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Stock impact report

Beds sold at Amazon, Walmart recalled due to collapse hazard [Fortune]

Wayfair Inc. Class A (W) 
Last wayfair inc. class a earnings: 2/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: investor.wayfair.com
Company Research Source: Fortune
Utah-based importer CVB Inc. is recalling the Lucid-branded platform beds with upholstered square tufted headboards. According to Thursday notices from the U.S. Consumer Product Safety Commission and Health Canada , the beds can sag, break or collapse during use. To date, there have been 245 incidents of this occurring in the U.S., resulting in 18 related injuries such as contusions and bruises, the CPSC said. An additional 11 reports of “bed failures” have been reported in Canada, with no further injuries. According to Lucid, the recall covers a discontinued version of its platform beds, which the company says were manufactured between 2019 and 2021. While manufacturing ended several years ago, the now-recalled beds continued to be sold at major retailers through April 2024, the CPSC said. In addition to Amazon, Walmart and Lucid's website, consumers may have also purchased the beds at Bed Bath & Beyond, eBay, Home Depot, Macys, Target.com, Wayfair and other retailers. About Show less Read more
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