Gerald Storch Expects a Lot More Retail Bankruptcies Amid Pandemic
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Business, Information Technology (IT), Architecture
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University
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Hard
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What has been a significant challenge for the apparel industry during the pandemic?
Expansion of mall-based retailers
Rise in clothing prices
Shift in consumer spending towards electronics
Increased demand for luxury items
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which company is mentioned as potentially benefiting from acquiring JCPenney's assets?
Walmart
Costco
Amazon
Target
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major concern for creditors when companies go bankrupt?
Increased competition
Excessive marketing expenses
Poor performance against plans
High employee turnover
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential solution for excess retail real estate?
Leaving them vacant
Demolishing the buildings
Repurposing by dollar stores and other businesses
Converting them into residential spaces
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key strategy for new retail businesses today?
Relying on international supply chains
Offering only luxury products
Having a strong online presence
Focusing solely on physical stores
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How has the supply chain strategy shifted due to the pandemic?
Reduction in inventory levels
Focus on efficiency and speed
Increased reliance on China
Diversification and local manufacturing
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a suggested feature for future retail stores?
Extended operating hours
Exclusive in-store promotions
Pick-up locations with minimal contact
Large browsing areas
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