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Penney scores win in dispute over Martha Stewart

12:35 PM, Aug 31, 2012   |    comments
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New York State Supreme Court Justice Jeffrey Oing denied Macy's request on Thursday, saying J.C. Penney is already abiding by an injunction that prevents it from selling certain Martha Stewart-brand items such as cookware, kitchen utensils, and bed and bath products that fall under an exclusive Macy's contract, Macy's Inc. spokeswoman Sharon Bateman says in an email to The Associated Press.

Last year, J.C. Penney bought a nearly 17 percent stake in Martha Stewart Living Omnimedia Inc. and announced plans to open Martha Stewart mini-shops in its stores as part of its efforts to revitalize its business under new CEO Ron Johnson.

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