The retail discounters will pay $1.2 million for selling expired over-the-counter drugs and obsolete motor oil.
will pay $1.2 million in fines for selling expired products, the New York Attorney General announced Monday.
The investigation also called out Family Dollar, which was acquired by Dollar Tree in 2015. All the chains sold expired over-the-counter drugs, while Dollar General was fined for selling motor oil unsuitable for modern cars. Dollar Tree also violated New York's bottle deposit law. "It's a tough pill for New Yorkers to swallow that the over-the-counter drugs they were buying may have been expired," said New York Attorney General Letitia James in a statement. "New York consumers have a right to expect that products on store shelves are safe, fresh and suitable for their advertised use.
Investigations beginning in March 2016 found that some over-the-counter drugs were months beyond expiration dates. Motor oil not suitable for most engines built after 1930 were also sold at Dollar General stores. Investigators were told at Dollar Tree and Family Dollar stores that bottle returns were only accepted with proof of purchase, in violation of a New York law.
Dollar General and Dollar Tree will report fiscal second-quarter earnings before the bell Thursday. Dollar General is expected to report revenue of $6.89 billion and earnings of $1.57 a share, according to a survey of analysts by Refinitiv. Dollar Tree is estimated to tallied $5.72 billion in revenue on earnings of 81 cents a share.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Previously Asking $1 Billion, Los Angeles’ Largest Parcel Sells For $100,000 After Dramatic Last-Minute TwistAfter asking $1 billion and a fair bit of legal wrangling, the largest parcel for sale in L.A. sells for $100,000.
Leer más »
Here's the salary you need to earn to save 10% of your income and retire with $1 millionCNBC calculated the amount you'd need to earn annually in order to save $1 million by 65 without putting more than 10% of your earnings into investments.
Leer más »
Kanye’s Second Coming: Inside The Billion-Dollar Yeezy EmpireKanye West has one of the biggest hits of the decade—and it has nothing to do with music. His Yeezy sneaker empire is the best bet in a generation to topple Air Jordan. Sometimes it pays to be a control freak.
Leer más »
The Next U.S. Recession Looking More Likely As Trump Weaponizes Trade And The DollarThe business outlook has dimmed because companies are no longer sure where and with whom they can invest and expand without incurring the ire of the U.S. President, and it is affecting companies in America as well as in the rest of the world.
Leer más »
Why this investor left the pursuit of billion-dollar exits to help employers hire people with autismBrian Jacobs left Emergence Capital to start his own venture firm and invest in companies that are making people on the autism spectrum more employable.
Leer más »