Macy's to close dozens of stores after the holidays

Macy's to close dozens of stores after the holidays

Assessment

Interactive Video

Other

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

Macy's plans to expand to 65 locations by January 2025, exceeding previous expectations. On a recent earnings call, Macy's CEO highlighted initiatives aimed at increasing profitability. Additionally, the retailer intends to close 150 underperforming stores by 2026.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the duration of the initiative mentioned in the text?

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OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the total number of locations Macy's plans to have by the end of January 2025?

Evaluate responses using AI:

OFF

3.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the previous expectation regarding the number of locations?

Evaluate responses using AI:

OFF

4.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the CEO of Macy's describe the impact of the initiative on profitability?

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OFF

5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the number of underperforming stores Macy's plans to close through 2026?

Evaluate responses using AI:

OFF

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