JC Penney Didn't Tell Stewart To Breach Macy's Contract: CEO

Law360, New York (March 1, 2013, 7:26 PM EST) -- J.C. Penney Co. Inc. CEO Ron Johnson testified Friday that he never urged Martha Stewart to violate her contract to only sell certain of her home goods at Macy's Inc., saying it was up to her to confront Macy's so she could pursue a deal with J.C. Penney. 

Johnson said during a bench trial in New York that he had never read Martha Stewart's contract to sell only at Macy's certain Stewart-branded home products like bedding, cookware, housewares, candles and frames, but that others had during...
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