Martha Stewart's JC Penney Deal Made Macy's CEO 'Sick'

Law360, New York (February 25, 2013, 7:06 PM EST) -- The CEO of Macy's Inc. testified during a New York state court trial Monday that he was so nauseated when his friend Martha Stewart told him in December 2011 that she'd inked a deal with Macy's rival J.C. Penney Co. Inc., he hung up the phone on her.

Terry Lundgren told Judge Jeffrey K. Oing during a bench trial that Stewart — who was scheduled to take the stand Tuesday but whose testimony was postponed because of scheduling conflicts — called him on the eve of...
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