Doug McMillon, 59, who’s been Walmart’s CEO since 2014, will retire in January, the company announced Friday. The surprising move sent the retail giant’s shares down 3 percent. John Furner, 51, a veteran at the company and head of U.S. operations, will take over in February, the company said. McMillon will retire Jan. 31, with Furner starting as CEO the next day. During McMillon’s time at the company, which is worth more than $800 billion as of Nov. 14, he raised wages, expanded parental leave, and launched a program for employees to earn certificates or college degrees. “Over more than a decade as CEO, Doug led a comprehensive transformation by investing in our associates, advancing our digital and e-commerce capabilities, and modernizing our supply chain, resulting in sustained, robust f

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