Copyright

Impact of Demographic Shifts on Retail Trends

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

How is income polarization affecting retail spending?

Create Your Account To Take This Quiz

As a member, you'll also get unlimited access to over 79,000 lessons in math, English, science, history, and more. Plus, get practice tests, quizzes, and personalized coaching to help you succeed.

Try it risk-free
Try it risk-free for 30 days. Cancel anytime
Already registered? Log in here for access

1. What is a retail lesson that can be learned from Japan in meeting the needs of an aging population?

2. What should retailers do to adjust for more women in the workforce?

Create your account to access this entire worksheet
A Premium account gives you access to all lesson, practice exams, quizzes & worksheets
Access to all video lessons
Quizzes, practice exams & worksheets
Certificate of Completion
Access to instructors
Create an account to get started Create Account

About This Quiz & Worksheet

Demographic shifts have a measurable impact on retail trends. Quiz what you know about these trends by answering multiple-choice questions on topics such as the way income polarization influences retail spending and a lesson in retail that can be learned from Japan in meeting the needs of an aging population.

Quiz & Worksheet Goals

You'll be required to answer questions on these points of interest:

  • Way(s) that retailers can adjust for more women in the workplace
  • Impact of the changing ethnic makeup in the U.S. on retailers
  • Example of how retailers can use a concept such as the 'Lipstick Index' to their advantage

Skills Practiced

  • Making connections - use your understanding of income polarization and how it's connected to retail spending
  • Information recall - access the knowledge you've gained regarding a retail lesson that can be learned from Japan's meeting the needs of its aging population
  • Knowledge application - use your knowledge to answer questions about an example(s) of a retailer's adjusting for more women in the workplace and the way the changing ethnic makeup in the U.S. impacts retailers

Additional Learning

Feel free to learn more about modern trends in retail with the lesson named Impact of Demographic Shifts on Retail Trends. You'll be exploring these important topics:

  • Aging consumers in the U.S.
  • Changes in household dynamics
  • Discretionary income
Support