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Watch the video of ’15 Gifts for Valentine’s Day: Spend Less and Rev Up the Romance’ on MoneyTalksNews.com. When it comes to planning Valentine’s Day gifts for your sweetie, take a cue from the field of ...
J.C. Penney and Macy’s have ended a lawsuit that accused J.C. Penney of violating an exclusive merchandising agreement between Macy’s and Martha Stewart Living Omnimedia Inc. The case was ordered dismissed by New York State Supreme Court Justice Jeffrey Oing this week after a joint request from Macy’s and J.C. Penney (JCP), Reuters reported . A lawyer for Macy’s (NYSE: M) told the publication that the case has been settled, but did not disclose terms.
Macy's Inc has settled its lawsuit accusing J.C. Penney Co of interfering improperly with its exclusive merchandising agreement with Martha Stewart Living Omnimedia Inc. New York State Supreme Court Justice Jeffrey Oing in Manhattan ordered the case's dismissal this week, following a joint request from Macy's and J.C. Penney. A lawyer for Macy's confirmed on Thursday that the case has been settled.