Macy's Rebounds From Tough Holiday With a 1Q Sales Surprise

Macy's Rebounds From Tough Holiday With a 1Q Sales Surprise

Assessment

Interactive Video

Business

University

Hard

Created by

Wayground Content

FREE Resource

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one way apparel retailers are reducing their risk from tariffs?

Expanding into new markets

Increasing local production

Shifting manufacturing to Southeast Asia

Raising product prices

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it difficult for retailers to renegotiate deals with suppliers?

Retailers lack negotiation skills

Suppliers are unwilling to change terms

Suppliers have increased production costs

Uncertainty about tariff duration

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential consequence of higher import costs for retailers?

Increased marketing budgets

Higher product quality

Reduced profit margins

Expansion into new regions

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which strategy is NOT mentioned as a way for Macy's to manage costs?

Lowering raw material costs

Cutting marketing expenses

Increasing headcount

Reducing inventory

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does a tight labor market affect retailers' cost management?

It leads to lower wages

It increases labor costs

It simplifies hiring processes

It reduces the need for skilled workers