Martha Stewart, Macy's Settle Fight Over JC Penney Sales

Law360, New York (January 2, 2014, 1:18 PM EST) -- Martha Stewart Living Omnimedia Inc. announced Thursday it has settled a legal dispute with Macy’s Inc., which had accused the company of breaching its exclusive contract with the store by selling its home products at rival J.C. Penney Co.

The announcement comes more than two months after MSLO agreed to scale back a sales contract with J.C. Penney, which the home goods company had said provided for the sale of Stewart-branded items in a “more focused range of product categories over a shorter period of time …...
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