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Penney CEO to testify over Martha Stewart pact

Friday, March 1, 2013

WN.com - Business News
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Penney CEO to testify over Martha Stewart pact
Mar 1st 2013, 12:54

NEW YORK — It's been a tough week to be Ron Johnson. After facing down investors this week over a dismal quarterly performance, the J.C. Penney CEO will be in the spotlight again - in court. Johnson is expected to testify Friday in New York State Supreme Court in a trial that pits the struggling department store chain against rival Macy's Inc. over a partnership with domestic diva Martha Stewart. The trial focuses on whether Macy's has the exclusive right to sell some of Martha...
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