is like a marathon

Shopping is like a puzzle

Shopping is like using Tinder

Shopping is like a treasure hunt