U.S. Retail Earnings Roundup

The transcript discusses the financial performance and strategic challenges of various retail companies, including Wayfair, Kohl's, and L Brands. It highlights Wayfair's struggle to achieve profitability, Kohl's decision to close stores, and the mixed performance of L Brands. The discussion also touches on broader retail market trends, with a focus on consumer behavior and the success of off-price retailers like TJ Maxx and Ross.

What was the market's expectation for Wayfair's financial performance?

• A significant profit

• A large loss

• No change in performance

• A small loss

What strategic decision did Kohl's announce to improve its business?

• Opening new stores

• Increasing product prices

• Closing 18 stores

• Expanding into new markets

How does Kohl's real estate situation compare to Sears?

• Kohl's has no real estate assets

• Kohl's has a similar real estate strategy

• Kohl's rents most of its locations

• Kohl's owns more real estate

What recent challenge has Victoria's Secret faced?

• A sluggish fourth quarter

• A successful fourth quarter

• An increase in store openings

• A rise in stock prices

What metaphor is used to describe consumer shopping behavior?

• Shopping is like a treasure hunt

• Shopping is like going on Tinder

• Shopping is like a puzzle

• Shopping is like a marathon