The Journal. · The Wall Street Journal & Spotify Studios
Walmart’s Former CEO on the Company’s Turnaround
February 10, 2026·24 min·2 clips
Doug McMillan admits Warren Buffett's stock sale hurt his feelings, but he stayed focused on Walmart's turnaround plan.
As heard by us
A concise retail turnaround story that treats Walmart's gains as meaningful while keeping its Amazon problem firmly in view.
Doug McMillon's exit turns Walmart's past decade into a clear retail turnaround story: a battered reputation, rising Amazon pressure, and rivals such as Costco and discount grocers gave way to stronger online sales, helped by grocery pickup and delivery at Walmart store prices.
Why you'd press play
Doug McMillon exits Walmart after 12 years as CEO: the reputation repair, the online grocery wins, and the Amazon problem still waiting.
Listen to the show on