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retail industry

President and CEO of Walmart Doug McMillon takes part in a strategic and policy CEO discussion in Washington, U.S., April 11, 2017. REUTERS/Joshua Roberts
Nov 14, 2025

Walmart CEO Doug McMillon to Retire; John Furner to Lead

Walmart CEO Doug McMillon will retire in 2026 after a decade transforming the retailer; U.S. chief John Furner named as his successor.

Target is eliminating 1,800 corporate jobs as it looks to reclaim its lost luster
Oct 24, 2025

Target is eliminating 1,800 corporate jobs as it looks to reclaim its lost luster

Target will lay off 1,800 corporate employees, mostly in Minneapolis, as the retailer streamlines operations before a CEO transition.

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