Walmart boss retiring after more than a decade

Doug McMillon's retirement marks a significant transition for Walmart, which he has led into the digital age over the past decade. His successor, John Furner, is well-prepared to take the helm, having spent considerable time managing Walmart's U.S. business. As highlighted by Bloomberg, this leadership change comes at a crucial time as Walmart aims to adapt to the evolving retail landscape, particularly with advancements in AI technology. This shift underscores the importance of strategic leadership in maintaining Walmart's position as a retail giant.