You may have heard that JCPenney's been in a lot of hot water lately - sales were down, they fired their CEO, and they were sued recently by Macy's for trying to sell Martha Stewart branded cookware, bedding, and bath products under the Martha Stewart name.
However, things are looking up again for the beleaguered retailer. JCPenney just won an aspect of the Macy's dispute, which allows them to sell certain items that have already been branded with the Martha Stewart name. And, to add to the good news, Goldman Sachs confirmed Monday that it would extend a $1.75 billion loan in financing to the store, and billionaire financier George Soros announced that he'd taken a 7.9% stake in JCPenney, making him the fourth-largest shareholder. All the positive publicity is leading to a rise in their stock market value.
If you're looking to get in on some of the Martha Stewart branded wares, check out their availability on the JCPenney website. Make your house a home with the MarthaHome line, plan parties with Martha Celebrations, and stock up on crafting supplies with Martha Stewart Crafts.
If you're going to stock up on Martha Stewart goods, don't forget to take your JC Penney Insider's Guide with you, and maximize your savings with the JC Penney rewards and credit cards.
