New Tariffs Loom Over the Holidays

New Tariffs Loom Over the Holidays

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

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The video discusses the impact of tariffs on the retail industry, focusing on supply chain pressures and consumer pricing. Retailers have had a successful year but face challenges due to tariffs, particularly those affecting goods from China. They have invested in online presence and developed mitigation strategies to handle tariff impacts. The video also highlights the divergence between falling consumer confidence and rising retail sales, emphasizing the pressure on retailers to maintain value for consumers despite increased costs.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the relationship between consumer confidence and retail sales as mentioned in the text.

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What strategies are retailers employing to ensure they provide value to consumers despite rising prices?

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