Kathryn McLay

Sales have been on fire at Walmart’s warehouse club division since McLay took over just before the pandemic: In August, the $73.6 billion Goliath reported its 10th consecutive quarter of double-digit comp growth—a critical industry metric. The Aussie is trying to change customers’ impression of Sam’s Club, too, giving stores a refresh and running its first Super Bowl ad. But excess inventory has forced McLay to increase markdowns, cutting into profits.