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The Latest Breaking News from John Furner

A tale of two CEO successions: Walmart’s clean break vs. Target’s much-criticized transition

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

Fortune

Why John Furner is the CEO Walmart thinks it needs right now

Walmart’s next CEO will have to prove that an old-school retailer can think like a tech firm without losing its soul.

Fortune

Doug McMillon Steps Down: Will Walmart's New CEO Keep the World's Largest Retailer on Top?

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?

International Business Times UK

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Meet Walmart's new CEO, John Furner: Once an hourly worker, he'll helm the top company in the Fortune 500

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

Fortune

Walmart CEO Doug McMillon to step down after more than a decade in role

John Furner, the retail chain’s boss in the US, will succeed McMillion as global CEO after 31 January

The Guardian - US

Who Is John Furner? Everything We Know About Walmart's New CEO As Doug McMillon Announces Exit

Walmart's long-planned leadership transition is officially underway.

International Business Times

Walmart CEO Doug McMillon retiring, succeeded by John Furner

McMillon led the company during a massive expansion and technological revolution.

Axios

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Walmart CEO Doug McMillon to retire at 59 years old

John Furner, currently head of Walmart’s U.S. operations, will succeed McMillon as president and chief executive officer starting February 1, 2026.

Fortune

Walmart CEO Doug McMillon retiring after 11 years as he names his replacement

The current CEO transformed the business during his time at the helm

The Independent UK

Walmart CEO says paying its star managers upwards of $620,000 yearly empowers them to ‘feel like owners’

From Rolls-Royce to Volkswagen, companies are betting big on pay hikes to fix culture—because money still talks.

Fortune

Walmart is determined to win the Thanksgiving meal value wars with a $40 dinner for 10 people

The Butterball turkey is at its lowest price since 2019, Walmart U.S. president and CEO John Furner said.

Fortune

Why Walmart's CEO says AI won't lead to lower headcount

AI will create jobs to replace those it eliminates at Walmart.

Fortune

Newly-minted grads only make up just 5% of the workforce but they’re playing an ‘oversized’ role driving up unemployment

Landing a job is only getting more difficult for graduates, potentially strengthening arguments from the likes of Jamie Dimon about focusing on job-ready skills as opposed to college degrees.

Fortune

Walmart CEO says paying its star managers upwards of $620,000 yearly empowers them to ‘feel like owners’

From Rolls-Royce to Volkswagen, companies are betting big on pay hikes to fix culture—because money still talks.

Fortune

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Latin Times

Dolly Parton Donates Millions to Hurricane Relief, Partners with Walmart to Donate Millions More

Parton shared that she would personally donate $1 million and the Dollywood Foundation would be donating another $1 million. Walmart pledged $10 million.

International Business Times

Walmart To Give Bonuses To 700,000 US Hourly Workers

Both part-time and full-time associates will be eligible for bonuses of up to $1,000 annually.

Fortune

Nestlé is rolling out a new food brand just for Ozempic and Wegovy users

The company says its Vital Pursuit line, priced under $5, is high in protein and vitamins, addressing nutrient deficiencies that Ozempic and Wegovy users may have.

International Business Times

Walmart Unveils Plans To Open 150 Large-Format Stores In Next Five Years

The company, which already operates in more than 4,600 stores across the country and nearly 600 Sam's Club warehouses, aims to extend its footprint further.

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Fortune

Coca-Cola CEO says company has outmaneuvered Ozempic because it’s been preparing for a low-calorie future for years

Coca-Cola CEO James Quincey says the company is ready for Ozempic and Wegovy, as it's been shifting to healthier products for years.

Fortune

Nestle working on 'companion products' for Ozempic users

CEO Mark Schneider said the group was working on “companion products” for people using weight-loss aiding drugs

Fortune

Weight loss-aiding drugs Ozempic and Wegovy are dampening food sales, top Walmart exec says

The drugs, although not officially approved for use in weight loss, have been touted as a “miracle” treatments for obesity.

Tribune News Service

Walmart CEO: Virginia store will remain closed ‘for the foreseeable future’

NORFOLK, Va. — The Chesapeake Walmart where police said a manager shot six people and himself to death will remain closed for “the foreseeable future,” according to a company executive.

Tribune News Service

PepsiCo Foods CEO believes ‘your attitude will determine your altitude’

If you want to see Steven Williams’ eyes light up, mention Nacho Cheese Doritos.

Tribune News Service

Here’s what Walmart is doing to fight inflation

FAYETTEVILLE, Ark. — Walmart CEO Doug McMillon says the retail giant is closely watching its core shopper while working on ways to lower its costs and navigate 40-year-high inflation.

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