Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Businessweek Archives

Sears Gets Handed A Huge Repair Bill


In Business This Week

SEARS GETS HANDED A HUGE REPAIR BILL

Sears Roebuck agreed on Sept. 2 to pay $8 million to resolve complaints that its Sears Auto Centers cheated customers by making unneeded repairs. Denying any liability or intentional wrongdoing, Sears settled charges by the state of California as well as 19 related class actions.

The agreement calls for Sears to reimburse California $3.5 million for investigative costs, establish a $1.5 million auto-repair training program, and offer affected customers $50 coupons toward purchases at Sears stores. The retailer is prepared to hand out at least 933,000 coupons nationwide.EDITED BY HARRIS COLLINGWOOD


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus