by Christopher Freeburn | January 3, 2014 11:43 am
On Thursday, the Consumer Product Safety Commission (CPSC) announced that Walmart (WMT) would recall card table and chair sets that were prone to cause injuries.
Walmart stores sold Mainstay-branded card table sets between May 2013 and November 2013. The five-piece sets, which include four padded folding chairs and a table, can be identified by labels on the underside of seats that read: “Made by Dongguan Shin Din Metal & Plastics Product Co,” UPI notes.
People who purchased the table and chair sets can return them to Walmart, which will refund the purchase price.
The recall was prompted a large number of reports of consumers who sustained injuries when the chairs collapsed. The CPSC noted that consumers were at a risk of losing a finger during chair collapses, in addition to injuries sustained by falling.
The table and chair sets were priced at $50 when sold at Walmart.
Earlier this week, Walmart recalled Donkey meat sold at its stores in China after testing by local regulators found that the product contained fox DNA.
Shares of WMT stock slipped fractionally in Friday morning trading. WMT stock finished 2013 up more than 10%.
Source URL: https://investorplace.com/2014/01/walmart-issues-recall-folding-card-table-set-finger-amputations/
Short URL: http://invstplc.com/1nvngBE
Copyright ©2017 InvestorPlace Media, LLC. All rights reserved. 700 Indian Springs Drive, Lancaster, PA 17601.