Drexler: 'Affordability' the Biggest Marketing Word Now

Mickey Drexler, Chairman of Alex Mill and former CEO and Chairman of J. Crew Group, joined the discussion to provide insight into the current retail landscape. Drexler emphasized the mistake of treating the consumer as a monolithic group, noting the complexity and varied behaviors among shoppers today. He speaks with Katie Greifeld & Bailey Lipschultz on "The Close."