Articles by Adrian
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COO and CFO Perspective: Advancing Long-term Priorities Despite Short-term Impacts
COO and CFO Perspective: Advancing Long-term Priorities Despite Short-term Impacts
By Adrian Mitchell
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CFO Perspective: Reflecting on Two Years as CFO of Macy’s, Inc.
CFO Perspective: Reflecting on Two Years as CFO of Macy’s, Inc.
By Adrian Mitchell
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CFO Perspective: Investing in Data-driven Analytics to Navigate Headwinds – Before they Arrive
CFO Perspective: Investing in Data-driven Analytics to Navigate Headwinds – Before they Arrive
By Adrian Mitchell
Activity
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I recently had the pleasure of joining Arthur Zaczkiewicz on the WWD Voices podcast, where we discussed our Bold New Chapter strategy along with my…
I recently had the pleasure of joining Arthur Zaczkiewicz on the WWD Voices podcast, where we discussed our Bold New Chapter strategy along with my…
Shared by Adrian Mitchell
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We recently launched our inaugural 2023 Corporate Responsibility Report, which showcases how our colleagues are creating a more inclusive and…
We recently launched our inaugural 2023 Corporate Responsibility Report, which showcases how our colleagues are creating a more inclusive and…
Shared by Adrian Mitchell
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Recently, I had the pleasure of spending time with students from Clark Atlanta University at our Herald Square flagship location. My colleagues and I…
Recently, I had the pleasure of spending time with students from Clark Atlanta University at our Herald Square flagship location. My colleagues and I…
Shared by Adrian Mitchell
Experience & Education
Publications
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Winning the Future of Retail with Real Estate
Boston Consulting Group, Perspectives
Aside from a few exceptions, stores are among the most prominent commercial losers of 2020, with 25,000 new closures currently predicted in the US alone. Before this year, net commercial and retail square footage was still increasing in the US, despite the loss of business to digital channels and platforms. The pandemic has heightened the paradox of an industry that has grown by 4% to 5% annually over the past decade, and yet is losing retail companies to insolvency at an accelerating…
Aside from a few exceptions, stores are among the most prominent commercial losers of 2020, with 25,000 new closures currently predicted in the US alone. Before this year, net commercial and retail square footage was still increasing in the US, despite the loss of business to digital channels and platforms. The pandemic has heightened the paradox of an industry that has grown by 4% to 5% annually over the past decade, and yet is losing retail companies to insolvency at an accelerating pace.
To stay relevant, retailers must act differently. They have already done a lot in the past five years, with efforts ranging from investments in technology, digital, and sustainability to close attention to purpose, differentiation, and operational efficiency. Yet most of them have not focused on their foundational asset: their real estate.
To win the future, retailers must get back to opening stores that create profitable growth—and that means rethinking their approach to their store portfolio and retail network. They need a strategic mindset, a fresh approach to the real estate function, and advanced analytics capabilities to support the vision. Retailers that deliver on this vision will be able to compete, innovate, win market share, and resume growth while their traditional competitors continue to struggle. -
Podcast Episode 1: A Million Touchpoints
Boston Consulting Group
In this series, Gabrielle Novacek interviews BCGers to understand how inclusion has influenced their career and what they’ve done to foster a culture where every voice is heard and respected. In this episode she speaks with Adrian Mitchell, a lateral-hire Managing Director and Partner in Chicago. Adrian discusses the importance of following your instinct, really getting to your colleagues, and being patient with messy conversations. To learn more about diversity and inclusion at BCG, visit…
In this series, Gabrielle Novacek interviews BCGers to understand how inclusion has influenced their career and what they’ve done to foster a culture where every voice is heard and respected. In this episode she speaks with Adrian Mitchell, a lateral-hire Managing Director and Partner in Chicago. Adrian discusses the importance of following your instinct, really getting to your colleagues, and being patient with messy conversations. To learn more about diversity and inclusion at BCG, visit https://www.bcg.com/capabilities/diversity-inclusion/overview.
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Financial Institutions Can Break the Cycle of Racial Inequality
Boston Consulting Group, Perspectives
In this moment in time, we see our nation at an inflection point. The crushing social and economic burden of the COVID-19 pandemic has fallen disproportionately on Black American communities. At the same time, the killing of George Floyd and the resulting civil unrest have heightened awareness, unleashed outrage, and mobilized a shared national imperative to address and eradicate racial disparity.
