EXEC: Footasylum Plans New Store in Leeds, England

The footwear and sportswear omni-channel retail company said the 12,000-square-foot store in Leeds, England, follows the “strong performance of its former store at The Core shopping centre and last year’s successful pop-up at Trinity Leeds.”

Renfro Brands Appoints CEO

Sock manufacturer Renfro Brands promoted Jay Robinson, formerly SVP of Global Business Development and chief innovation officer, to president and CEO. He succeeds Stan Jewell.

Circana: December Retail Sales Flat, Units Down 1 Percent

U.S. retail sales revenue was flat across food, consumer packaged goods (CPG), and discretionary product segments, and unit demand declined 1 percent during the five weeks of December compared to the same time in 2024, according to point-of-sale data from Circana.

Walmart Inc. Names New CEOs for Walmart U.S., Walmart International, and Sam’s Club

In a move that may signal an even bigger focus on the U.S. e-commerce business, David Guggina, currently chief e-commerce officer of Walmart U.S., has been named the next CEO of Walmart U.S., the retailer’s largest division. John Furner, Walmart’s current U.S. CEO, is scheduled to take over as Walmart Inc. CEO from longtime boss Doug McMillon in two weeks. 

EXEC: REI’s CEO Discusses “Unique Challenges” Facing the Co-Op

At a session at the NRF Big Show in New York City, Mary Beth Laughton, president of REI, talked about the retailer’s many “unique assets,” citing its co-op structure, outdoor mission and “green vests” in-store associates, but also the “unique challenges” that are behind its “Peak 28: Ascending Together” three-year transformation.

EXEC: Adidas and Nike Fight for Top Spot in UBS Global Survey

In the athletic footwear category, Nike was the top brand global consumers planned to purchase within the next 12 months, at 49 percent; followed by Adidas, 41 percent; New Balance, 17 percent; Puma, 14 percent; Air Jordan, 13 percent; Asics, 12 percent; Anta and Skechers, both 10 percent; Li-Ning, 9 percent, and Converse, 8 percent.