J.C. Penney Needs Complete Reinvention: Blair

J.C. Penney Needs Complete Reinvention: Blair Play

Aug. 13 (Bloomberg) -- Brian Blair, principal and senior tech analyst at Wedge Partners and Barry Ritholtz, CEO at Fusioniq discuss Bill Ackman's resignation from J.C. Penney's board, the impact of burning cash and the prospect of the company reinventing itself. They speak on Bloomberg Television's "Bloomberg Surveillance."

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