Editor
Foot Locker Inc. jumped after naming retail industry veteran Mary Dillon to be its next chief executive officer in a move that one analyst called a “huge win” for the company.
Dillon, formerly the CEO and executive chair of Ulta Beauty Inc., will replace Richard Johnson, who is retiring, Foot Locker said Friday in a statement. Dillon will also become a member of the athletic-wear retailer’s board. Both appointments are effective Sept. 1.
