What is one of the main reasons JCPenney and Kohl's are struggling according to the discussion?
Target Cuts Forecast After 'Disappointing' Sales

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Business, Information Technology (IT), Architecture
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
High online sales
Weak store traffic
Excessive advertising costs
Strong competition from Walmart
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which factor is NOT mentioned as a reason for Target's struggle to drive store traffic?
Amazon's competition
Lower food presence
High food presence
Growing online sales
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How might economic stimuli affect low-income consumers according to the video?
They will stop shopping at Walmart
They will benefit more from dollar stores
Their paychecks will rise quickly
They will immediately increase spending at Target
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which department store reported the largest decline during the holiday season?
Macy's
JCPenney
Sears
Kohl's
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary issue faced by mall-based department stores during the holidays?
Increased online competition
High rental costs
Decline in holiday sales
Lack of new products
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