Holiday Shopping 2021 Review

Holiday Shopping 2021 Review

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

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The video discusses the growth in holiday sales, highlighting early shopping trends due to supply chain concerns. It examines the impact of supply chain issues, particularly in the automotive and electronics sectors, due to computer chip shortages. Apparel and jewelry sales saw significant growth, attributed to their giftable nature and consumers' desire to refresh wardrobes. The video also addresses the outlook for retail sales in 2022, noting concerns about reduced stimulus and inflation affecting consumer spending.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How did consumer sentiment regarding travel and family gatherings influence holiday shopping?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What were some creative solutions retailers implemented to address supply chain challenges?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the outlook for retail sales in 2022 based on the discussed factors?

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