There’s long been a need for action. The time for that action is now. And we see financial…In this moment in time, we see our nation at an inflection point. The crushing social and economic burden of the COVID-19 pandemic has fallen disproportionately on Black American communities. At the same time, the killing of George Floyd and the resulting civil unrest have heightened awareness, unleashed outrage, and mobilized a shared national imperative to address and eradicate racial disparity.
There’s long been a need for action. The time for that action is now. And we see financial institutions as uniquely well positioned to act—and to catalyze further action in corporate America. -
Target: Responding to the Recession
Harvard Business School Case Study
Quoted in Harvard Business School case study, Target: Responding to the Recession (N9-510-016, March 2010) by authors Ranjay Gulati, Rajiv Lal, and Cathy Ross.
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Lean Cuisine
McKinsey Quarterly 2005 Number 1
Proven techniques from manufacturing might be the recipe for improving productivity in restaurants.
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Every Penny Counts: Operators Who Designs Concepts For Value Get Biggest Bang for Buck
Nation's Restaurant News
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Speed It Up, Buddy: Overcoming Hurdles to Fast Casual, A Quicker Way to Maximize Profits
Nation's Restaurant News
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Fast Food Fight
McKinsey Quarterly 2003 Number 2
Honors & Awards
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BCG's Journeyman Award Winner
Boston Consulting Group
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Savoy’s 2020 Most Influential Black Executives in Corporate America
Savoy Magazine
http://savoynetwork.com/features/adrian-mitchell/
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Acceptance into The Executive Leadership Council
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https://www.facebook.com/elcinfo/photos/we-are-proud-to-welcome-67-new-members-to-the-elc-please-help-us-congratulate-th/10157132531280984/
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LSU’s Young Alumnus of the Year
Louisiana State University
https://www.lsu.edu/mediacenter/news/2014/03/item68851.php
https://issuu.com/lsualumni/docs/lsuaa_summer2014magazine -
Best-In-Class Company for Mobile Commerce
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International Webby Award
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Mobile Retail App of the Year
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Join now to viewMore activity by Adrian
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I want to thank Stephanie Forshee at LinkedIn News for the opportunity to share my background and journey to Chief Operations Officer and Chief…
I want to thank Stephanie Forshee at LinkedIn News for the opportunity to share my background and journey to Chief Operations Officer and Chief…
Shared by Adrian Mitchell
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This past weekend at NRF’s Big Show 2024, I had the opportunity to speak about the evolving role of the CFO. We also discussed balancing short and…
This past weekend at NRF’s Big Show 2024, I had the opportunity to speak about the evolving role of the CFO. We also discussed balancing short and…
Shared by Adrian Mitchell
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I am delighted to share this insightful story from The New York Times reporter Jordyn Holman, who recently spoke with Sean Barbour, our Senior Vice…
I am delighted to share this insightful story from The New York Times reporter Jordyn Holman, who recently spoke with Sean Barbour, our Senior Vice…
Shared by Adrian Mitchell
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Last week, I had the pleasure of attending the Fortune CFO Collaborative dinner in Boston, where we discussed the evolving role of the Chief…
Last week, I had the pleasure of attending the Fortune CFO Collaborative dinner in Boston, where we discussed the evolving role of the Chief…
Shared by Adrian Mitchell
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I’m happy to share that Macy’s, Inc. delivered better than expected third quarter results. We exited the quarter with healthy gross margins and a…
I’m happy to share that Macy’s, Inc. delivered better than expected third quarter results. We exited the quarter with healthy gross margins and a…
Shared by Adrian Mitchell
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I’m proud to see Yum! Brands digital sales continuing to grow and setting a record in Q3 that exceeds $7 billion dollars, an increase of more than…
I’m proud to see Yum! Brands digital sales continuing to grow and setting a record in Q3 that exceeds $7 billion dollars, an increase of more than…
Liked by Adrian Mitchell
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Nothing better than this 💙 The whole central team together in real life for 2 days celebrating our wins, big and small, embracing all that we’ve…
Nothing better than this 💙 The whole central team together in real life for 2 days celebrating our wins, big and small, embracing all that we’ve…
Liked by Adrian Mitchell
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