Martha Stewart, JCP Trim Sales Deal Amid Macy's Suits

Law360, New York (October 21, 2013, 7:30 PM EDT) -- Martha Stewart Living Omnimedia Inc. on Monday announced it has agreed to scale back a sales contract with J.C. Penney Co. Inc. that has drawn legal fire from rival retailer Macy's Inc., which claimed that Stewart breached her exclusive contract with Macy’s for certain products designed by her company.

MSLO said the new agreement provides for the sale of Stewart-branded items in a “more focused range of product categories over a shorter period of time ... than the original agreement,” which was at the center of...
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