As court ruling looms, Penney to no longer sell some Martha Stewart bath, home products

CP25588839
FILE - This Monday, Aug. 19, 2013 file photo shows a J.C. Penney store in a Pembroke Pines, Fla., shopping center. As a court ruling looms, J.C. Penney Co. is scaling back its partnership with Martha Stewart.The department store chain will no longer be selling certain home and bath products designed by Martha Stewart Living Omnimedia Inc., two companies said Monday, Oct. 21, 2013. A judge has been expected to rule in a court battle between Penney and Macy\'s over whether Macy\'s has an exclusive right to sell some of her products. (AP Photo/J Pat Carter, File)

NEW YORK, N.Y. – As a court ruling looms, J.C. Penney Co. is scaling back its partnership with Martha Stewart.

The department store chain will no longer be selling certain home and bath products designed by Martha Stewart Living Omnimedia Inc., two companies said Monday. Penney will sell a smaller batch of Martha Stewart products, like window treatments and party supplies.

It also will be selling the media and merchandising company back 11 million shares.

Penney and Martha Stewart signed a merchandising deal, including the stock investment, in December 2011. That prompted Macy’s Inc. to sue both companies for violating its exclusive agreement with Martha Stewart.

A judge has been expected to rule in a court battle between Penney and Macy’s over whether Macy’s has an exclusive right to sell some of her products.

News from © The Associated Press, . All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.

Join the Conversation!

Want to share your thoughts, add context, or connect with others in your community?

Create a free account

The Associated Press

The Associated Press is an independent global news organization dedicated to factual reporting. Founded in 1846, AP today remains the most trusted source of fast, accurate, unbiased news in all formats and the essential provider of the technology and services vital to the news business. More than half the world’s population sees AP journalism every day.

Related Articles