J.C. Penney Plans to Close as Many as 140 Stores
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Business, Information Technology (IT), Architecture, Performing Arts
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main reason for JCPenney's store closures?
Growth in digital sales
Lack of customer interest
Rising real estate costs
Increased competition from new malls
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How has JCPenney enhanced its digital presence?
By reducing the number of online SKUs
By offering discounts on digital purchases
By increasing the number of online SKUs
By closing all physical stores
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does BOPUS stand for in retail strategy?
Buy Offline, Pick Up in Store
Buy Offline, Pay Upon Shipment
Buy Online, Pick Up in Store
Buy Online, Pay Upon Shipment
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which retailer showed strong earnings despite losing a major product line?
Walmart
JCPenney
Target
Nordstrom
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What contributed to Nordstrom's improved gross margins?
Increased store openings
Effective inventory management
Higher advertising spend
Expansion into new markets
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