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The Latest Breaking News from John Furner

A once-unthinkable C-suite appointment solidifies Walmart's new identity as a tech company

Also: All the news and watercooler chat from Fortune.

Fortune

Why Walmart Continues to Rally While Executives Sell the Stock

Investors are embracing Walmart as a high-growth technology hybrid even as executives execute planned stock sales amid a historic leadership transition.

MarketBeat

The Walmart C-suite reshuffle shows how the retailer sees itself now: as a tech company

The retail giant is bolstering its tech cred with a focus on AI and e-commerce, and a major appointment.

Fortune

From analysis to the latest developments in health,
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Walmart Boss Doug McMillon Warns AI Chatbots Will Soon Change Literally Every Job

Walmart partners with Google Gemini for AI shopping. Seamless checkout within the chatbot launches soon in the US.

International Business Times UK

Walmart Is Getting a New CEO. Should You Buy, Sell, or Hold WMT Stock Here?

A leadership change is marking a new chapter in Walmart’s strategy.

Barchart

Walmart Warns Tariffs May Still Cause Price Hikes For Everyday Items Despite Some 'Relief' On Food Inflation

Walmart Inc. (NYSE:WMT) delivered a powerhouse third-quarter performance on Thursday, beating Wall Street expectations and raising its full-year guidance. However, amidst reports of strong revenue growth, executives cautioned that while grocery prices are stabilizing, tariffs remain a lingering variable that could impact the cost of household items.

Benzinga

Walmart Q3 FY26 Earnings Call Transcript

Walmart Inc (NYSE:WMT) reported third-quarter financial results before the market open on Thursday. The transcript from the earnings call has been provided below.

Benzinga

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Could John Furner Be The Leader To Take Walmart Into Its Next Era?

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.

International Business Times

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

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

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Fortune

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.

Axios

Walmart CEO Doug McMillon retiring, succeeded by John Furner

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

The Independent UK

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

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.

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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.

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.

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