Deals
Macy’s Terry Lundgren to Be Deposed in Martha Stewart Suit
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Macy’s Inc. Chief Executive Officer Terry Lundgren is scheduled to give a deposition next month in a contract dispute with Martha Stewart Living Omnimedia Inc., according to documents filed today in New York state court.
Macy’s, based in Cincinnati, sued in January to stop New York-based Martha Stewart Living from executing a sales agreement announced in December with J.C. Penney Co. Macy’s said it has the exclusive right to sell Martha Stewart-branded products in certain categories.