European Appliance Maker Sues J.C. Penney

An upscale coffee-press maker has sued J.C. Penney for breach of contract. Bodum Group says the retailer didn't deliver on its promise to build and roll out modern, chic shops within its stores to showcase Bodum's wares. Bodum and Penney had reached a deal in November 2012 to have Penney prominently feature Bodum houseware products and Ordning & Reda office and stationery products as part of its now abandoned plan to transform its department stores into collections of "shop in shops."