Martha Stewart Living Omnimedia's contract with Macy's to exclusively sell certain products has a loophole that will let the company sell in J.C. Penney Co stores, according to the home-goods company.
J.C. Penney Co Inc is changing everything from its pricing strategy and store layout to its exclusive merchandise lines as the department store chain seeks to jettison the wide margin-sapping discounts that failed to bring in customers.
J.C. Penney Company Inc. (NYSE:JCP), run by Apple Inc.'s former retail chief, is permanently marking down all of its merchandise by at least 40 percent so that shoppers no longer have to wait for a sale to get the best bargain.
The top aftermarket NYSE losers Friday were: Kansas City Southern, Hyperdynamics, Martha Stewart Living Omnimedia, Community Bank System, CSX Corp, EnCana Corp, Helmerich & Payne, Murphy Oil Corp, YPF SA and Bank Of Montreal.
Macy's Inc is suing Martha Stewart Living Omnimedia Inc, accusing the company of breach of contract for entering into an agreement to sell certain products to J.C. Penney Co Inc.
Macy's Inc is suing Martha Stewart Living Omnimedia Inc, accusing the company of breach of contract for entering into an agreement to sell certain products at stores run by its rival J.C. Penney Co Inc.
Occupy this: the trash bin. At least, so say students at Michigan's Lake Superior State University who released an annual list of words they deem so misused, overused and cliched they should be banished in the year ahead.
The Daily Show and Tonight Show alum Mo Rocca has moved up the CBS News chain, getting a promotion from contributor to correspondent on CBS Sunday Morning.
J.C. Penney Co. is buying a 16.6 percent stake in Martha Stewart Living Omnimedia Inc., a move by chief executive officer Ron Johnson that he hopes will build up the company's line of brands while also bringing up sluggish sales.
J.C. Penney Co Inc took a stake in Martha Stewart Living Omnimedia Inc and plans to open Martha Stewart shops within its stores, in the first big deal announced by its new chief executive as he tries to turn the department store chain around.
J.C. Penney Co Inc (JCP.N) bought a 16.6 percent stake in Martha Stewart Living Omnimedia Inc (MSO.N) and will build mini-stores under that brand in a deal new Chief Executive Officer Ron Johnson called a key centerpiece in the company's transformation.
J.C. Penney Co Inc bought a 16.6 percent stake in Martha Stewart Living Omnimedia Inc and will build mini-stores under that brand in a deal new Chief Executive Officer Ron Johnson called a key centerpiece in the company's transformation.
J.C. Penney Co Inc bought a 16.6 percent stake in Martha Stewart Living Omnimedia Inc and will build mini-stores under that brand in a deal new Chief Executive Officer Ron Johnson called a key centerpiece in the company's transformation.
Stocks fell on Wednesday with investors on edge ahead of a summit to hammer out a plan to combat the Eurozone debt crisis and finding few reasons to continue buying after two days of gains.
Stock index futures pointed to a higher open for equities on Wall Street on Wednesday, with futures for the S&P 500, the Dow Jones and Nasdaq 100 up 0.6-0.8 percent.
Susan Lyne, chairman of Gilt Groupe, Inc. and former president of ABC Entertainment, talked about learning from failure and adjusting to digital realities during TheWrap's third-annual Power Women breakfast Monday morning at the Hotel Bel-Air.
