Analysts are wary Michael Fiddelke’s plan won’t be quick enough to stem the Minneapolis-based retailer’s slide.

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.

Walmart delivered another standout quarter, posting strong sales and profits that blew past Wall Street expectations as it ...

“Bittersweet change (we’ll miss Doug) happening in time of strength,” was the assessment of TD Cowen analyst Oliver Chen in a ...

Doug McMillon, who on Friday announced his Jan. 31 retirement as Walmart Inc.'s chief executive, faced unprecedented ...

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

Walmart Inc. remains operationally strong but its high valuation makes it less appealing compared to TGT, despite solid sales ...

The world's largest retailer announces a major leadership transition, marking only the sixth CEO change in its history ...

Furner started at Walmart in 1993, and currently oversees the most important segment of the company’s business.

Like every person in the world, I was never going to do what my parents did ... Clearly, that did not work out.' ...

Walmart CEO Doug McMillon, who turned America's largest retailer into a tech-powered giant and spearheaded a period of robust sales growth since becoming chief executive in 2014, plans to retire early ...

Walmart's CEO Doug McMillon announced his resignation on Friday. He's part of a larger trend: retail CEO exits are up nearly ...