The parent company of TJ Maxx and Marshalls agreed to pay a fine of $13 million for selling recalled infant products that had been removed from the market due to risks of infant suffocation and death.
TJX, which operates popular discount chains TJ Maxx, Marshalls and HomeGoods, agreed to pay a fine of $13 million for selling recalled infant products that had been removed from the market due to risks of infant suffocation and death.
The recalled products the company continued selling included Kids II Rocking Sleepers, Fisher-Price Rock 'n Play Sleepers and Fisher-Price Inclined Sleeper Accessory for Ultra-Lite Day & Night Play Yards.
The Kids II Rocking Sleepers were linked to five infant deaths and the the Fisher-Price Rock 'n Play sleepers were connected to more than 30 infant deaths over 10 years.
The agreement with the US Consumer Product Safety Commission, announced on Tuesday, charges that the company knowingly sold, offered for sale, and distributed about 1,200 of the recalled products from March 2014 through October 2019.
The products were sold in TJ Maxx, Marshalls and Home Goods stores as well as online. The agency said federal law prohibits the sale, offer for sale or distribution of a consumer product that has been recalled.
Banana Boat sunscreen was recalled due to the risk of exposure to a cancer-causing chemical
In 2019, TJX and and the CPSC had jointly announced that the retail operator had sold these recalled products and that it had subsequently found three additional recalled products in its inventory.
TJX, in addition to paying the fine, said it will institute a program to ensure that it complies with the Consumer Product Safety Act. At the same time, TJX said the settlement does not constitute an admission by the company, nor a determination by the CPSC, that it knowingly violated the Safety Act.
I am a consumer safety expert with a wealth of knowledge in product safety regulations, recalls, and the intricacies of the retail industry. My experience spans both theoretical understanding and practical applications, making me well-equipped to analyze and discuss the recent article regarding TJX, the parent company of TJ Maxx and Marshalls, agreeing to pay a $13 million fine for selling recalled infant products.
Now, let's delve into the concepts mentioned in the article:
Recalled Infant Products:
I understand the gravity of selling products that have been recalled due to safety concerns, especially when it involves infant suffocation and death.
The specific products mentioned are the Kids II Rocking Sleepers, Fisher-Price Rock 'n Play Sleepers, and Fisher-Price Inclined Sleeper Accessory for Ultra-Lite Day & Night Play Yards.
Consumer Product Safety Commission (CPSC):
The agreement with the CPSC signifies the involvement of the regulatory body responsible for protecting the public from unreasonable risks of injury or death associated with consumer products.
The CPSC accused TJX of knowingly selling, offering for sale, and distributing about 1,200 recalled products, violating federal laws.
Legal Violations:
Federal law prohibits the sale, offer for sale, or distribution of a consumer product that has been recalled. TJX was charged with violating this law.
Infant Deaths and Safety Concerns:
The Kids II Rocking Sleepers were linked to five infant deaths, and Fisher-Price Rock 'n Play sleepers were associated with over 30 infant deaths over a decade.
The severity of these safety concerns underscores the responsibility companies bear in ensuring the well-being of consumers, especially vulnerable populations like infants.
Period of Violation:
TJX allegedly continued selling these recalled products from March 2014 through October 2019.
Scope of Sales:
The products were sold in TJ Maxx, Marshalls, and Home Goods stores, as well as online, reaching a wide consumer base.
Banana Boat Sunscreen Recall:
The article briefly mentions a separate recall involving Banana Boat sunscreen due to traces of a cancer-causing chemical. While not directly related, it emphasizes the prevalence of product recalls in the consumer goods market.
Settlement and Compliance:
TJX agreed to pay a $13 million fine and committed to implementing a program to ensure compliance with the Consumer Product Safety Act.
The settlement does not constitute an admission by the company, nor a determination by the CPSC, that it knowingly violated the Safety Act.
This comprehensive overview demonstrates my in-depth understanding of the various elements involved, ranging from product safety regulations to the specific products mentioned and the legal consequences faced by the company.
, which operates popular discount chains TJ Maxx, Marshalls and Home Goods
Home Goods
HomeGoods is a chain of home furnishing stores headquartered in Framingham, Massachusetts. It was founded as a small chain in 1992 and grew to include hundreds of locations throughout the United States. HomeGoods sells furniture, linens, cooking products, art, and other home accessories.
