Doug McMillon has been running Walmart since 2014. He’s credited with pushing the company into the digital age and successfully steering it through the COVID-19 pandemic. Now, he’s turning his attention to the company's next chapter and new challenges ahead.

On today’s Big Take podcast, Bloomberg reporters Jaewon Kang and Devin Leonard travel to Bentonville, Arkansas, to interview McMillon about navigating a second Trump presidency, appealing to higher-end shoppers and the company’s ambition to go after Amazon’s e-commerce crown.

Read more: 
Walmart Wants to Be Something for Everyone in a Divided America
Inside Walmart’s Corporate Culture Clash Over E-Commerce
How Walmart Keeps an Eye on Its Massive Workforce

Doug McMillon has been running Walmart since 2014. He&rsquo;s credited with pushing the company into the digital age and successfully steering it through the COVID-19 pandemic. Now, he&rsquo;s turning his attention to the company's next chapter and new challenges ahead.
On today&rsquo;s Big Take podcast, Bloomberg reporters Jaewon Kang and Devin Leonard travel to Bentonville, Arkansas, to interview McMillon about navigating a second Trump presidency, appealing to higher-end shoppers and the company&rsquo;s ambition to go after Amazon&rsquo;s e-commerce crown.
Read more:&nbsp;
<ul>
<li><a href="https://www.bloomberg.com/news/features/2025-02-23/walmart-aims-to-rival-amazon-with-birkin-dupes-gucci-bags-in-rebrand?srnd=undefined">Walmart Wants to Be Something for Everyone in a Divided America</a></li>
<li><a href="https://www.bloomberg.com/news/articles/2019-11-12/walmart-s-physical-and-digital-businesses-are-in-a-culture-clash">Inside Walmart&rsquo;s Corporate Culture Clash Over E-Commerce</a></li>
<li><a href="https://www.bloomberg.com/features/2015-walmart-union-surveillance/">How Walmart Keeps an Eye on Its Massive Workforce</a></li>
</ul>

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Big Take

Inside Walmart’s Next Chapter With CEO Doug McMillon

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/cf482c3e-2520-441f-812b-b28e01599eba/transcript

With Fed Chairman Kevin Warsh set to deliver the biggest speech of his tenure on Friday, anticipation is spreading well beyond bankers and traders. Bond yields are rising, as global economies send up inflationary signals. US Treasury Secretary Scott Bessent’s efforts to tamp down rates by buying bonds may complicate the Fed’s approach. And the keynote speaker himself has suggested that he’s not comfortable sending messages about Fed intentions. So what can he say?

On today’s Big Take podcast, Odd Lots co-host Joe Weisenthal joins Sarah Holder to tee up Warsh’s speech at the Kansas City Fed’s symposium in Jackson Hole, Wyoming, and the challenges facing Warsh and other global central bankers.

We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer.

Hosted by Sarah Holder; Produced by Julia Press; Guest: Joe Weisenthal; Edited by Jeffrey Grocott. 

Engineering by Emma Munger.

Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

With Fed Chairman Kevin Warsh set to deliver the biggest speech of his tenure on Friday, anticipation is spreading well beyond bankers and traders. Bond yields are rising, as global economies send up inflationary signals. US Treasury Secretary Scott Bessent&rsquo;s efforts to tamp down rates by buying bonds may complicate the Fed&rsquo;s approach. And the keynote speaker himself has suggested that he&rsquo;s not comfortable sending messages about Fed intentions. So what can he say?
On today&rsquo;s Big Take podcast, Odd Lots co-host Joe Weisenthal joins Sarah Holder to tee up Warsh&rsquo;s speech at the Kansas City Fed&rsquo;s symposium in Jackson Hole, Wyoming, and the challenges facing Warsh and other global central bankers.
We have a special Bloomberg subscription offer for podcast listeners at <a href="https://www.bloomberg.com/subscriptions/podcasts">Bloomberg.com/podcastoffer.</a>
Hosted by Sarah Holder; Produced by Julia Press; Guest: Joe Weisenthal; Edited by Jeffrey Grocott.&nbsp;
Engineering by Emma Munger.
Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

US Fed Chair Warsh Takes the Mic

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/57d6459d-fbca-4d44-a89b-b4b3012b3273/transcript

Microdramas — mini soap operas designed to be watched on your phone — have become one of the fastest-growing forms of entertainment in the world.

