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Home Depot extends deal with Martha Stewart, will expand product line
Atlanta -- The Home Depot and Martha Stewart Living Omnimedia have extended their agreement to offer Martha Stewart Living-branded products at Home Depot stores through 2016. The line launched in 2010.
The chain currently offers paint, outdoor furniture, kitchen and bath cabinetry and carpeting under the Martha Stewart brand currently. It plans to expand its product lineup with a new craft furniture line and more holiday merchandise.
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Lack of winter wipes out Big 5 earnings
EL SEGUNDO, Calif. — Lack of snowfall throughout most of the major winter sports regions negatively impacted Big 5 Sporting Goods' results in the fourth quarter.
The company reported a net loss for the fourth quarter of fiscal 2011 of $9,000, or 0 cents per diluted share, including the non-cash impairment charge of 5 cents per diluted share. For the fourth quarter of fiscal 2010, net income was $4 million, or 18 cents per diluted share, including a net charge of 7 cents per diluted share related to legal matters.