Former Ulta chief executive Mary Dillon will take the reins at Foot Locker, replacing Richard Johnson as president and CEO on Sept. 1, the sports footwear and apparel retailer said Friday. Dillon led the beauty retailer for eight years and previously held leadership positions at U.S. Cellular, McDonald’s and PepsiCo.
“She is credited with attracting new brands, building e-commerce capabilities, and doubling the number of loyalty members with effective marketing,” Telsey Advisory Group analysts led by Cristina Fernández said in a client note, adding that her tasks at Foot Locker will include right-sizing and relocating the store fleet, boosting e-commerce “and diversifying the merchandising mix to evolve Foot Locker into a house of exciting brands from primarily a retailer of Nike products (estimated 60% of sales in 2022).”
To view the full article, please click on the following link:
Visit Content