JCPenney Exec Joins Martha Stewart Board

NEW YORK - JCPenney's senior vp of corporate strategy has been elected to the board of directors at Martha Stewart Living Omnimedia.
     At Penney, Robert Peterson is responsible for identifying growth opportunities and strategic alliances.
     JCPenney acquired a 16.6% stake in MSLO in December 2011 and recently rolled out a collection of MarthaHome merchandise in its stores and online.
     Because of a pending lawsuit from rival Macy's, JCPenney thus far has been barred from carrying Stewart-branded bedding, bath and kitchenware, which Macy's said are exclusive under its contract with MSLO.

Home & Textiles Today Staff | News & Commentary

 Home Textiles Today is the market-leading brand covering the home and textiles markets, offering a comprehensive package of print and online products. Home & Textiles Today provides industry news, product trends and introductions, exclusive industry research, consumer data, store operations solutions, trade show news and much more.

Featured Video

  • 1200 Suppliers are Ready for You at Intertextile Shanghai

    Camera Icon More Videos

Subscribe to
Home & Textiles Today eDaily
Receive the news you need to know about the trends in the industry delivered right to your inbox.


HTT August 2017

See the August 2017 issue of Home & Textiles Today. In this issue, we look at the Top 50 Retailing Giants Report, plus Manufacturing: Made in the USA gaining ground; International: Portugal ramping up exports; New products: NY Now home textiles introductions; Outlook: Commentary from H&TT's editors; and Planning: Trade show calendar.

See details!