Walmart parts ways with C.E.O. after 9-month revenue up by 4.4%

Featured image of the article Walmart parts ways with C.E.O. after 9-month revenue up by 4.4%
Enjoy this article for free while you’re in your trial period
You have access to our content for 15 days

On November 14, the world’s largest retailer, Walmart (revenue 2024: US$681 billion, up by 5.6% at constant rates), announced the departure  of C.E.O., Doug McMillon. In office since 2014, he will be succeeded by John Furner on 31 January 2026. John Furner (51 years-old) led US operations since 2029, a market representing 68% of activity in 2024. “He has no equal in leading the company’s AI transformation. He is a merchant, an operator, an innovator, a builder”, said Doug McMillon. Walmart anno

Do you have information to share with us?
Our other services
Research
Conducting customized studies: benchmarks, overviews, personalized newsletters, white label content.
See more
Training courses
Our training courses & masterclasses: short formats for management, executive coaching, and skills development for junior profiles.
See more
Events
Our networking activities: half-day conferences dedicated to industry issues and open to the entire ecosystem.
See more
What you absolutely must read this week
The essential content of the week selected by the editorial team.
See all
Online Advertising: Leroy Merlin and Auchan at the heart of a political controversy
Since November 17, Leroy Merlin has faced controversy after a report from Sleeping Giants, an activist group against online hate speech. The organisation alerted the Adeo group retailer (GMV 2024...
21 November 2025
Adobe bets on GEO with the US$1.9 billion acquisition of Semrush
On November 19 the technology leader Adobe (2024 revenue: US$21.5 billion, up by 11% at constant rates) announced the acquisition of SaaS platform Semrush (2024 revenue: US$376.8 million, up by...
21 November 2025
Small parcels tax: France, Italy, Romania and Benelux respond to low-cost marketplaces
Shein, Temu, AliExpress… Facing marketplaces flooding Europe with non-compliant goods, the French National Assembly voted for a €2 tax on parcels under €150 from January 2026. This level is half...
21 November 2025
Walmart parts ways with C.E.O. after 9-month revenue up by 4.4%
On November 14, the world’s largest retailer, Walmart (revenue 2024: US$681 billion, up by 5.6% at constant rates), announced the departure  of C.E.O., Doug McMillon. In office since...
21 November 2025
Most viewed articles of the month on mind Retail
What readers clicked on the most last month.
What readers clicked on the most last month.
1
Will France and Europe manage to suspend Shein, as they did with Wish?
Accused of selling illegal products, Shein faces a French government crackdown aiming to block the website of the world’s No.4 fashion retailer. This standoff raises questions about the EU’s...
7 November 2025
2
Bastien Borget (Eden Park): “In 2026, we will launch mobile checkout in-store with Adyen”
At Eden Park, payment has become a strategic lever serving unified commerce. Currently migrating the PoS to Shopify, the French retailer shared with mind Retail their insights on the adoption of...
5 November 2025
3
Faced with debt and declining sales, Fossil files for bankruptcy
Competition from Apple and Samsung in the smartwatch segment, collapsing sales, customs tariffs… Cornered with a debt of US$179 million, Fossil has filed several bankruptcy petitions in the U.S.A...
29 October 2025
4
JD.com, Amazon Haul, Kaufland, Rakuten: Europe becomes new battleground for global marketplaces
In the U.S.A. sales of ultra-low-price marketplaces sourcing goods from Asia are declining, as parcels worth less than US$800 are now subject to customs duties and a flat tax. As a result, players...
5
Lululemon, Ralph Lauren, Gap and Levi’s enter peak season with high stock levels
Faced with rising customs tariffs affecting US imports, several retailers have built up significant inventories. Over a year, the stocks of Gap, Levi’s, Lululemon, Ralph Lauren and Academy Sports...
27 October 2025
6
How RougeGorge brings weather data into CRM strategy
After 4 years of collaboration on personalised emails the lingerie retailer RougeGorge is accelerating with retail tech partner Reelevant, which is expanding within AFM thanks to recent contracts...
10 November 2025