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Amputated Fingertips, Severe Injuries From Coolers Spark Massive Recall: Cpsc
Igloo is recalling more than one million rolling coolers after reports of severe fingertip injuries, including amputations.
Igloo Products Corp. issued the recall for about 1,060,000 of its 90-quart Flip & Tow rolling coolers, the Consumer Product Safety Commission announced on Thursday, Feb. 13. A dangerous defect in the tow handle can pinch users' fingertips, posing risks of crushing injuries.
The CPSC said Igloo has received 12 reports of injuries, including fingertip amputations, bone fractures, and lacerations. The recall also includes about 47,000 coolers sold …
Mall Brand Merger: JCPenney Unites With Forever 21, Aeropostale, Brooks Brothers Operator
JCPenney is merging with a company that owns several other retailers that have also struggled as malls have declined in popularity across the US.
The 123-year-old department store chain and SPARC Group have combined to form Catalyst Brands, the new company said in a news release on Wednesday, Jan. 8. SPARC Group is the operator of stores including Aéropostale, Brooks Brothers, Eddie Bauer, Forever 21, Lucky Brand, and Nautica.
Former JCPenney CEO Marc Rosen will become the CEO of Catalyst Brands, which boasts more than $9 billion of revenue and about 60,000 employees at …
Party City Going Out Of Business, Closing All 800 Stores, Including 42 In NY
The party is over for a popular chain store that's been in business for decades.
Party City is “winding down” operations immediately at its approximately 800 locations, CEO Barry Litwin told corporate employees in a video call on Friday, Dec. 20, CNN reports.
Workers were told they will not receive severance pay, and that their benefits would end as the company goes out of business, CNN says.
The company, headquartered in in Woodcliff Lake, New Jersey, is running low on cash and unable to pay rent in some locations, according to an earlier Bloomberg report.
Party City was foun…
