Martha Stewart says Kmart woes pose 'problems' for her brand

NEW YORK - Martha Stewart is not abandoning troubled retailer Kmart Corp., but she said any bankruptcy reorganization &#34;poses certain problems for us in terms of our brand&#34; and her company&#39;s growth rate. <br> <br> &#34;If they do declare bankruptcy, it&#39;s up to them to tell us if they want us in the mix or not,&#34; Stewart told Newsweek for an article in the magazine&#39;s Jan. 28 issue. <br> <br> Kmart, which announced sweeping management changes Thursday in an attempt to restore its credibility with bankers, vendors and investors, has exclusive rights to sell the Martha Stewart Everyday products until 2008. <br> <br> Newsweek said that other retailers began lining up to woo Stewart and her products into last week. But under the terms of the seven-year contract that Stewart signed last year, a Kmart bankruptcy filing wouldn&#39;t automatically set her free to pursue other offers. <br> <br> Newsweek said Kmart would not comment on its relationship to Stewart&#39;s company, Martha Stewart Living Omnimedia. <br>