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The Wall Street Journal

The Wall Street Journal

Investing and finance 6,710,000 subscribers

The Expensive Decision Walmart’s CEO Made That Changed Everything | WSJ

02.02.2026
Published: 02.02.2026 Category: Investing and finance

Episode details

Episode description

Walmart recently hit a market cap of $1 trillion, becoming the first traditional retailer to reach the milestone. Doug McMillon has been CEO of Walmart for 12 years and worked at the retail behemoth for over three decades. He led the company through a time of rapid growth and significant changes as it adapted to a digital world. He sat down with WSJ ahead of his last day to discuss his strategy at Walmart, why Warren Buffett hurt his feelings, how involved CEOs should be in politics and more. Chapters: 0:00 McMillon’s start at Walmart 1:05 Walmart changes since McMillon took over 1:52 Winning food e-commerce and acquisitions 2:29 On Warren Buffett selling his Walmart stock 3:23 Managing stress and your mental health 4:07 Setting the tone and taking risks 4:33 Roles CEO should play in politics 5:44 Biggest challenges in Walmart’s future 6:21 What’s next? #Walmart #Retail #WSJ

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