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Macy’s CEO: “sick to my stomach” over J.C. Penney deal

Terry Lundgren testified that he hung up on Martha Stewart when she told him of deal

As the fight between Macy’s Inc. and J.C. Penney Co. Inc. over the sale of Martha Stewart products battles on in the courtroom, the true emotions of the parties involved are coming to light.

Yesterday, Macy’s CEO Terry Lundgren testified that he became physically ill when Martha Stewart told him her company, Martha Stewart Living Omnimedia Inc. (MSLO), would be entering a deal with a rival department store.


Cathleen Flahardy

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