Trial over Macy’s and Martha Stewart rights set for February
New York -- The battle between Macy’s Inc., J.C. Penney Co., and Martha Stewart Living Omnimedia Inc. will go to trial Feb. 19, Bloomberg reported.
A New York State judge on Thursday said he case will not be tried before a jury and there will be no need to decide damages.
Instead, any potential damages in the dispute “are going to pale in comparison to the injunction,” the judge said. “That’s the real big bucks there -- if I stop this deal.”
Macy’s is claiming that it has the exclusive right to sell Martha Stewart Living products in certain categories. The department store company sued J.C. Penney and Martha Stewart Living seeking to stop their sales agreement, which was announced at the end of 2011.