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Monday, Apr 8
A little courtroom drama flared up today during the trial between Macy's (M +1.8%) and J.C....
A little courtroom drama flared up today during the trial between Macy's (M +1.8%) and J.C. Penney (JCP +2.2%) with accusations leveled at JCP that it's selling products on its website in breach of an agreement to stop showcasing certain categories. The judge in the case will rule on the issue tomorrow. The bigger issue: J.C. Penney needs a win or a settlement in the case to avoid losses on inventory and a gaping hole in the retailer's line of home goods.