ATTENTION K MARTHA SHOPPERS

MARTHA STEWART CAN DECORATE ANYTHING, AND SHE RULES A $150 MILLION EMPIRE. BUT REVIVING K MART COULD BE THE ULTIMATE TEST OF THE MARTHA MYSTIQUE

She urged Americans to create a Russian buffet for 24 guests featuring coulibiac of bass; to make egg topiaries; to etch their own glass; and to garnish their Easter hams with grass so fresh from the yard that the morning dew had yet to disappear. She upstaged First Lady Hillary Clinton in wreath making, and the First Lady of Cooking, Julia Child, in pastry making. And she has admitted, without reservation, her determination to take over Christmas. So revitalizing K Mart, the $32 billion discount-store dud, should be a piece of cake for Martha Stewart.

K Mart is retailing's biggest fixer-upper,...

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