January 24, 2011 / 12:31 PM / 7 years ago

UPDATE 2-Sears Canada says faulty skis to be recalled

* Front ski on Skidoo may crack or break when used

* Tech 4 Kids to provide free replacement ski

* Product was sold between Aug. 1, 2010, and Jan. 17

* Tech 4 Kids said 22,000 snow bikes being recalled (Adds details)

Jan 24 (Reuters) - Sears Canada Inc SCC.TO 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 (SHLD.O), 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 catalogue as well as online between Aug. 1, 2010, and Jan. 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)

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