The US Consumer Product Safety Commission, in cooperation with Big Lots (NYSE:BIG) announced a voluntary recall of about 375000 Microfiber Glider Recliners with Ottomans and Leather Recliners with Ottomans. An exposed gap between the moving parts of the chair and the base framework can allow access to toddlers and infants, posing an entrapment hazard. CPSC received two reports of children under age two who were found trapped at the neck between horizontal components of the frame at the back of the chair. In both incidents, adults were able to release the children who suffered no permanent injuries. Big Lots (NYSE:BIG) has potential upside of 0.9% based on a current price of .33 and an average consensus analyst price target of .69.
Saturday, October 29, 2011
Big Lots Recalls Glider Recliners Due to Entrapment Hazards
Big Lots Recalls Glider Recliners Due to Entrapment Hazards Tube. Duration : 1.03 Mins.
The US Consumer Product Safety Commission, in cooperation with Big Lots (NYSE:BIG) announced a voluntary recall of about 375000 Microfiber Glider Recliners with Ottomans and Leather Recliners with Ottomans. An exposed gap between the moving parts of the chair and the base framework can allow access to toddlers and infants, posing an entrapment hazard. CPSC received two reports of children under age two who were found trapped at the neck between horizontal components of the frame at the back of the chair. In both incidents, adults were able to release the children who suffered no permanent injuries. Big Lots (NYSE:BIG) has potential upside of 0.9% based on a current price of .33 and an average consensus analyst price target of .69.
Keywords: Big Lots, BIG, Glider Recliners, Recall, business, finance, investing, stock, trading
The US Consumer Product Safety Commission, in cooperation with Big Lots (NYSE:BIG) announced a voluntary recall of about 375000 Microfiber Glider Recliners with Ottomans and Leather Recliners with Ottomans. An exposed gap between the moving parts of the chair and the base framework can allow access to toddlers and infants, posing an entrapment hazard. CPSC received two reports of children under age two who were found trapped at the neck between horizontal components of the frame at the back of the chair. In both incidents, adults were able to release the children who suffered no permanent injuries. Big Lots (NYSE:BIG) has potential upside of 0.9% based on a current price of .33 and an average consensus analyst price target of .69.
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