Around the Net

Martha Stewart Cuts Food Deal With Costco

Martha Stewart's name will adorn a line of fresh, refrigerated and frozen foods sold at Costco--the nation's largest warehouse retailer--beginning next year. The line is expected to be called Kirkland Signature by Martha Stewart.

Although Stewart cooks everything from soufflés to duck breasts on her syndicated television shows, producing a line of packaged food is not exactly in her comfort zone. But Susan Lyne, the CEO of Martha Stewart Living Omnimedia, calls food the "greatest untapped opportunity" for the company. She says it is the No. 1 area for visits on the company's Web site, which features recipes and cooking tips.

Executives at both Martha Stewart Living and Costco said they were still in the testing and tasting phase of their collaboration and had not yet chosen products for the new line. Based on what Martha Stewart Living executives have said before, the company is expected to favor prepared foods (think of nine-layer lasagna), rather than everyday commodities like a pie crust.

advertisement

advertisement

Read the whole story at The New York Times »

Next story loading loading..