Martha Stewart Living Omnimedia Inc’s deal with Kmart ends in January.
Although home improvement retailers have suffered as consumers postpone renovations during the housing downturn, paint has done well because it’s relatively cheap. The new Martha Stewart partnership allows the home improvement giant to expand its offerings of products for less than $50.
Shares of Home Depot added 8 cents to $28.16 in morning trading, while Martha Stewart Living's stock gained 6 cents to $5.02.
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