Refunds due some Kmart customers
The Federal Trade Commission approved the final terms of a settlement with Kmart over the sale and marketing of Kmart gift cards. The government said the company, among other things, didn’t inform purchasers that they would be billed a dormancy fee if they didn’t use the card within two years.
Kmart eventually will publicize the eligibility criteria and refund process on its Web site.
Here’s the FTC’s press release.