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NEW YORK (AP) — Macy's Inc. is suing rival retailer J.C. Penney Co., claiming Penney's bid to sell products by Martha Stewart Living is a breach of an exclusive contract held by Macy's and could ...
Martha Stewart Living shares slid 15 cents, or 3.5 percent, to $4.15 in aftermarket trading after slipping 13 cents, or 2.9 percent, to $4.30 during the regular session.
Macy's sued Martha Stewart Living in January 2011, saying the company breached a long-standing contract when it penned the deal with Penney, which invested $38.5 million in a nearly 17 percent stake.
Martha Stewart is extra generous when it comes to the treats she hands out on Halloween! The lifestyle entrepreneur, 83, revealed she offers an “assortment of candies” and “a little cash” to ...
Martha Stewart at the New York premiere of 'Martha' on Oct. 21, 2024. Photo: Kevin Mazur/Kevin Mazur/Getty Martha Stewart is extra generous when it comes to the treats she hands out on Halloween!
Martha Stewart and Macy's have been locked in a legal battle since January 2012 over whether Martha Stewart's agreement to provide merchandise to J.C. Penney violated an earlier exclusivity contract.
Company founder Martha Stewart, J.C. Penney's CEO Ron Johnson and Macy's CEO Terry J. Lundgren could be called to testify during the trial, which could last three weeks.
Macy's (NYSE: M) said Wednesday that it is looking at its relationship with Martha Stewart Living Omnimedia after department store rival J.C. Penney announced it was buying a 16.6 percent stakes ...
Martha Stewart is extra generous when it comes to the treats she hands out on Halloween! The lifestyle entrepreneur, 83, revealed she offers an “assortment of candies” and “a little cash ...
Macy's Inc took its legal battle over its agreement to exclusively sell certain Martha Stewart items directly to J.C. Penney Co Inc on Thursday, accusing the rival department store chain of ...
The cases are Macy's Inc v Martha Stewart Living Omnimedia Inc.n 650297/2012, and Macy's Inc. v J. C. Penney Corp., 652861/2012, New York state Supreme Court, New York County.
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