Tag Archives: Martha Stewart

MSLO Q4 Net Balloons; Company Slashes Loss for Fiscal Year

MSLO

NEW YORK-Martha Stewart Living Omnimedia (MSLO) reported a 528.5 percent jump in fourth-quarter net income to $7 million, reducing its net loss for the fiscal year to $1.8 million from $56.1 million in the previous fiscal year. Dan Dienst, MSLO’s CEO, attributed the quarterly bottom-line success to “some aggressive and important steps … to alignMore »

Macy’s, Martha Stewart Settle Legal Dispute

Martha Stewart

NEW YORK-Macy’s Inc. and Martha Stewart Living Omnimedia (MSLO) have reached a settlement of their legal dispute regarding the sale of Martha Stewart-branded home merchandise at J.C. Penney. In brief and almost identically worded statements, the two companies said the terms of the settlement are confidential, will not be disclosed and “are not deemed material”More »

Resolutions for 2014

Duke_Ratliff

By Duke Ratliff With holiday shopping (and selling) in the rearview mirror, home furnishings executives can now focus on the year ahead. Here are a few resolutions for the new year that notable individuals and institutions can make to make it a successful 2014. Walmart’s new leaders Doug McMillon and David Cheesewright should resolve toMore »

J.C. Penney, MSLO Revise Agreement; Macy’s to Await Court’s Ruling

Martha Stewart

NEW YORK—J.C. Penney and Martha Stewart Living Omnimedia (MSLO) announced that they have cut a new agreement to reduce the number of product categories in J.C. Penney’s MarthaHome collection. Meanwhile, Macy’s said it will wait for rulings on its lawsuits against MSLO and J.C. Penney from New York State Supreme Court Judge Jeffrey Oing. Macy’sMore »

Report: JCP to End Martha Stewart Deal

J.C. Penney

NEW YORK-J.C. Penney will take its Martha Stewart merchandise off its shelves, according to a report from the New York Post, in an apparent end to the highly controversial deal between the retailer and Martha Stewart Living Omnimedia (MSLO). The report, which has been picked up by numerous news outlets, said Myron Ullman, J.C. Penney’sMore »

MSLO Narrows Loss in Q2

MSLO

NEW YORK-Increased merchandising revenues and slimmed-down expenses helped reduce the second-quarter net loss for Martha Stewart Living Omnimedia (MSLO) from $2.7 million last year to $1.2 million this year. MSLO’s merchandising revenues registered an 11.2 percent gain in the quarter, which ended on June 30. Much of this, according to an MSLO statement, was dueMore »