Watch CBS News

New Walmart CEO on keeping company competitive

Name: New Walmart CEO on keeping company competitive
Uploaded: 2014-12-10T08:12:00-0500
Duration: 5 min 52 s
Description: Walmart is the world's biggest retailer, topping the Fortune 500 list two years in a row. This holiday season, the company is trying to prove it can stay number one. Walmart has faced flat sales in America and a declining number of shoppers, so the retailer is looking to new CEO Doug McMillon to turn things around. Charlie Rose reports.

Walmart is the world's biggest retailer, topping the Fortune 500 list two years in a row. This holiday season, the company is trying to prove it can stay number one. Walmart has faced flat sales in America and a declining number of shoppers, so the retailer is looking to new CEO Doug McMillon to turn things around. Charlie Rose reports.