How Holiday Retail Sales Are Measuring Up So Far

How Holiday Retail Sales Are Measuring Up So Far

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

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Ken Perkins discusses the economic outlook for 2019, highlighting challenges like tariffs and interest rates. Retailers are preparing by adjusting inventory and sourcing strategies. Black Friday remains crucial for sales, with a shift towards online shopping. Weather impacts are minimal, with strong consumer confidence and low unemployment. Lower oil prices and rising wages are expected to boost consumer spending.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some of the headwinds retailers are facing as they prepare for the upcoming year?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How have retailers adjusted their inventory strategies in response to tariff increases?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways are retailers preparing for Black Friday and Cyber Monday?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contribute to the consumer confidence mentioned in the discussion?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact do lower oil prices have on consumer spending according to the discussion?

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OFF