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Amazon, Macy’s, Sears Settle with FTC over Bamboo Claims

Amazon, Leon Max, Macy’s and Sears – and Sears’ Kmart subsidiaries – have agreed to pay $1.26 million in penalties to settle Federal Trade Commission charges the retailers misled customers by selling rayon fabrics labeled as made from bamboo fiber. Sears will pay $475,000, Amazon $455,000, Macy’s $250,000 and Leon … Read more »