Dive Summary:
- According to details released from Reuters, and published by Chain Store Age, coffee manufacturing company Bodium Group has filed suit against J.C. Penney alleging breach of contract against the retialer..
- The suit alleges that J.C. Penney did not live up to its contracted agreement by building an agreed-upon number of Bodium boutiques by March of 2013.
- Bodium also claims in the suit that J.C. Penney has failed to install a set number of boutiques following the March deadline, in addition to poorly displaying retail merchandise.
From the article:
The company claims it spent $2.8 million preparing for the boutiques but has not yet asked for specific damages. J.C. Penney declined a Reuters request for comment.