Seeking Alpha

New York Appeals Judge Richard Andrias has temporarily blocked J.C. Penney (JCP) from selling...

New York Appeals Judge Richard Andrias has temporarily blocked J.C. Penney (JCP) from selling "JCP Everyday" products designed by Martha Stewart (MSO). Andrias is due to decide by tomorrow whether to extend the ban while an appeal from Macy's (M) over whether JCP can sell the products is pending. On Friday, a lower-court judge ruled that JCP could do so. (previous)
From other sites
Comments (4)
  • solnascente
    , contributor
    Comments (16) | Send Message
     
    Maybe because I never bought any Martha Stewart products, but its hard for me to understand the fight to have the right to sell her brand name. JCP is an ailing company, but Macy's really needs her products so desperately??
    17 Apr 2013, 04:45 AM Reply Like
  • mcl12342
    , contributor
    Comments (26) | Send Message
     
    This is unfortunate for JCP if they lose this appeal. Why the former executive team lead by Ron Johnson did not look at this possibility does not speak favorably in regards to their leadership. From what I have read, Martha Stewart products are profitable at Macy's. I am pulling for JCP and hope they get a break with this case.
    17 Apr 2013, 12:05 PM Reply Like
  • MaryLa
    , contributor
    Comments (38) | Send Message
     
    This is unbelievable! Macy is not community minded, just greedy. I guess the idea is to bash jcp, once a competitor, when jcp is down! How sad! This problem was caused by a man with more ego than ability and he is gone now, Mr. Lundgren, Macy will not lose by being considerate and you should settle this out of court. We all know RJ was wrong but don't waste merchandise in a warehouse to prove a point.
    Could you hire all of the personel that will lose their jobs if jcp goes?This is not only a chain store issue but it effects our economy.
    17 Apr 2013, 02:35 PM Reply Like
  • anonymous2011
    , contributor
    Comments (3) | Send Message
     
    New York Appeals Judge Richard Andrias clearly evidenced the legal system is at loggerheads with the free market economy. Andrias' unfettered legal interference with the free market economy shows the need for legal reform. Immigration reform...tax reform...time for legal reform.

     

    The JCP problem was caused by and calls for a clean sweep of the JCP board. RJ never closed a single store and had no stores on the chopping block. Given time and the backing of the board, or if he were CEO and Chairman, he would have pulled off the successful transformation of JCP.

     

    Lundgren's ruthlessly seeking the destruction of jobs at JCP and MSLO is evil incarnate. Obviously, Andrias decision on Thursday could be his willful choice of evil.
    18 Apr 2013, 01:44 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs