Walmart announced Friday that its longtime CEO Doug McMillon will retire at the end of January — which came as a surprise to some given the company's success in a rapidly evolving retail landscape. John Furner, Walmart’s U.S. CEO, will assume the role of overall CEO on Feb. 1, the company said. McMillon will continue to serve in an executive and advisory role through Jan. 2027. Furner, 51, began his career at Walmart as an hourly associate. McMillon, 59, has held the top job since 2014 and is