Macy’s Settles With Martha Stewart, JC Penny Suit Still On

Macy’s reached a settlement with Martha Stewart Living Omnimedia Inc. related to a deal the celebrity homemaker made to sell housewares at J.C. Penny. Macy’s claimed that deal was in violation of an exclusivity agreement it signed with Stewart and which would remain in effect through 2018. The settlement, however, does not end Macy’s ongoing lawsuit against J.C. Penny, though Stewart’s deal with J.C. Penny was significantly scaled back in October 2013 to appease Macy’s.