Sears Canada says faulty skis to be recalled

Mon Jan 24, 2011 8:38am EST
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(Reuters) - Sears Canada Inc said Tech 4 Kids is recalling its popular Snow MX-Skidoo snowmobiles due to potential safety hazards, and the retailer urged customers to immediately stop children from using the product. The front ski on the Snow MX-Skidoo may crack or break when used, posing a risk of injury to children, Sears said in a statement, citing Tech 4 Kids.

Sears Canada, 90.4 percent owned by Sears Holdings Corp, said Tech 4 Kids Inc will replace the skis for free.

Customers can also return the Skidoo to their nearest retail store for a full refund, the company said.

The product was sold through Sears Canada catalog as well as online between August 1, 2010, and January 17.

Privately held Tech 4 Kids had said on Friday that it was voluntarily recalling about 22,000 snow bike units in Canada.

Shares of Sears Canada, which owns a network of 197 corporate stores, 219 dealer stores and 31 home improvement showrooms, closed at C$19.48 on Friday on the Toronto Stock Exchange.

(Reporting by Bhaswati Mukhopadhyay in Bangalore; Editing by Unnikrishnan Nair)