ISI's Gregory Melich on U.S. Retailing

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June 14 (Bloomberg) -- Gregory Melich, an analyst at International Strategy and Investment, talks about the outlook for the growth of Internet retailing compared with traditional retailing, and J.C. Penney Co.'s announcement that Apple Inc.’s Ron Johnson will take over as chief executive officer this year, replacing Myron Ullman. Melich, speaking with Tom Keene on Bloomberg Television's "Surveillance Midday," also discusses Best Buy Co., Talbots Inc. and U.S. department stores. (Source: Bloomberg)

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