UPDATE 1-Sears Canada recalls shopping bags over safety issue

* Says bags have high levels of lead

* Bags priced between C$0.79 and C$1.29

* Offers customers a refund

Dec 24 (BestGrowthStock) – Retailer Sears Canada Inc (SCC.TO: )
issued a safety recall for certain reusable shopping bags sold
at its stores between July and December, due to the presence of
higher levels of lead.

The company said in a statement it is asking customers to
discontinue use of the bag and is offering a refund to those
who return their bag to the nearest Sears store.

The bags, which come in three different sizes, are priced
between 79 Canadian cents and C$1.29 each.

Sears Canada will post signs at all its retail stores to
advise customers of this safety recall, it added.

Shares of the Toronto-based firm closed down 10 Canadian
cents at C$19.02 on Friday on the Toronto Stock Exchange.
(Reporting by Gowri Jayakumar in Bangalore; Editing by Roshni
Menon)

UPDATE 1-Sears Canada recalls shopping bags over safety issue