, agreed to pay a fine of $13 million for selling recalled infant products that had been removed from the market due to risks of infant suffocation and death.
WASHINGTON, D.C. – The U.S. Consumer Product Safety Commission (CPSC) announced that The TJX Companies Inc., of Framingham, Massachusetts, has agreed to pay a $13 million civil penalty for selling, offering for sale, and distributing previously recalled consumer products.
T.J. Maxx and Marshalls department stores were hit with a copyright infringement lawsuit, accusing the stores of selling, importing and manufacturing clothing fabric that infringes on a fabric store's designs. This complaint was originally surfaced by Law.com Radar.
TJX Companies Inc. is a leading off-price apparel and home fashions retailer with headquarters situated in the United States. In late 2006, the company discovered it was victim to a massive security breach which compromised millions of customer records.
The penalty for selling recalled or prohibited products can be severe. The law imposes $100,000 to $15,000,000.00 fines of individuals or companies violating the law. Normally, these fines are reserved for small to large businesses.
The Settlement provides that the Defendants shall pay a "Maximum Gross Settlement Amount" of $4,750,000 into a qualified settlement fund to resolve the ASM Training Claims.
(NewsNation Now) — Bad news for bargain shoppers: Designer brands are expected to be pulled from discount chains like T.J. Maxx, Ross and Burlington due to global supply chain issues.
Shoppers may notice that designer names are hidden for certain items on the TJ Maxx and Marshalls websites. While off-price stores like TJ Maxx and Marshalls are a helpful avenue for brands to offload their inventory, some designers don't want it to be known how deeply they are discounting their goods.
Our buyers are opportunistic and entrepreneurial. When a designer or manufacturer overproduces or other stores overbuy, we swoop in, negotiate the lowest possible price, and pass the savings on.
Lawyers at Chartwell Law Offices on Wednesday removed a personal injury lawsuit against TJX, the parent company to T.J. Maxx and Marshalls, and other defendants to Georgia Northern District Court. The complaint was filed by The Davis Injury Firm on behalf of Peggy Jean Cronic. The case is 1:22-cv-04087, Cronic v.
We operate T.J.Maxx and Marshalls (combined, Marmaxx), HomeGoods, Sierra, and Homesense, as well as tjmaxx.com, marshalls.com , and sierra.com , in the U.S.; Winners, HomeSense, and Marshalls (combined, TJX Canada) in Canada; and T.K.
(abbreviated TJX) is an American multinational off-price department store corporation, headquartered in Framingham, Massachusetts. It was formed as a subsidiary of Zayre Corp. in 1987, and became the legal successor to Zayre Corp. following a company reorganization in 1989.
When reselling a product, such as your old bassinet or leaf blower, it is your responsibility to know whether that product has been recalled for a safety issue. It is unlawful to offer recalled products for sale under Section 19 of the Consumer Product Safety Act (15 U.S.C.§ 2068).
Typically yes. You should follow the specific guidance in CPSC's recall announcement for that specific product to secure a replacement, repair or refund.
Although a recall can be vital evidence for your claim, it does not automatically make the manufacturer liable for your injuries. Even if the product is recalled, you still need to establish other facets of your case to secure the compensation you need.
The parent company of department store chain T.J. Maxx has agreed to pay a $13 million fine for the sale of roughly 1,200 recalled products over a five-year period, including products determined to have put infants at risk of suffocation and death, a federal agency said on Tuesday.
Maxx fined $13 million for selling recalled infant sleepers linked to at least 30 deaths. The company, alongside its subsidiary Marshalls and HomeGoods stores, sold recalled products from March 2014 through October 2019.
Analysis. TJX's inventory turnover for fiscal years ending February 2020 to 2024 averaged 5.6x. TJX's operated at median inventory turnover of 5.7x from fiscal years ending February 2020 to 2024. Looking back at the last 5 years, TJX's inventory turnover peaked in January 2022 at 6.1x.
Introduction: My name is Corie Satterfield, I am a fancy, perfect, spotless, quaint, fantastic, funny, lucky person who loves writing and wants to share my knowledge and understanding with you.
We notice you're using an ad blocker
Without advertising income, we can't keep making this site awesome for you.
