Walmart(US:WMT) Sou Hu Cai Jing·2026-02-09 03:50Core Insights - Walmart has appointed John Furner as the new CEO, succeeding Doug McMillon, marking a significant leadership transition within the company [2][8] - Both Furner and McMillon began their careers as hourly workers at Walmart, reflecting the company's culture of promoting from within [2][10] - Under McMillon's leadership, Walmart transformed from a traditional retailer to a technology-driven growth company, achieving significant revenue growth and market expansion [10][12] Group 1: John Furner's Background and Vision - John Furner has deep ties to Walmart, having started as an hourly worker in 1993 and gradually rising through various positions, including CEO of Sam's Club and Walmart U.S. [5][6] - His leadership style emphasizes listening to frontline employees and addressing operational challenges, which has earned him widespread recognition [5][6] - As CEO, Furner plans to invest $8 billion over three years to upgrade the supply chain, aiming for a 95% accuracy in automated replenishment and increasing international revenue to 28% [7][12] Group 2: Doug McMillon's Achievements - Doug McMillon led Walmart through a transformative period, focusing on employee investment and digital transformation, which significantly improved employee satisfaction and customer experience [10][12] - Under his tenure, Walmart's total revenue exceeded $681 billion, a 43% increase since 2014, and the company saw a 312% rise in stock price [12] - McMillon expanded Walmart's international presence and initiated a digital strategy that integrated online and offline sales, resulting in the first profitable year for online business in 2025 [11][12] Group 3: Walmart's Market Position and Future - Walmart's market capitalization surpassed $1 trillion, driven by e-commerce growth, advertising revenue, and investments in AI technology [15][17] - The company transitioned its stock listing from the NYSE to NASDAQ to align with its technology-driven growth strategy [15] - AI is positioned as a core engine for Walmart's long-term development, with significant investments in supply chain automation and customer service enhancements [15][16]