Martha Stewart denies wrongdoing in Penney deal - 13 WTHR Indianapolis

Martha Stewart denies wrongdoing in Penney deal

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NEW YORK -

Home decor and food diva Martha Stewart testified in court on Tuesday that she did nothing wrong when she signed an agreement to open shops within most of J.C. Penney's stores.

Stewart testified in New York state court in a trial over whether the company she founded breached its contract to sell cookware, bedding and other items exclusively at Macy's when she inked the deal with Penney.

Stewart, who founded Martha Stewart Living Omnimedia Inc., denied Macy's allegations that she did anything unethical and said she was only looking to expand her brand. In fact, Stewart said it's Macy's that didn't uphold its end of the agreement to try to maximize the potential of her business. She said she had hopes that "the business would be much bigger."

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

 

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