U.S. Retail Sales Top Expectations With 0.4% Gain

U.S. Retail Sales Top Expectations With 0.4% Gain

Assessment

Interactive Video

Business, Information Technology (IT), Architecture, Social Studies

University

Hard

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The video discusses the strong retail performance in January, attributed to holiday spending and gift cards. It highlights the ongoing struggles of department stores like Sears and Macy's, with some like JCPenney showing slight improvement. The discussion shifts to Amazon's exploration of brick-and-mortar stores and the shrinking retail footprint. The video concludes with a focus on the border adjustment tax, its potential impact on retailers, and consumer costs, emphasizing the political and economic implications.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How has Amazon's approach to brick-and-mortar stores changed according to the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns do consumers have regarding clothing prices and manufacturing locations?

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