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J.Crew CEO Mickey Drexler steps down amid declining sales

| Mickey Drexler has been responsible for shaping some of America's most trusted brands including Gap, Old Navy, Banana Republic and Madewell. For the past 10 consecutive quarters, sales at J.Crew stores have been declining. CBS News financial contributor Mellody Hobson joins "CBS This Morning" from Chicago to discuss the leadership change and shifting trends in retail.