This unrivalled performance does, though, come with a catch: how on earth do you replace someone like that? Two years ago Mr ...

The Minneapolis company said Wednesday that it expects its sales slump to extend through the critical holiday shopping season. The company also announced that it’s planning to invest another billion ...

Wendy's surprised both customers and investors when it shared plans to close down around 300 restaurants by the end of the ...

Major stock indexes ended sharply lower to begin the week, which will see AI darling Nvidia and retail giants report ...

John Furner is being promoted to Walmart's global CEO after leading U.S. operations since 2019. He started his Walmart career as a summer intern.

Doug McMillon, who will exit in January, has steered the retail giant to new heights through a pandemic, high inflation and ...

Consumer spending, which accounts for more than two-thirds of U.S. economic activity, will now come under Wall Street's ...

US retail chain Walmart has appointed John Furner as its next president and CEO, effective from 1 February 2026. Furner will replace Doug McMillon, who has been at the helm since 2014. McMillon will ...

On Friday, Nov. 14, Walmart Inc. WMT announced that its long-serving CEO, Doug McMillon, will retire effective Jan. 31, 2026. The board has appointed John Furner, currently head of Walmart U.S., to ...