Retail’s New Reality: Consolidation, Bankruptcy, Survival

Retail’s New Reality: Consolidation, Bankruptcy, Survival

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the evolving landscape of the retail industry, particularly luxury retail, in the wake of the pandemic. It highlights the acceleration of pre-existing trends such as online shopping and the shift to an omnichannel approach. The discussion covers the challenges faced by retailers, including consolidation and bankruptcy, and the need for businesses to adapt to new consumer expectations. The role of technology and data analytics in understanding consumer behavior is emphasized, with a focus on how companies like Amazon are leveraging these tools. The video also explores the potential for retail survival through business model innovation and lease renegotiation.

Read more

3 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the marketing landscape changed for luxury brands?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways can companies differentiate themselves to avoid bankruptcy?

Evaluate responses using AI:

OFF

3.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contribute to the survival of retail companies during economic downturns?

Evaluate responses using AI:

OFF