Martha Stewart and Kmart to part ways
New York City Martha Stewart Living Omnimedia said on Friday it was unable to agree to terms with Kmart, a unit of Sears Holdings Corp., that would have allowed their partnership to continue. As a result, they will part ways when the current agreement ends in January.
Company founder Martha Stewart ignited controversy last month when she told CNBC in September that Kmart had let her line of products “deteriorate.”
“We wish our friends at Kmart and Sears Holding all the best,” Stewart said in a statement. “To the extent my recent comments were taken by anyone to be inconsistent with this sentiment, that was not my intent.”
The agreement with Kmart will end just as Martha Stewart begins a new partnership with The Home Depot. Martha Stewart announced last month that it would begin selling a branded line of home-improvement products at the chain in January.
Best Buy wants to see your ‘scariest’ technology
MINNEAPOLIS Best Buy has launched a new Web site, inviting customers to submit photos of their “scariest” old technology for the chance to win a number of prizes.
Through Oct. 26, visitors to the Web site www.ScaryTechnology.com are encouraged to enter photos of their “scary” technology, from a VCR thats eat tapes to a screeching dial-up modem, along with a caption to bring the photo to life.
One grand prize winner will receive a home theater makeover from Insignia and Rocketfish, with complete Geek Squad installation (a total value up to $3,500). In addition one first runner up will receive a $1,500 Best Buy gift card, and one second runner up will receive a $1,000 Best Buy gift card.
Destination Maternity re-launches Two Hearts line at Sears, Kmart
PHILADELPHIA Destination Maternity annonced that it is re-launching its Two Hearts Maternity by Destination Maternity collection exclusively at Sears and Kmart stores. The rollout of the Two Hearts collection began in early October and will reach approximately 523 Sears locations and approximately 100 Kmart locations by the end of the month.
The Two Hearts Maternity collection features dresses, swimwear, lingerie and sleepwear. Most items are priced under $25, according to the company.
The Two Hearts Maternity collection was previously offered in Sears stores from April 2004 through June 2008. The re-birth of the line, renamed to include the Destination Maternity byline, represents an opportunity to offer great fashion and value to Sears and Kmart Moms-to-be.