Starbucks (SBUX) China Toy Cup Recall
October 9, 2007 by Douglas A. McIntyreAs if a falling share price and shrinking same store sales growth were not enough, Starbucks (SBUX) is recalling 250,000 children’s cups.
The coffee retailer said if a cup is dropped, the colorful face on the cup can break off and leave small parts or sharp exposed edges that can pose a choking or laceration hazard to young children.
Starbucks has received seven reports of the cups breaking, including two reports in which a child began to choke on a broken piece. The company is offering a complimentary beverage as an incentive to return the recalled cups. Nice touch.
And, of course, the cups were made in China. Maybe the coffee is, too.
Douglas A. McIntyre
Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)
Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.
Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.
Click here now to get started.