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CNBC's Courtney Reagan reports the latest twists in the retail drama between Macy's and JC Penney for the rights to sell Martha Stewart brands. Meanwhile, a large shareholder is selling a big chunk of JCP stock.
Martha Stewart is back in court today, caught in the middle of a legal battle between Macy's and JC Penney. Also, one of JCP's largest shareholders is selling a chunk of the company's stock, reports CNBC's Courtney Reagan.
Profits must come through public confidence, and public confidence is given to any merchant in proportion to the service which he gives to the public.
CNBC's Courtney Reagan reports the latest details on the legal battle between JC Penney and Macy's to sell Martha Stewart branded products.
J.C. Penney CEO, Ron Johnson, was aware that striking a deal with Martha Stewart would potentially create a conflict with rival Macy's.
Macy's lawyers are using many emails to prove that JC Penney understood Macy's contract with Martha Stewart Living Omnimedia, reports CNBC's Courtney Reagan.
CNBC's Courtney Reagan reports JC Penney CEO Ron Johnson took the stand today to testify in Macy's case against his company in a licensing disagreement for several Martha Stewart brands.
Macy's and JC Penney continue their legal battle over the rights to sell "certain categories" of Martha Stewart branded products, reports CNBC's Courtney Reagan.
CNBC's Robert Frank and Courtney Reagan discuss recent situations where business became personal: the Bill Ackman-Carl Icahn feud and the battle over Martha Stewart products between JC Penney and Macy's.
Retail earnings due out Wednesday will give the market a sense of what's going on among discount shoppers. Wall Street will get the fourth-quarter earnings reports from discounters Target, Dollar Tree and TJX as well as department store JCPenney.
Macy's Chief Executive Terry Lundgren said he was shocked when Martha Stewart told him in 2011 that she was starting a new alliance with rival J.C. Penney.
JC Penney and Macy's head to court to battle over the legal rights to sell Martha Stewart brands, reports CNBC's Courtney Reagan.
Macy's CEO Terry Lundgren is scheduled to testify in New York State Supreme Court on Monday in a trial that pits the department store chain against rival J.C. Penney over a partnership with home diva Martha Stewart.
JC Penny and Macy's are going head to head today at the New York Supreme Court over whether Martha Stewart's contract with Macy's prevents JC Penney from selling Martha Stewart Living Omnimedia products in certain categories, reports CNBC's Courtney Reagan.
Retail giants Macy's and JC Penney are heading to court in New York today over the right to sell Martha Stewart home products, reports CNBC's Courtney Reagan.
"We have an extensive line of products coming to JC Penney starting in March," said Martha Stewart, Martha Stewart Living Omnimedia founder, discussing the challenges and successes facing her business empire.
Some of the names on the move ahead of the open.
Market musings with CNBC Market Guru Robert Hum.
--Abiomed Inc rescheduled second-quarter conference call to Nov. 1 at 8 am Eastern Time. --Accelrys Inc rescheduled third-quarter results to Oct. 31, after market. Its conference call will be held on Nov. 1, 9.30 am Eastern Time.
--Acorda Therapeutics Inc: rescheduled third-quarter financial results and conference call to Oct. 31 from Oct. 30. --Advent Software Inc reschedules third-quarter results and conference call to Oct. 30. --AGCO Corp rescheduled third-quarter results to Oct 31, 8 am Eastern Time from Oct. 30.