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Johnson Says Wal-Mart Losing Sales to Online Retailers: Video

May 17 (Bloomberg) -- Craig Johnson, president of Customer Growth Partners LLC, discusses Wal-Mart Stores Inc.'s first-quarter profit and competition in the U.S. The world's largest retailer posted a 3.8 percent gain in first-quarter profit, beating analysts’ estimates as growth abroad helped make up for U.S. sales declines. Johnson speaks on Bloomberg Television's "InBusiness with Margaret Brennan." (Source: Bloomberg)

Craig Johnson, president of Customer Growth Partners LLC, discusses Wal-Mart Stores Inc.'s first-quarter profit and competition in the U.S.

The world's largest retailer posted a 3.8 percent gain in first-quarter profit, beating analysts’ estimates as growth abroad helped make up for U.S. sales declines. Johnson speaks on Bloomberg Television's "InBusiness with Margaret Brennan." (Source: Bloomberg)

Running time 03:26

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