- 26
- January
2012
Homemaking maven Martha Stewart might be headed toward more legal trouble. She's being sued for breach of contract by Macy's Inc., which alleges that her company, Martha Stewart Omnimedia Inc., entered into an agreement with Macy's rival J.C. Penney Co. Inc to sell certain products in its stores.
According to Macy's, a 2006 agreement with Martha Stewart Living granted the department store company the exclusive right to manufacture and sell certain products. But last month, J.C. Penney announced plans to open shops selling Martha Stewart products in shops within its stores. Macy's is seeking a preliminary injunction to stop Martha Stewart from violating the contract as well as an order to seal the lawsuit and motion. Macy's said it had renewed its agreement to exclusively sell Martha Stewart products for another five years.


