4 Ways Walmart’s Incoming CEO Has Already Set Up the Retailer For Success

Walmart’s new CEO is a longtime veteran of the retailer.John Furner, who oversaw the large’s U.S. enterprise since 2019, will change into President and CEO of Walmart beginning Feb. 1, turning into the corporate’s fifth CEO for the reason that days of founder Sam Walton. Furner succeeds Doug McMillon, who’s retiring and has led Walmart since 2014.Underneath McMillon’s management, Walmart’s U.S. enterprise has flourished, because it moved aggressively into ecommerce, retail media, and know-how, transferring away from merely being a reduction big-box retailer. The evolution helped Walmart scoop up market share and change into a extra viable competitor to ecommerce large Amazon.