Macy's, Penny spat continues

Investor's Business Daily

The department stores are in court again for a trial that centers on whether Macy's (M)has exclusive rights to sell certain Martha Stewart products. The trial was set to resume in N.Y. state court Mon., CNBC said, citing sources close to the situation. Last month, Justice Jeffrey Oing ordered Macy's, J.C. Penny (JCP), which is in the midst of a turnaround bid, and Martha Stewart Living Omnimedia (MSO) into mediation to try to resolve the dispute while the trial was in recess.

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