On today’s Big Take Asia podcast, host K. Oanh Ha speaks with Bloomberg’s Yang Yang and Bloomberg Businessweek’s Christopher Beam about how millions got hooked on the medium, the challenges studios face as they try to reach new audiences and how AI could transform it all.

Read more: China Has the World Hooked on Two-Minute Microdramas
China Brought 90-Second Microdramas to the US. Now Hollywood Wants In

We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer.

Hosted by K. Oanh Ha; Produced by Naomi Ng and Victor Swezey; Reported by Yang Yang and Christopher Beam; Edited by Paddy Hirsch and Crispina Robert.

Fact-checking by Victor Swezey; Engineering by Alex Sugiura and Sean Carter.

Senior Producer: Naomi Shavin. Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

Microdramas &mdash; mini soap operas designed to be watched on your phone &mdash; have become one of the fastest-growing forms of entertainment in the world.
On today&rsquo;s Big Take Asia podcast, host K. Oanh Ha speaks with Bloomberg&rsquo;s Yang Yang and Bloomberg Businessweek&rsquo;s Christopher Beam about how millions got hooked on the medium, the challenges studios face as they try to reach new audiences and how AI could transform it all.
Read more:&nbsp;<a href="https://www.bloomberg.com/news/articles/2026-07-31/chinese-microdramas-go-global-as-ai-slashes-production-costs?srnd=phx-weekend_2">China Has the World Hooked on Two-Minute Microdramas </a><a href="https://www.bloomberg.com/news/features/2026-08-12/microdramas-take-hold-on-us-smartphones-after-rise-in-china">China Brought 90-Second Microdramas to the US. Now Hollywood Wants In</a>
We have a special Bloomberg subscription offer for podcast listeners at<a href="https://www.bloomberg.com/subscriptions/podcasts"> Bloomberg.com/podcastoffer.</a>
Hosted by K. Oanh Ha; Produced by Naomi Ng and Victor Swezey; Reported by Yang Yang and Christopher Beam; Edited by Paddy Hirsch and Crispina Robert.
Fact-checking by Victor Swezey; Engineering by Alex Sugiura and Sean Carter.
Senior Producer: Naomi Shavin. Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

How Two-Minute Microdramas Became a Billion-Dollar Industry

After amassing US land for more than a century, the Church of Jesus Christ of Latter-day Saints has recently started turning unused tracts into big suburban housing developments.

On today’s Big Take podcast, commercial real estate reporter Natalie Wong and data journalist Ann Choi tell host Sarah Holder about the development plans of the church’s real estate arm, Property Reserve. They also introduce their exclusive tally of the church’s holdings — at least 2.4 million acres across the US, according to a Bloomberg News review of property records compiled by real estate data provider Reonomy.

Read more: The Mormon Church Is Quietly Expanding Its Real Estate Empire Across the US

We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer.

Hosted by Sarah Holder; Produced by Julia Press; Reported by Natalie Wong and Ann Choi; Edited by Jeffrey Grocott.

Fact-checking by Laura Newcombe; Engineering by Emma Munger.

Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

After amassing US land for more than a century, the Church of Jesus Christ of Latter-day Saints has recently started turning unused tracts into big suburban housing developments.
On today&rsquo;s Big Take podcast, commercial real estate reporter Natalie Wong and data journalist Ann Choi tell host Sarah Holder about the development plans of the church&rsquo;s real estate arm, Property Reserve. They also introduce their exclusive tally of the church&rsquo;s holdings &mdash; at least 2.4 million acres across the US, according to a Bloomberg News review of property records compiled by real estate data provider Reonomy.
Read more: <a href="https://www.bloomberg.com/news/features/2026-08-25/florida-colorado-developments-are-part-of-mormon-church-s-real-estate-arm?srnd=undefined">The Mormon Church Is Quietly Expanding Its Real Estate Empire Across the US</a>
We have a special Bloomberg subscription offer for podcast listeners at&nbsp;<a href="https://www.bloomberg.com/subscriptions/podcasts">Bloomberg.com/podcastoffer.</a>
Hosted by Sarah Holder; Produced by Julia Press; Reported by Natalie Wong and Ann Choi; Edited by Jeffrey Grocott.
Fact-checking by Laura Newcombe; Engineering by Emma Munger.
Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

The Mormon Church’s Real Estate Empire

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/acc5756c-540b-4b3e-bca8-b4b10130e111/transcript

Inside Walmart’s Next Chapter With CEO Doug McMillon

In 1 playlist(s)

Big Take

Social links

Follow podcast

Recent clips