Holiday Retail Trends

Holiday Retail Trends

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

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The video discusses the current state of consumer spending, highlighting cautious behavior due to economic uncertainty. Wendy Liebman, CEO of WSL Strategic, explains that while consumers are spending, they are doing so with caution, waiting for sales and discounts. The discussion covers the prevalence of retail deals, the impact of experiences and essential purchases, and the outlook for consumer behavior in 2025, noting increased credit card debt and a cautious approach to spending.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are influencing the cautious spending behavior of consumers this holiday season?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did retailers respond to the concerns of American shoppers during the holiday season?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What types of purchases were consumers more willing to make during the holiday season?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What role do discounts play in consumer shopping behavior as mentioned in the text?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the outlook for consumer spending in 2025 according to the discussion?

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