Latest News Updates From Jaewon Kang

BusinessPrivate

Walmart CEO Doug McMillon to Retire in 2026

Walmart CEO Doug McMillon, who over a decade ushered the big-box behemoth into the internet age, will retire in February. He鈥檒l be replaced by U.S. head John Furner.

November 14, 2025
GovernmentBusinessPrivateTop 100

Walmart Halts Job Offers to Candidates Needing H-1B Visas

Walmart has paused offers to candidates requiring H-1B visas, sources said, the latest example of how the Trump administration鈥檚 $100,000 visa fees are disrupting workforces.

October 21, 2025
BusinessPrivate

Walmart Lures Cautious Holiday Shoppers With Cheap Turkeys

Walmart has been keeping food prices competitive in a bid to pick up market share. Its grocery business聽is less exposed to import duties than consumer products like car seats and apparel.

October 21, 2025
BusinessTechnologyLogisticsPrivateTop 100

Walmart Partners With OpenAI to Power ChatGPT Shopping

Users will be able to shop Walmart鈥檚 assortment directly on ChatGPT by clicking a 鈥渂uy鈥 button, said Daniel Danker, Walmart鈥檚 executive vice president of AI, product and design.

October 14, 2025
BusinessPrivateTop 100

Costco Earnings Beat Estimates on Dependable Consumer Demand

Costco Wholesale Corp. reported quarterly profit that was better than expectations, a sign that spending remains healthy as shoppers prioritize essentials and seek value.

September 25, 2025
BusinessLogisticsPrivateGlobal Freight

Walmart Adds 91视频 Delivery for Ozempic, Insulin

Shoppers can receive refrigerated prescriptions along with groceries and other products in a single online order, which can be delivered in as fast as 30 minutes.

September 22, 2025
BusinessLogisticsPrivate

Kroger Raises Outlook on Healthy Grocery Demand

Food retailers have posted steady sales in recent years, benefiting from shoppers prioritizing necessities even as they cut spending elsewhere.

September 11, 2025
BusinessLogistics

Kroger Cuts 1,000 Corporate Jobs After Merger Collapse

The company is making structural changes to its teams across the U.S., interim CEO Ron Sargent said in a memo to staff on Aug. 26.

August 26, 2025
BusinessLogisticsPrivateGlobal Freight

Walmart Adds Next-Day Shipping in Key Cities

Walmart's fulfillment service, which stores and ships products for third-party marketplace sellers, will provide next-day delivery in New York, Los Angeles, Chicago, Houston and Atlanta.

August 26, 2025
BusinessLogisticsPrivateTop 100

Walmart Hires Instacart Executive to Lead AI Push

Walmart is hiring an executive from Instacart to accelerate its use of artificial intelligence as one of the world鈥檚 largest retailers looks to bolster its competitive edge.

July 23, 2025