Macy’s, Inc. (M): J.C. Penney Company, Inc. (JCP) Puts Martha Stewart Living Omnimedia, Inc. (MSO) to Bed

It may be that the shopping mall anchor concept is a dying one and J.C. Penney, despite its storied history, may have to look at other models — smaller-footprint stores, multichannel opportunities, etc. — if it wants to live to fight another day. If the reports are true, then Penney’s decision to bury the Martha Stewart Living Omnimedia, Inc. (NYSE:MSO) deal was a smart one, though it may be too late to effect change to the retailer’s ultimate destiny.

The article Penney Puts Martha Stewart to Bed originally appeared on Fool.com and is written by Rich Duprey.

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