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John Furner

A Walmart location with shoppers in front
Retail

Walmart Delivers Another Quarter of Impressive Sales but Offers a Muted Outlook

The outlook from the Bentonville company hinted at a volatile economic environment ahead. read more >
A photo looking up at the "Walmart" sign outside of a Walmart.
Manufacturing / Public Companies / Retail

13 Figures (Hunter Field Editor’s Note)

Walmart just entered the trillion dollar club, an achievement that has a decade of strategy behind it. read more >
Latriece Watkins, African American woman in a gray suit in front of a blurred office background.
Retail

Latriece Watkins Promoted to CEO of Sam’s Club U.S. (Super Mover)

The former Walmart executive is firm on her belief that "people are our greatest competitive advantage." read more >
Agriculture & Poultry / Banking & Finance / Construction

The Great Reset: Arkansas’ Leadership Shakeups and the Stories That Defined 2025Lock Icon

Has any recent year reshaped Arkansas’ business and policy landscape this dramatically? read more >
Industry / Public Companies / Real Estate

Walmart’s Real Estate Strategy: Owning and Redeveloping Shopping CentersLock Icon

The Bentonville-based company has spent $118 million this year to buy three shopping centers, joining a trend of retailers becoming landlords rather than just tenants. read more >
Public Companies / Retail / Technology

Walmart President, CEO Doug McMillon to Retire; John Furner Named Successor

After more than a decade leading the retail giant, McMillon will retire as president and CEO in January, with Walmart U.S. President and CEO John Furner as his successor. read more >
Banking & Finance / Business Services / Energy

Walmart CEO Tops List of Highest-Paid Executives

Walmart leads Arkansas’ public company rankings in revenue, profit, and executive pay, with CEO Doug McMillon earning $27.4M. read more >
Doug McMillon, President and CEO of Wal-Mart Stores Inc.
Public Companies / Retail

Walmart CEO Doug McMillon’s Total Compensation Rises to $27M

McMillon received a $4.3 million bonus, but most of his compensation came in stock awards. read more >
Doug McMillon, Walmart president and CEO, received $23.6 million in total compensation last year.
Public Companies / Retail

Walmart CEO Doug McMillon’s Total Compensation Rises; Rob Walton to Retire From Board

McMillon received a $4.5 million bonus in 2023, but most of his compensation came in the form of stock awards. read more >
Public Companies / Retail

Walmart Puts $9B Toward 2-Year Store Remodeling Effort

Walmart Inc. is rolling out a half-billion dollars worth of upgrades to many of its discount stores this week, part of a two-year, $9 billion program to improve its Supercenters and Neighborhood Markets. read more >
Doug McMillon, president and CEO of  Wal-Mart Stores Inc., has aggressively pushed the discount retailer into a new era emphasizing online shopping. Many of Wal-Mart’s moves in 2017 took direct aim at its chief competitor, Amazon.
Public Companies / Retail

Walmart CEO’s Total Compensation Dips to $25.3M

The annual total compensation of Walmart's median employee was $27,136, an increase of 7.1% from the previous year. read more >
James Corden hosted the 2022 Walmart Associates Celebration last week at Bud Walton Arena in Fayetteville.
Investments / Public Companies / Retail

Party Down (Lance Turner Editor’s Note)

Walmart's annual meeting brings thousands to northwest Arkansas ready celebrate. But this year's gathering finds the retailer once again grappling with big issues. read more >
Doug McMillon, Walmart president and CEO, received $23.6 million in total compensation last year.
Public Companies / Retail

Walmart CEO’s Total Compensation Climbs to $25.7 Million

Stock awards contributed to a 14% increase in compensation for Doug McMillon. read more >
A shopper walks down an aisle at a Home Depot in Oregon in 2018. 
Business Services / Construction / Public Companies

Home Depot Partners With Walmart for Local Deliveries

Same-day and next-day deliveries will begin in select markets in the coming weeks. It will expand to multiple markets across the nation by the end of the year. read more >
Walmart Inc. has launched GoLocal, a delivery service that puts the retail giant in competition with companies like Uber and DoorDash.
Business Services / Public Companies / Retail

Update: Walmart to Launch Delivery Service for Other Businesses

Walmart says it will start commercializing its delivery service, using contract workers, autonomous vehicles and even drones to deliver other retailers' products directly to customer homes. read more >
“I think the upfront cost is significant. Eventually, it’s going to pay for itself a few years down the road.” – John Cui, associate professor of operations and information management, McDonough School of Business at Georgetown University
Business Services / Public Companies / Retail

Walmart Launches Logistical RevolutionLock Icon

If robots can beat grandmasters at chess, surely they can help Walmart with a game of logistical Tetris. read more >
Walmart of Bentonville has been steadily expanding its financial services offerings to customers, but it says it has no designs on becoming a bank.
Banking & Finance / Business Services / Government & Politics

Walmart Offering Financial Tools, Fintech PlansLock Icon

Walmart insists it doesn’t want to be a bank, but it’s surely acting like one. read more >
Walmart says it is testing package delivery via drones in Fayetteville, North Carolina, through a deal with drone company Flytrex.
Investments / Public Companies / Retail

Walmart Invests in Drone Company

Walmart Inc. announced Thursday that it has invested in DroneUp, a nationwide drone services provider it partnered with last year, but did not disclose the investment amount. read more >
Government & Politics / Health Care / Public Companies

Walmart Sales Soared, Essential Workers Got Scant Protection

Walmart Inc. of Bentonville, the nation’s largest private employer, provides a window into the Occupational Safety and Health Administration's performance during the pandemic. read more >
John Furner
Manufacturing / Public Companies / Retail

Walmart Invests in GM’s Cruise Autonomous Vehicle Subsidiary

Walmart and some institutional investors have joined the latest investment in Cruise, bumping the capital influx into the General Motors autonomous vehicle subsidiary from over $2 billion to $2.75 billion. read more >