Washington Prime CEO on Retail Trends and Consolidation

Washington Prime CEO on Retail Trends and Consolidation

Assessment

Interactive Video

Business

University

Hard

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The video discusses the challenges facing the retail industry, often referred to as the 'retail apocalypse.' It highlights the importance of diversifying tenant pools to ensure the survival and profitability of malls. The discussion also covers financial challenges, including upcoming debts and the impact of private equity involvement. The video explores the potential for industry consolidation and emphasizes the need for innovative strategies, such as partnerships with companies like Amazon, to attract more visitors and increase sales.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the impact of rising interest rates on retail companies.

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the concept of experiential retail contribute to the success of malls?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What strategies are being implemented to attract more visitors to malls?

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