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Macy’s vs. J.C. Penney Over Martha Stewart Isn’t Over Yet
When Macy's reports fourth-quarter results tomorrow, there may be some commentary about weak sales of Martha Stewart merchandise in its home department. At least that's what Macy's said last month in a court filing seeking damages from J.C. Penney in a two-year-old lawsuit. "Post-trial sales have now taken place, and the sales figures show that the effect of J.C. Penney's conduct on Macy's sale of Martha Stewart Living Omnimedia goods was substantial," Macy's lawyers said.