The Latest Breaking News from Doug McMillon

Investors consider buying Walmart stock after it recently moved to the Nasdaq?

McMillon worked his way up from a Walmart warehouse worker making $6.50 hourly to CEO with a $26.5 million compensation package. Now, he’s looking forward to “just cheerlead” from the sidelines.

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A longtime Walmart (NYSE:WMT) shopper took to Reddit recently to express disbelief over a wave of steep price increases on groceries and basic goods. In a viral post on r/Frugal, the person wrote, “Last week I went and noticed nearly all my cheap thrills are 25 to 50% higher,” saying…

Furner first joined Walmart in 1993 as a part-time store associate. Over the years, he climbed through a variety of roles, store operations, merchandising, sourcing, and even took on international responsibility by working in Walmart's China division.

Both companies have new incoming CEOs, but Walmart’s appointment has been better received by Wall Street.

At a fraught moment for the American economy, an unusual number of globally iconic brands are getting new leadership

Doug McMillon retires after transforming Walmart into a tech-driven powerhouse. John Furner will succeed him, but can he sustain Walmart's dominance in a volatile retail market?

Furner said he learned the value of hard work from his grandfather, who was a farmer.