Retail Challenges and Changes

What were some of the main reasons behind Joanne's financial struggles leading to its closure?

• Poor store locations

• High employee turnover

• Lack of interest in crafting

• Increased online shopping and competition

Which of the following companies is NOT mentioned as a competitor that affected Joanne's business?

• Hobby Lobby

• Target

• Amazon

• Michaels

What is a common challenge faced by traditional stores in the current retail environment?

• Rising operational costs

• Decreasing online presence

• Lack of product variety

• Limited store hours

How might the closure of physical stores like Joanne affect local communities?

• Increase in local employment

• More options for shopping

• Boost in local economy

• Loss of foot traffic and economic impact

Why might some products be difficult to replace with online shopping?

• They are too expensive online

• They are too large to ship

• They are not available online

• They require physical inspection