Kohl’s, Walmart to pay $5.5 million over bamboo product allegations

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A Kohl’s department store in New York

WASHINGTON – Kohl’s Corp and Walmart Inc have agreed to pay a combined $5.5 million penalty to settle allegations they deceptively marketed products made of bamboo that instead contained other materials, the U.S. Department of Justice said on Thursday.

Kohl’s will pay $2.5 million and Walmart will pay $3 million after the U.S. authorities alleged they advertised “products as made of bamboo when such products were actually made of rayon and did not contain bamboo fibers,” a statement released by the department and the Federal Trade Commission said.

(Reporting by Susan Heavey; Editing by Chris Gallagher)

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