logo
Woman alleges Costco cabinet display fell on her in $14M lawsuit

Woman alleges Costco cabinet display fell on her in $14M lawsuit

Yahooa day ago

(NewsNation) — A California woman has sued Costco Wholesale Corporation for more than $14 million in damages after she says a cabinet display fell on her while shopping.
Sadie Novotny said she was shopping at the big-box retailer's Santa Rosa, California, location on March 22 when a heavy liquor cabinet display fell on her, according to a lawsuit obtained by multiple outlets.
The suit alleges the incident caused 'multiple, permanent and catastrophic' injuries, including some to her head and brain.
Dip, dip hooray: Chipotle introduces 'bold' new sauce, first in five years
Novotny is suing Costco for general negligence, premises liability and products liability.
She alleges Costco 'negligently failed to adequately manage and or operate their store and or their merchandise' and 'negligently failed to train, manage and supervise their employees.'
That negligence, paired with the cabinet's 'thin legs' and positioning on an 'inadequate wooden pallet,' caused the cabinet to fall, Novotny's lawsuit says.
What is Labubu, and where can you buy them?
The $14 million in damages includes $5 million for emotional distress and another $5 million for pain, suffering and inconvenience, according to the lawsuit.
NewsNation has reached out to Costco for comment.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Better Buy Now: A 50/50 Split of Costco and Walmart or Dollar General and Dollar Tree?
Better Buy Now: A 50/50 Split of Costco and Walmart or Dollar General and Dollar Tree?

Yahoo

timean hour ago

  • Yahoo

Better Buy Now: A 50/50 Split of Costco and Walmart or Dollar General and Dollar Tree?

