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Target (TGT) Gets The Lead Out

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By Douglas A. McIntyre Published
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The Sierra Club is chasing around Target (TGT) and some other US corporations for not reporting that some of the toys it has been selling have levels of lead that are two high. At least based on EPA standards. Laws currently on the books allow individuals and organizations to sue companies if the rules if the EPA does not get around to it.

Most of the toys with too much lead were made in China. Surprise, surprise.

Targeting Target is probably a waste of time. The company has already recalled 210,000 toys that have lead problems, and the big box retailer is not going to hurt its image with consumers and shareholders by selling products that can put kids in the hospital.

The Sierra Club misses the point by agitating for US companies to recall lead-tainted products. US companies have plenty of incentive to make sure that consumers are not hurt by items which they market. And, China is the perfect PR target if a product is defective.

The Sierra Club management needs to get on a plane to Beijing. Shutting down the supply chain will solve the problem much more efficiently.

Douglas A. McIntyre

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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