corporate buzz

1 + 1 = 1???

Detroit Free Press: Stewart Gets Millions on Kmart-Sears Deal. Martha Stewart might be making pennies an hour while serving time in federal prison, but she made a cool $32.7 million on paper Wednesday in the wake of the Kmart-Sears deal.

What do you get when you merge one struggling retailer with another struggling retailer? A very, large struggling retailer. At least you can pick up a Martha Stewart Medallion Matelasse Coverlet the next time you’re shopping for a Kenmore appliance. I wonder whether that range comes in hazelnut or sea kelp? I’ve added Kmart contracts to the web site. You can also find Martha Stewart Living Omnimedia contracts online.