Walmart announced Friday that 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.

Walmart’s run as America’s largest retailer appeared to be in jeopardy when Doug McMillon became Walmart’s chief executive 11 years ago.

The world’s biggest retailer said in a regulatory filing on Friday that John Furner would take the reins on February 1, bringing an end to McMillon’s 11-year run as chief, during which time the compan...

Starting in February, Walmart Inc. will have a new chief executive, John Furner — a three-decade-plus veteran at the big-box giant who analysts say is likely to keep what worked for the company over t...

The latest Walmart deal discounts the price of an annual Walmart+ membership to just $49 — a 50% savings.