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.

Albertsons just added a new perk to its loyalty program in an effort to maintain its customer base and boost sales. Members of Albertsons’s free for U loyalty program can now get a three-month extended free trial of Uber One. Paid FreshPass annual members, meanwhile, are eligible for six months of Uber One for free.

Walmart said Doug McMillon will be replaced on Feb. 1, 2026, by John Furner, head of Walmart's U.S. operations.

John Furner, 51, the head of Walmart's U.S. operations, will take over on Feb. 1, the day after McMillon's retirement becomes effective, the company said. Although McMillon is set to spend a year advising his successor, Walmart shares fell 3% immediately in premarket trading after the news of the unexpected leadership change.

Walmart’s two-day early Black Friday sale is here, including discounts on Dyson, kitchen appliances, toys, and more.

Keeping track of every sale is a chore — so we did it for you. Check out 15 sales you may have missed this week, including deals on UGG boots, Bluetti power stations and Dyson vacuums.

John Furner started working for Walmart in 1993. His career with the company has spanned the globe, positioning him to take the top job next year.

Whether you want a high-powered gaming machine, an ultraportable PC, or just a cheap computer, Walmart has them on sale.

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 51-year-old, a lifer at the retailer, grew up in Arkansas and interned at Sam’s Club Mexico.

Walmart CEO Doug McMillon will retire in January 2026, the retail giant announced on Nov. 14. John Furner, the current president and CEO of Walmart's U.S. division, will succeed McMillon.