TJ Maxx, Marshalls sold dangerous baby products after recall; parent company to pay $13 million fine (2024)

FAQs

Did TJX agree to pay $13 million civil penalty for selling offering for sale and distributing recalled products? ›

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.

This recall involves Mittal International chenille weave baby blankets sold in cream, blush, taupe, mint, gray, lavender, ivory, ochre, pale blue, sage and terracotta colors with a “Made in India” hangtag with an elephant design. The blankets have fringe around the edges and measure about 32 inches by 40 inches.

San Luis Obispo County DA and numerous other California DAs jointly settled a civil lawsuit against TJX Companies, Inc. for their improper disposing of hazardous waste into its regular trash bins destined for municipal landfills.

The TJX Companies, Inc., which owns TJ Maxx, Marshalls and Homegoods, has expanded its beauty footprint with a larger selection and more prestige products.

With over 4,557 discount stores located in nine countries, TJX is one of the largest retailers in the world. The TJX hack was orchestrated by a group of cybercriminals led by Albert Gonzalez, an American computer hacker and criminal.

Penalties for CPSIA Violations 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.

Procter & Gamble Recalls 8.2 Million Defective Bags of Tide, Gain, Ace and Ariel Laundry Detergent Packets Distributed in US Due to Risk of Serious Injury.

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.

(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.

TJX Companies, Inc. A proposed class action lawsuit alleges TJX Companies—which owns discount retailers such as T.J. Maxx, Marshalls, HomeGoods and Homesense—has secretly embedded web-tracking technology into its marketing emails.

What is the lawsuit against Marshalls? ›

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.

TJ Maxx and Marshalls operate as sister stores, and share a similar footprint throughout the country.

Parent company TJX Companies (TJX) owns and operates TJ Maxx, Marshalls, HomeGoods, Sierra Trading Post, and in the U.K., TK Maxx. The TJX Companies business model is to give customers selection – and a lot of it.

1. The company dates back to 1919. It was founded by two brothers, Max and Morris Feldberg, and was called the New England Trading Company.

In settlement of staff's charges, and to avoid the cost, distraction, delay, uncertainty, and inconvenience of protracted litigation or other proceedings, TJX shall pay a civil penalty in the amount of thirteen million dollars ($13,000,000) within thirty (30) calendar days after receiving service of the Commission's ...

We believe in the importance of responsible and ethical sourcing in our supply chain and focus on initiatives including social compliance, the environmental impact of certain products and packaging, and chemicals management within our operations.

Total debt on the balance sheet as of October 2023 : $12.51 B. According to TJX Companies's latest financial reports the company's total debt is $12.51 B. A company's total debt is the sum of all current and non-current debts.