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Dozens of shut-down 99 Cents Only stores will reopen as Dollar Tree

Dozens of shut-down 99 Cents Only stores will reopen as Dollar Tree

Assessment

Interactive Video

Information Technology (IT), Architecture, Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

Dollar Tree has acquired leases for 170 former $0.99 only store locations across Arizona, California, Nevada, and Texas. Following $0.99 only's bankruptcy and closure of all its stores, Dollar Tree plans to reopen these locations under its own brand and product line by fall.

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did Dollar Tree acquire according to the video?

A new product line

Leases for store locations

Shares in a tech company

A competitor's brand

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In which states did Dollar Tree acquire $0.99 only locations?

Washington, Oregon, Idaho, and Utah

Florida, New York, Illinois, and Ohio

Georgia, Alabama, Mississippi, and Louisiana

Arizona, California, Nevada, and Texas

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What financial situation did $0.99 only face recently?

They were acquired by another company

They filed for bankruptcy

They launched a new product line

They expanded to new markets

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does Dollar Tree plan to do with the acquired stores?

Sell them to another company

Use them for office spaces

Convert them into warehouses

Reopen them with its own branding

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When does Dollar Tree plan to reopen the acquired stores?

This fall

This winter

Next summer

Next spring

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