Fortnum & Mason CEO Says Shoppers Want a 'Retail Experience'

Fortnum & Mason CEO Says Shoppers Want a 'Retail Experience'

Assessment

Interactive Video

Business

University

Hard

Created by

Wayground Content

FREE Resource

The video discusses the impact of Brexit on UK businesses, particularly focusing on supply chain concerns and the company's robust growth despite potential challenges. It explores Fortnum & Mason's global expansion, including a new store in Hong Kong amid ongoing protests, and highlights the importance of physical retail experiences for millennials and Gen Z. The company adapts to changing shopping trends by offering unique in-store experiences. It also emphasizes growth in Asia and America, managing currency volatility, and maintaining strong supplier relationships.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the supply chain concerns mentioned in relation to the UK business?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the business in the UK been performing despite the challenges?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What steps have been taken to prepare for potential changes due to Brexit?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the company view its expansion plans in light of the current economic climate?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of physical stores in the context of changing shopping behaviors?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways is the company adapting to the preferences of younger consumers?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does the company face regarding currency volatility?

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