Macy's Promotes 'Story' Concept

Macy's Promotes 'Story' Concept

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses the challenges faced by department stores, particularly Macy's, and their strategic responses, including cost-cutting and E-commerce expansion. It introduces the innovative 'Story' concept, a unique shopping experience aimed at enhancing customer engagement and driving sales. The success of Story is highlighted through increased customer conversion, unique product offerings, and new partnerships, positioning Macy's as a leader in retail innovation.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges has Macy's department faced in recent years?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the 'story' concept changed the shopping experience at Macy's?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the four fronts on which the 'story' concept has been successful?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways has the 'story' concept attracted new customers to Macy's?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What partnerships has Macy's formed as a result of the 'story' concept?

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