As Legacy Retailers Falter, Digital Natives Are Reinventing Brick-and-Mortar Stores
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As Legacy Retailers Falter, Digital Natives Are Reinventing Brick-and-Mortar Stores
By Alexa Driansky & Asher Von Stein, Senior Vice Presidents, AlixPartners
The news is out: retailers are closing stores by the hundreds. Last year, they shuttered upward of 5,800 stores, while the number of closures for 2019 has already eclipsed that mark and is predicted to go as high as 12,000, according to Coresight Research (Figure 1). This may seem like a...
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Alexa Driansky is a senior vice president with AlixPartners. She has nearly 15 years of experience improving profitability for retailers and wholesalers across the globe, both in industry and in consulting. She has created value through helping companies use customer insights to expand into new product categories, optimizing pricing and promotions, developing marketing planning strategy, redesigning processes, and making other operational improvements. Driansky holds an MBA and a bachelor’s degree in economics from the Wharton School of the University of Pennsylvania.
Asher Von Stein is a senior vice president with AlixPartners. He quickly analyzes information, identifies opportunities, and develops effective, realistic solutions for clients with a data-driven approach. With experience driving revenue and profitability improvements for retailers through initiatives in sourcing, organizational effectiveness, merchandising transformation, and cost reduction, Von Stein understands the challenges that retailers face in an ever-changing marketplace. He has seven years of varied retail experience across the entire concept to customer cycle, working both in industry and consulting.
