100,000 Cribs Face Disposal After Safety Commission Refuses to Extend Deadline
Rob Bluey /
Retailers have 11 days to sell any cribs that don’t meet the government’s new safety standard. Anything that’s left in stores on June 28 must be trashed.
At least 100,000 cribs — a figure significantly larger than first anticipated — could be destined for the garbage dump, according to new estimates released yesterday by the Consumer Product Safety Commission. Despite the large inventory, the Democrat-controlled CPSC voted 3-to-2 against extending the June 28 deadline.
Previous figures, reported yesterday on The Foundry, put the number at 20,000 affected cribs. But due to the slow economy, stores have been unable to move the merchandise in the six-month window provided by the government. Without a last-minute intervention, that means the unused cribs will likely face steep markdowns over the next 11 days. Anything left after June 28 cannot be sold to consumers.