Best Buy to Pay Penalty to Settle Charges Over Recalled Items
October 03 2016 - 7:00PM
Dow Jones News
Best Buy Co. will pay a $3.8 million civil penalty to settle
charges that it sold recalled products including cameras, computers
and washing machines, the U.S. Consumer Product Safety Commission
said Monday. The CPSC said the retailer sold about 600
already-recalled items from September 2010 through October 2015,
including more than 400 Canon cameras.
"CPSC staff charged that Best Buy failed to implement adequate
procedures to accurately identify, quarantine, and prevent the
sales of" recalled products, the agency said.
A Best Buy spokesman said in an email that "we regret that any
products within the scope of a recall were not removed entirely
from our shelves and online channels. While the number of items
accidentally sold was small, even one was too many. We have taken
steps, in cooperation with the CPSC, to help prevent these issues
from recurring."
The settlement doesn't constitute an admission of committing the
offense, the CPSC said.
The CPSC said in 2014 that Best Buy sold certain products after
their recall dates, among them Canon cameras that the agency said
posed a risk of skin irritation, and other products with possible
fire risks.
The agency said Monday that it accepted the penalty agreement
provisionally in a 4-to-1 vote.
In August, Best Buy posted a higher second-quarter profit and
raised its full-year sales outlook.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
October 03, 2016 18:45 ET (22:45 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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