John Sculley, former Apple CEO, discusses the next step for former J.C. Penney CEO Ron Johnson and how Samsung can use his retail expertise. He speaks on Bloomberg Television's "Bloomberg Surveillance."
Johnson was recently fired from his position as CEO of J.C. Penney after failing to turn around the retailer. There has been much speculation as to whether he would return to Apple; however, Sculley suggests Samsung might be a good fit. The company has just announced that it will expand its retail presence by opening shops in more than 1,400 Best Buy and Best Buy Mobile stores.
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