JC Penney's Retail Growth Quiz

Which entrepreneur opened the first department store, known as the Marble Dry Goods Palace?

What were the drivers of success for department stores?

Which population group had more options and cheaper prices than general stores?

What business model was replicated in other cities shortly after the opening of the first department store?

What type of stores offered a large variety of goods at a discounted price?

What industry were trading stamps the precursor to?

Which city was the headquarters of the company moved to in 1913?

In which year did the company have 2500 stores in the U.S., Mexico, U.K., and Canada?

What is the name of the company's owner?

During which time period did the rise of small businesses occur?

What was the primary environment for the company's business?

What did the company help develop in 3rd world countries?

In what year did JC Penney become the 3rd largest retailer?

What were variety stores colloquially known as?

Who founded the first variety chain store?

When did Walgreens drug store chain emerge?

What is a franchise?

Who founded KFC?

Which century saw the birth of multinationals?

What factors accelerated the growth of multinationals?

Which industry did American firms dominate in Mexico?

Which event led to the destruction of investments abroad?

What legislative actions paved the way for multinational growth after World War II?

What is the estimated amount of cash Apple has offshore?

Which company organized its departments into specialized lines of goods, allowing it to surpass Montgomery Ward and become the leading mail-order firm?

When did Sears merge with Kmart?

What caused the decline in same-store sales for both Sears and Kmart in the next two years after their merger?

When did Sears declare bankruptcy?

Which company began selling homes in its catalog in 1908?

What was the most expensive home sold in Sears' catalog in 1908?

Which city was the headquarters of the company moved to in 1913?

What was the primary environment for the company's business?

What industry did American firms dominate in Mexico?

Which entrepreneur opened the first department store, known as the Marble Dry Goods Palace?

What caused the decline in same-store sales for both Sears and Kmart in the next two years after their merger?

Which century saw the birth of multinationals?

Approximately how many stores did JC Penney have when it became the 3rd largest retailer in 1962?

What was the colloquial name for variety stores?

In what year did Walgreens drug store chain emerge?

What year did Woolworth become the largest chain store in the world?

How many products are for sale at Walmart?

How many people does McDonald's feed every day?

Trading stamps were the precursor to which industry?

Which entrepreneur opened the first department store, known as the Marble Dry Goods Palace?

What were the drivers of success for department stores?

Which industry did American firms dominate in Mexico?

What type of stores offered a large variety of goods at a discounted price?

Which event led to the destruction of investments abroad?

Which company was founded in 1893 and eventually became the leading mail-order firm, surpassing Montgomery Ward?

What was the main factor that led to the success of A&P as a grocery chain in the 1860s?

Which company emerged as a major grocery chain in the 1860s and innovated the supermarket concept?

What was the primary reason for the rise of chain stores in smaller mid-sized cities?

Which company began selling homes in its catalog in 1908?

What percentage of women were in the workforce in 1920?

Which event led to the decline in same-store sales for both Sears and Kmart in the next two years after their merger?

Which legislative action paved the way for multinational growth after World War II?

What was the primary story in the retail industry over the next 10 years, according to the text?

What is the estimated amount of cash that U.S. corporations hold overseas?

Which event led to the destruction of investments abroad for multinational corporations?

What was the primary factor that accelerated the growth of multinationals in the mid-19th century?