Shift Likely in JCP/MSLO Deal
Home Textiles Today Staff -- Home Textiles Today, 7/23/2012 2:00:00 AM
A New York State Supreme Court judge on July 13 issued a temporary injunction against the merchandising deal that would create Martha Stewart anchor shops in JCPenney home departments next year, siding with Macy's, which argued its exclusive deal for Stewart home products runs to January 2018.
A spokeswoman for Martha Stewart Living Omnimedia told the Associated Press the deal with JCP will move forward, adding the parties will comply with whatever restrictions the court imposes on the product categories.
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