Consumer Nation

Publishing timestamp: 2013-03-06 18:20:42

Summary

Former chairman of Martha Stewart Living Omnimedia believes Martha Stewart will win no matter the outcome of the courtroom battle between Macy's and J.C. Penney. He thinks it is important for Stewart's company to get back to business and expand the brand. The initial deal between Macy's and Martha Stewart's company was brokered during his tenure. He believes it is a good thing for the brand to have products in multiple retailers.

Sentiment: NEUTRAL

Tickers: CPPRQ, WMT, .AD.IXIC, HD, M, A,

Keywords: martha stewart living omnimedia inc, macy's inc, old copper company inc, lawsuits, business news, petsmart inc, walmart inc, home depot inc, staples inc, retail industry,

Source: https://www.cnbc.com/2013/03/06/martha-is-going-to-win-former-mso-chairman.html