Walmart to cut prices on some organic products

Aired: 4/12/2014 | 0:04:59 | Clip
Organic food sales totaled some $30 billion dollars in the U.S. last year. Earlier this week, the nation’s largest retailer, Walmart, announced that it would slash prices of some of its organic products by 25 percent. Hari Sreenivasan talks with Phil Wahba who covers the retail industry for Reuters about the effects this will have on consumers, retailers and food makers.