Business

Report: J.C. Penney Dumps Martha Stewart

View Comments
(Photo by Stephen Lovekin/Getty Images)

(Photo by Stephen Lovekin/Getty Images)

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up
Top Spots For Shopping In South Florida

NEW YORK (AP) — J.C. Penney Co. is reportedly dumping the Martha Stewart brand, after sales of the home maven’s goods didn’t live up to expectations.

The move reported by the New York Post follows a year and half three-way legal battle with rival Macy’s and Martha Stewart Living Omnimedia Inc. over a partnership with the home designer.

Emails seeking comment from Martha Stewart and Penney on the newspaper report were not immediately returned.

The Post cited unidentified sources as saying Mike Ullman, who returned as Penney’s CEO in April, made the decision. A judge is expected to rule on the case in the coming days.

Penney’s former CEO Ron Johnson, who was ousted in April, signed a merchandising deal with Martha Stewart in late 2011 and touted it as a key part of his plan to reinvent the chain.

(© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

View Comments
blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 1,540 other followers