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Gold/Mining/Energy : Hudson's Bay Company (HBC.tse)

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To: Apex who wrote ()	3/15/2000 11:08:00 AM
From: Flipper12	Read Replies (1) of 22

Martha Stewart on Her Company's Internet Business: Comment New York, March 14 (Bloomberg) -- Martha Stewart, chairwoman and chief executive of Martha Stewart Living Omnimedia Inc., spoke about the company's Internet business on financial news network CNBC. ``Our Internet direct commerce business posted $36 million in revenue and I think what it's really showing is that people are shopping on line, a lot of migration from our catalog, Martha by Mail, to the 'Net. I think that having that catalog is sort of a catalyst, a teaching tool, for our audience and then having them migrate to the web is going to help our Internet business a lot.' ``We're able to put more products on our Web site than we can in the pages of our catalog.' ``We have a very fine display of our mass market product at Kmart in the United States and at Zellers in Canada. As that product evolves and gets even better, I don't think that we really plan to open any brick-and-mortar locations for Martha by Mail.' (CNBC 3/14) For the Web site of CNBC, type {CNBC }.

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