Walmart, Doug McMillon
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Doug McMillon, who will exit in January, has steered the retail giant to new heights through a pandemic, high inflation and political upheaval.
Walmart CEO Doug McMillon, who has spent more than a decade reshaping the country’s largest retailer into a technology-driven powerhouse,
Incoming Walmart chief executive John Furner started at the mega retailer as an hourly employee stocking shelves. Now, the largest U.S. company by revenue is counting on him to guide it through its next chapter.
Trump, who campaigned on a promise to tackle inflation, has pushed back — sometimes misleadingly — against discussions of grocery prices increasing on his watch. His Walmart example misleads by pointing to one corporate offering as evidence of grocery prices falling overall.
President Donald Trump — now famously — celebrated a victory against grocery prices last week by declaring that the cost of Walmart’s basket of Thanksgiving dinner items was 25% cheaper than last year with Joe Biden as president.