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Macy's, Martha Stewart Make Up
January 3,
2014 by in Industry, Legal, Licensing 
Macy's and Martha Stewart Living Omnimedia say they have settled a breach-of-contract lawsuit involving J.C. Penney.
But Macy's said the settlement does not impact its lawsuit against J.C. Penney, which is still ongoing.
Macy's and Martha Stewart Living Omnimedia said Thursday that their settlement terms are confidential and not material to their businesses. Both companies said that they look forward to "a continued, successful partnership together."
Macy's has had an exclusive merchandising contract with Martha Stewart since 2006, including items like bedding and bath products.
Stewart's company and Penney signed a merchandising deal in December 2011 to develop mini Martha Stewart shops.
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Source: USA Today