Martha Stewart Living seeks to appeal court ruling in Macy’s favor
New York — Martha Stewart Living Omnimedia Inc. filed a notice of appeal in a lawsuit by Macy’s Inc. in New York State Supreme Court in Manhattan, Bloomberg reported.
Macy’s sued Martha Stewart Living in January to stop the company from executing a sales agreement that it announced in December with J.C. Penney Company. Macy’s said it had the exclusive right to sell Martha Stewart-branded products in certain categories.
Last Month, a judge in Manhattan granted Macy’s a preliminary injunction blocking Martha Stewart Living from taking any further steps under its deal with J.C. Penney.
Martha Stewart Living is seeking reversal “on the grounds that the Supreme Court granted plaintiffs’ motion for a preliminary injunction based on an erroneous interpretation” of the pact with Macy’s Merchandising Group and “an incorrect application of the legal standards for a preliminary injunction,” according to a court filing dated Friday, Bloomberg reported.
Report: Macy’s rolling out new order fulfillment system
New York — Macy’s Inc. is rolling out a new order fulfillment system that lays the groundwork for same-day delivery services by leveraging the proximity of its physical store locations to its customers, according to a report on the Huffington Post.
To date, 280 stores have been outfitted to provide shipping services.
Online retail giants Amazon and eBay are moving in the same direction, the report said.
Study: Only one-quarter of parents chasing promotions for back-to-school
New York — Only 26% of parents say they are shopping wherever the best back-to-school promotions are offered, according to a study by WSL/Strategic Retail. The finding was revealed as part of the company’s Back-to-School 2012 How America Shops trend report, which tracked what stores and categories parents are shopping.
“Given today’s promotion-driven retail climate, it was surprising to learn that it’s not only about finding the best deal this season,” said Wendy Liebmann, CEO of WSL/Strategic Retail. “Yes, it’s about the right price – but that’s only part of the story. It’s also about seeking out a broad selection of merchandise in a convenient place, and most parents already have a clear idea of where they can find that for back-to-school. For 75% of them, that means heading to a mass merchant such as Target or Walmart.”
According to the report, this is where parents are shopping for BTS goods:
- 75% — Mass merchandisers such as Target, Walmart and Kmart;
- 34% — Department stores like Macy’s, Kohl’s, JC Penney, Nordstrom, Saks, etc.;
- 30% — Dollar stores including Dollar General, Family Dollar, etc.;
- 29% — Internet sites such as Amazon;
- 24% — Drug stores such as CVS, Walgreens, Rite Aid, etc.; and
- 24% — Warehouse clubs including Costco, Sam’s Club, etc.