Martha Stewart Living Omnimedia (MSLO) has denied recent reports suggesting the company's relationship with JC Penney was ending.
In a statement issued by MSLO the company stated, "J.C. Penney remains one of our many retail partners. Our agreement with them is in full force, and we have no intention of ending it."
A recent report in the New York Post indicated that JC Penney had decided to end its relationship with Stewart, suggesting that disappointing sales and a legal battle with Macy's, had made the continued relationship between the retailer Stewart untenable.
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Source: Homeworld Business