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Baby Formula

Business
NY Baby Formula Suppliers Accused Of Price Gouging Agree To $675K Settlement NY Baby Formula Suppliers Accused Of Price Gouging Agree To $675K Settlement
NY Baby Formula Suppliers Accused Of Price Gouging Agree To $675K Settlement Thousands of cans of baby formula are being distributed to families in need across New York after a settlement was reached with two companies accused of illegal price gouging. New York Attorney General Letitia James announced on Monday, Dec. 18, that her office had secured $675,000 worth of baby formula from Marine Park Distribution Inc. and its affiliate, Formula Depot Inc., following an investigation into price gouging during the nationwide formula shortage in 2022. The companies allegedly raised formula prices by more than 60 percent in some cases, with costs doubling for certain product…

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by Michael Mashburn
Business
Shoplifting Costs Retailers Billions: These Are Most Frequently Stolen Items Shoplifting Costs Retailers Billions: These Are Most Frequently Stolen Items
Shoplifting Costs Retailers Billions: These Are Most Frequently Stolen Items Shoplifting in the US is a costly epidemic, with retailers losing over $120 billion last year. The trend focuses on easily concealed, high-demand products at major retailers like Walmart and Target, posing a nationwide challenge for store owners and law enforcement. Electronics, health and beauty products, and food items are among the most commonly stolen goods, Capital One Shopping reports.  Small gadgets such as headphones and phone chargers, alongside over-the-counter medications and cosmetics, are frequent targets.  Alcohol, baby formula, and packaged meats are also popular …

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by Joe Lombardi
News
Bottles Of Baby Formula Recalled Due To Faulty Caps That Could Cause Spoilage Bottles Of Baby Formula Recalled Due To Faulty Caps That Could Cause Spoilage
Bottles Of Baby Formula Recalled Due To Faulty Caps That Could Cause Spoilage A company has recalled bottles of baby formula because some of the products may have faulty caps, which could lead to spoilage. Abbott announced on Friday, Oct. 14, that it is recalled certain lots of 2  fluid ounce/59-milliliter bottles of ready-to-feed liquid products for infants and children. The company said the recall includes the following brands: Similac® Pro-Total ComfortTM Similac® 360 Total Care® Similac 360 Total Care Sensitive Similac® Special Care® 24 Similac Stage 1 Similac® NeoSure® Similac Water (Sterilized)  Pedialyte Electrolyte Solution Abbott said the recalle…

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by Nicole Valinote
Lifestyle
Parents, Retailers Deal With National Baby Formula Shortage Parents, Retailers Deal With National Baby Formula Shortage
Parents, Retailers Deal With National Baby Formula Shortage Some families are feeling the heat as the country contends with a national shortage of baby formula that has left some store shelves bare. Across the country, families have been sent scrambling, and some major retailers have been forced to ration supplies as the US contends with a shortage of infant formula. Stores have been dealing with supply chain issues since the beginning of the pandemic, with baby formula becoming the latest commodity to disappear from store shelves, though the Infant Nutrition Council of America said that manufacturers’ have been ramping up production to meet famil…

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by Zak Failla