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The Boston Globe

Business

Martha Stewart betrayed alliance, Macy CEO testifies

NEW YORK — Macy’s chief executive Terry Lundgren testified on Monday that he hung up on home diva Martha Stewart after she called to inform him on Dec. 6, 2011, that the company bearing her name had inked a deal with J.C. Penney to open shops within most of the chain’s stores.

He hasn’t spoken to her since, even though the two once were good friends.

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