Walmart Doug McMillon and John Furner, president and CEO of Walmart U.S. are shown in this split photo. The Bentonville-based retailer announced Friday that Furner will replace McMillon when he steps down in January. (Arkansas Democrat-Gazette)

Doug McMillon started with Walmart as a teenager unloading trucks at Walmart's distribution center before becoming its CEO. He recently announced his retirement.

NEW YORK (AP) — Walmart CEO Doug McMillon, who turned America's largest retailer into a tech-powered giant and spearheaded a period of robust sales growth since becoming chief executive in 2014, plans to retire early next year, the company said Friday in a surprise announcement.

"Walmart is a massive really dependent on Snap subsidies," Professor Tomas Jandik with the University of Arkansas said.

An anonymous writer from Arkansas told "The Ramsey Show" they earn $20 an hour working overnight at Walmart and struggle to manage money, and personal finance expert Dave Ramsey said he could relate.

Country singer-songwriter and instrumentalist Parker McCollum will be coming to the Walmart Arkansas Music Pavilion as part of its 2026 Synchrony Concert Series. The

Walmart Inc.'s Thanksgiving meal basket this year costs about $4 per person -- the lowest price since the company started the annual tradition in 2022. But what Walmart is calling its "most affordable holiday meal yet" contains fewer items than in previous years,

Walmart CEO Doug McMillon, who turned America's largest retailer into a tech-powered giant and spearheaded a period of robust sales growth since becoming chief executive in 2014, plans to retire early next year,