Martha Stewart’s brand is sold again
April 17, 2019
Sequential Brands Group paid $355 million to acquire Martha Stewart’s line of home furnishings and other name brand products in 2015. Marquee Brands has just purchased the same portfolio for $215 million. Sequential made the decision to sell the Stewart brands over concerns about her “compensation and entourage,” reports the New York Post.
Recent News
Popeyes Adds Menu Hack Double Stack Sandwich in the UK
Popeyes, the Louisiana chicken chain, continues to expand its menu offerings in the UK. Known for its Cajun breakfast and spicy Buffalo chicken options, the fast-food brand has now introduced a new item: the Double Stack Sandwich.
JCPenney Announces a New Rewards and Credit Program
This new program could potentially return half a billion dollars to America’s families.
Starbucks Improves Its Iconic Cold Cup
The company aims to further its commitment to be a resource-positive business.
Netflix Makes Major Changes to Its Plans
Streaming company Netflix is changing up its approach. The company, known for its subscription model without ads, is now diving into live sports, video games, and ad-supported content.