1.
When did the first enclosed shopping mall open in the U.S?
Correct Answer
B. 1956
Explanation
In 1956, the first enclosed shopping mall opened in the U.S. This marked a significant shift in the retail industry as it provided a centralized space for multiple stores and amenities, protected from the elements. The concept of enclosed malls gained popularity in the following decades, transforming the shopping experience and becoming a staple of American culture.
2.
What was invented in 1936 by adding wheels to a chair, then tying two baskets to the seat?
Correct Answer
C. The shopping cart
Explanation
In 1936, someone invented the shopping cart by adding wheels to a chair and attaching two baskets to the seat. This invention revolutionized the way people shopped, as it allowed them to easily transport their groceries or items around a store. The shopping cart became an essential tool in retail, making shopping more convenient and efficient for customers.
3.
What department store was founded by Lyman and Joseph Bloomingdale?
Correct Answer
A. Bloomingdale's
Explanation
Bloomingdale's is the correct answer because it was founded by Lyman and Joseph Bloomingdale. The question specifically asks for the department store founded by these individuals, and Bloomingdale's fits that description. Target, Walmart, and Saks Fifth Avenue are not relevant to the founding of Bloomingdale's.
4.
When was the first U.P.C. scanner installed in a supermarket?
Correct Answer
C. 1974
5.
What online retailer encourages shoppers to be "at home with the O"?
Correct Answer
D. Overstock.com
Explanation
Overstock.com encourages shoppers to be "at home with the O" because their slogan is "At Home with the O". This suggests that they want customers to feel comfortable and at ease while shopping on their website. The use of the letter "O" in the slogan also aligns with the "O" in Overstock.com, making it a catchy and memorable phrase for their brand.
6.
In what decade were the giant "mega-malls" developed?
Correct Answer
B. 1980s
Explanation
During the 1980s, the development of giant "mega-malls" took place. This decade saw a significant shift in consumer culture, with the rise of suburbanization and the expansion of retail spaces. Mega-malls became popular due to their large size, offering a wide range of stores, entertainment options, and amenities all under one roof. The 1980s marked a turning point in retail architecture and consumer behavior, making it the correct answer for when these giant malls were developed.
7.
Who is protected by the Consumer Protection Distance Selling Act of 2000?
Correct Answer
A. Online shoppers
Explanation
The Consumer Protection Distance Selling Act of 2000 is designed to protect consumers who make purchases online. This legislation ensures that online shoppers have certain rights and protections, such as the right to cancel an order within a specified time frame and the right to receive clear information about the product or service being purchased. The act does not specifically protect bloggers, mail order shoppers, or store clerks, as it is focused on regulating online transactions.
8.
As of May 2010, what was the only U.S. state with no Target store?
Correct Answer
A. Vermont
Explanation
Vermont was the only U.S. state with no Target store as of May 2010.
9.
What well-known electronics retailers, founded in 1949, closed its doors in 2009?
Correct Answer
A. Circuit City
Explanation
Circuit City is the correct answer because it was a well-known electronics retailer that was founded in 1949 and closed its doors in 2009. It was a popular destination for purchasing electronics and appliances, but it faced financial difficulties and eventually filed for bankruptcy, leading to its closure.
10.
The Limited reported $121.4 million in revenue in 2006 due to what?
Correct Answer
A. Unused gift cards
Explanation
In 2006, The Limited reported $121.4 million in revenue due to unused gift cards. This means that customers had purchased gift cards but had not used them to make purchases at the store. The revenue generated from these unused gift cards contributed significantly to the overall revenue of the company for that year.
11.
In 2009, with $258 billion sales, what was the largest grocery retailer in the U.S?
Correct Answer
A. WalMart
Explanation
In 2009, WalMart had the largest sales among the given grocery retailers in the U.S. This implies that WalMart generated the highest revenue compared to Kroger, Safeway, and Piggly Wiggly during that year.