NEW YORK – Macys Inc. has sued Martha Stewart Living Omnimedia Inc. in a bid to block a licensing deal between the housewares company and J.C. Penney Co.
The lawsuit was filed Monday in New York State Supreme Court. Macys claims Martha Stewart Livings deal with Penneys violates the terms of an exclusive pact Macys has to sell Martha Stewart Living products at its stores, according to reports in the Wall Street Journal and other publications.
The complaint comes after Plano, Texas-based J.C. Penney acquired a 16.6 percent stake in Martha Stewart Living and announced plans last month to open mini-Martha Stewart shops inside most of its stores, beginning next year.
The deal announced last month was seen as part of Penneys efforts to re-image itself under its new CEO Ron Johnson, a former Apple Inc. executive.
Cincinnati-based Macys has asked the court for a preliminary injunction to block the deal.
Both Macys and J.C. Penney are among the anchor stores at Fort Waynes Glenbrook Square.
Martha Stewart Living said it does not comment on legal matters, but issued a statement saying that it received a notification from Macys that it intends to renew and extend its commercial agreement with Martha Stewart Living to feature and promote the Martha Stewart Collection in Macys stores.
The New York-based lifestyle, media and merchandising company also noted that its commercial agreement with J.C. Penney remains in effect.
Calls and an email seeking comment from Macys and its attorney were not immediately returned late Monday.