Report: J.C. Penney to end Martha Ste...

Report: J.C. Penney to end Martha Stewart partnership

There are 9 comments on the Seeking Alpha story from Sep 5, 2013, titled Report: J.C. Penney to end Martha Stewart partnership. In it, Seeking Alpha reports that:

J.C. Penney will end its partnership with Martha Stewart Living Omnimedia to effectively end the drama of a courtroom battle involving the two companies and Macy's, according to The New York Post .

Join the discussion below, or Read more at Seeking Alpha.

Any update on this

Hampton, VA

#1 Sep 13, 2013
My guess that NY judge is going to run out the clock on this. You would think he would have gotten the message Ullman wants off the hook from that old bat Stewart. JCP needs to retool up that space. If he waits much longer JCP will have zero time to get anything in for the holiday season. I would think JCP would be hard pressed even now.
bob haller

Pittsburgh, PA

#2 Sep 13, 2013
The decision to drop martha as a supplier appears to have already been made. its very likely new merchandise has been ordered while the martha stuff is being sold but not replaced....

Ullman may have concluded they would lose the lawsuit.
Any update on this

Hampton, VA

#3 Sep 13, 2013
Just posted about an hour ago

This NY judge sounds like if he fell into a bowl of fruit loops he would be difficult to find in the bowl. Can't he make a decision? What is he doing reading about the case from outside sources aka outside court? Does he also watch NBC/CBS/ABC/CNN when they have something on that involved one of his cases?

Supplies lines can be slow to get flowing, I can tell you China can take 2 months in shipping. Stuff is shipped surface, customs can slow it and halt it for weeks, getting it into inventory aka warehouses, in place in the stores, it adds up. More like a heavy freight train, hard and slow to start and get to speed. I have no idea about Bangladesh, my guess same thing. I guess it depends on who or where goods are coming from.

Maybe Ullman planned on the MS dump from day one and got the ball rolling back in June, just wanted to try to unload her rebadged crap that Ronnie had prepurchased. If so, he may have a good jump. Ullman has been around and is no idiot, er genius, Ronnie redefined that word.. He may just now need floor space and wants MS gone.
It's a good thing.

Since: Feb 13

Logansport, IN

#4 Sep 13, 2013
I haven't read any updates but I didn't really follow the drama when it was news either.

Our store doesn't seem to be suffering from low inventory and our home department has never looked better. Our home leader has been going to other jcp stores to help them with things like organizing stock rooms, helping with displays, etc. From what I hear she is coming across at these stores is how in the world are they staying in business? There is a HUGE difference in how each store is run and now I can more easily see what other team members have complained about this past year. I can also see why I wasn't so negative about the changes last year despite the overwhelmingly opposite comments being written from around the country.

I am beginning to wonder why some stores such as ours is completing construction projects (customers are complaining about our still being under construction again), have ample inventory (some exceptions but I understand the reasons) and the overall mood is very positive about the direction the store is at now.

There just seems to be a big difference between stores, even within a district. I think it will be a plus to get rid of the pickles and party plates. However, with the changes our store is going through that will be completed next month, we will be quite an awesome store to shop in for the holiday season. It is sad that so many report from around the country that they are not so optimistic about their stores. Our store will not resemble anything it was just a few months ago. Getting MS's space for more affordable merchandise can be the icing on the cake.
bob haller

Pittsburgh, PA

#5 Sep 14, 2013
The stores that are lacking investment may well be marked for closure......

For instance if your planning on replacing a vehicle most people try to avoid all spending on it

Since: Feb 13

Logansport, IN

#6 Sep 14, 2013
Bob: that was my thinking also. The thing is is that many of these stores were not getting anything last year either so the company has had almost a year and a half to make a decision on something like closing stores.

I remember when they closed all those stores several years ago. There are still customers who have travel over an hour to get to our store because the store in their area closed in that group of closures. They still mention woefully that they miss having the store in their area. They never got over it. I guess if I had to travel that long to get to a store, I would probably feel the same way.
bob haller

Pittsburgh, PA

#7 Sep 14, 2013
A hour is a long and expensive trip for gasoline....

theres probably been a master list of stores in danger of closing since ron took over.......

His destruction may have saved some stores from closing earlier, I think after christmas profits and losses:( will be evaluated. uless sales rebound to profit some stores
will have to close:(

currently those stores are likely not getting investments in remodeling, fixtures, or inventory.

of course if ullman gets the online business back to profitablity closed stores may create opportunitys for online shopping

Since: Feb 13

Logansport, IN

#8 Sep 14, 2013
I think the on line business is getting better. I ordered something from the Home area on on Friends and Family day. It was backordered until October 14th. It came in last week. That is over 6 weeks early. I was a happy camper that's for sure

I have not heard any rumors of any stores closing, but I usually don't hear anything until it has been in the news.

Cambridge, MA

#9 Sep 18, 2013
Old pimpng strategies. Nothing new!

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