Whats Behind the Decline in Holiday Retail Numbers?

Whats Behind the Decline in Holiday Retail Numbers?

Assessment

Interactive Video

Business

University

Hard

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The video discusses the NRF's controversial report of an 11% sales drop, questioning its accuracy. It highlights the impact of Cyber Week on consumer behavior and the shift from physical stores to online shopping, which is experiencing significant growth. The video also anticipates a highly promotional holiday season with ongoing sales opportunities.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage drop in sales did the NRF report?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the controversy surrounding the NRF's methodology?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What alternative perspective do some retailers have regarding the reported sales decline?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker view the impact of online sales compared to physical stores?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker predict about the upcoming holiday season in terms of promotions?

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