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Business News

Macy's wins temporary block against Martha Stewart

Posted: 07/13/12 at 4:45 pm EDT

NEW YORK (AP) -- Macy's Inc. says Friday it has won a preliminary block against Martha Stewart Living Omnimedia Inc. selling some of its products at J.C. Penney.

Department-store chain Macy's sued Martha Stewart Living in January in a bid to stop a licensing deal between the housewares company and J.C. Penney.

Macy's had claimed Martha Stewart's deal with Penney violates the terms of an exclusive pact Macy's has to sell Martha Stewart-branded products at its stores. The complaint came after Penney acquired a 16.6 percent stake in Martha Stewart Living and announced plans last December to open Martha Stewart mini-shops beginning next year.

The lawsuit was filed in New York State Supreme Court.

Penney is based in Plano, Texas. Macy's is based in Cincinnati.

(Copyright 2012 by The Associated Press. All Rights Reserved.)

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