Teen Retailers Need to Reinvent Themselves: Gromek

Teen Retailers Need to Reinvent Themselves: Gromek

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

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The video discusses the performance of IBM and Amazon during the holiday season, highlighting the shift towards mobile shopping. It explores the challenges faced by apparel and teen retailers, emphasizing the need for e-commerce and global expansion. The importance of omni-channel retailing is discussed, with examples from Macy's. The video also examines retail business models, focusing on pricing strategies. Finally, it debates the significance of physical stores versus online presence, using examples from Amazon and Sears.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors have contributed to the struggles of teen retailers in the U.S.?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of having a strong e-commerce presence for retailers today?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the holiday shopping pattern changed this year compared to previous years?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the impact of showrooming on traditional retail businesses.

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What changes did Sears implement in their store model, and what was the outcome?

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