Dollar General and Dollar Tree are surging after their earnings reports. Walmart and Costco have sustained steady growth despite weak consumer spending. Well-run companies tend to sport justifiably premium valuations. 10 stocks we like better than Dollar General › After reaching multi-year lows in 2024, Dollar General (NYSE: DG) and Dollar Tree (NASDAQ: DLTR) are staging epic recoveries in 2025. Year to date (YTD) at the time of this writing, Dollar General has surged a staggering 49.5% and Dollar Tree is up 25.2%, compared to a mere 2.1% gain in the S&P 500 (SNPINDEX: ^GSPC). Even with those gains, both stocks have drastically underperformed the S&P 500 and larger retailers like Walmart (NYSE: WMT) and Costco Wholesale (NASDAQ: COST) over the last few years. Here's what's driving the rebound in discount retailers, and whether investors are better off with a 50/50 split of Dollar General and Dollar Tree or Walmart and Costco. The rebound in Dollar General and Dollar Tree provides a good lesson on the importance of expectations and valuation. Going into this year, expectations for the discount retailers were as low as they could be. Both companies were struggling to offset inflationary pressures with price increases. In 2021, Dollar Tree upped the base price of its products to $1.25, which cushioned profits but strained demand. It's also worth mentioning that Dollar Tree is selling Family Dollar in the second quarter of 2025 for about $1 billion -- a significant loss compared to the roughly $9 billion purchase price in 2015. Frequent customers of Dollar General and Dollar Tree can be more sensitive to inflation and overall higher living costs than retail outlets that aren't so value-focused. As a result, both companies rely on sales volume to offset their razor-thin margins. The business model can work well when consumer spending is strong, but it can backfire when people tighten their purse strings. As you can see in the following chart, Dollar General continued boosting sales, but margins are near a 10-year low, reflecting pricing pressure. Dollar Tree's margins are holding up, but its revenue is down significantly due to store closures and demand pressures. Despite lackluster results, recent financials for both companies show signs of improvement. Dollar General grew sales and earnings in its recent quarter. Dollar Tree got a jolt from improving results and potential cost savings from the Family Dollar spin-off. Results for Dollar General and Dollar Tree weren't great, but because expectations were so low and both stocks were so beaten down, the stage was set for an epic rebound, even if results were mediocre. However, some investors may prefer to go with higher-quality names like Walmart and Costco. Walmart and Costco have ultra-razor-thin margins, often lower than those of Dollar General and Dollar Tree. But the key difference is that Walmart and Costco deliver masterfully on their value propositions to customers. Walmart caters to value-focused customers, just like dollar stores. Yet, it has grown sales steadily and sustained decent margins despite pullbacks in consumer spending, because it can go toe-to-toe on price with just about any brick-and-mortar retailer or e-commerce platform. Additionally, Walmart has built out other shopping options, like pickup, delivery through Walmart+, and more. Similarly, Costco can afford to pass along value to customers on merchandise sales because it generates steady cash flow from annual membership rates. Costco makes the majority of its net income from membership fees, and profits very little from merchandise sales. Customers are incentivized to shop at Costco as much as possible to justify the membership, and Costco gives them good deals in return. Costco could charge more and boost near-term profits, but management is laser-focused on the brand's strength and long-term customer loyalty. Walmart and Costco are undeniably better businesses than Dollar General and Dollar Tree, but their valuations have reached sky-high levels. Even on a forward price-to-earnings (P/E) ratio basis, Costco and Walmart sport more expensive valuations than all of the "Magnificent Seven" stocks (except Tesla), whereas Dollar General and Dollar Tree have forward P/E ratios under 20. Over the long term, quality is more important than present-day valuation, because a company that consistently improves earnings can grow into its valuation. But if a company's stock price keeps increasing faster than its earnings rise, its valuation will remain inflated. This dynamic has been at play with Walmart and Costco, which have seen their P/E ratios balloon far above their historical averages due to their stock prices outpacing earnings growth. What's more, both stocks no longer have serviceable dividend yields because their stock prices have outpaced their dividend growth rates. Walmart yields just 0.9% and Costco yields 0.5%. Dollar General sports a decent yield of 2.1%, and Dollar Tree has never paid a dividend. Granted, Costco occasionally pays special dividends when its cash on the balance sheet reaches a comfortable level. But even during special dividend years, like in 2024 and 2020, Costco still only yields around 2% to 3%. If I had to pick, I'd go with a 50/50 split of Dollar General and Dollar Tree over Walmart and Costco simply because their valuations are so much lower, and Walmart and Costco aren't growing quickly enough to justify their high valuations. At that valuation level, investors are arguably better off buying a top growth stock like Microsoft, which is expanding margins and consistently generating strong revenue growth. Walmart and Costco are phenomenal companies, but a great company isn't always worth investing in if its valuation is at nose-bleed levels -- especially when faster-growing alternatives are available at reasonable multiples. Before you buy stock in Dollar General, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Dollar General wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $649,102!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $882,344!* Now, it's worth noting Stock Advisor's total average return is 996% — a market-crushing outperformance compared to 174% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Daniel Foelber has positions in Nvidia. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Costco Wholesale, Meta Platforms, Microsoft, Nvidia, Tesla, and Walmart. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. Better Buy Now: A 50/50 Split of Costco and Walmart or Dollar General and Dollar Tree? was originally published by The Motley Fool

LA County will comply with ICE if feds bring warrants: Supervisor
LA County will comply with ICE if feds bring warrants: Supervisor

Yahoo

time3 hours ago

  • Yahoo

LA County will comply with ICE if feds bring warrants: Supervisor

(NewsNation) — Los Angeles County Supervisor Janice Hahn said Wednesday the county will comply with federal immigration enforcement if presented with proper warrants, criticizing the Trump administration's 'indiscriminate' raids as federal overreach. 'If the federal government in Los Angeles County presents us with a federal warrant, our sheriff will absolutely open the jail up and turn over the convicted criminals that are in our custody,' Hahn said on NewsNation's 'Elizabeth Vargas Reports.' She said that Sheriff Robert Luna will honor the existing agreement to cooperate with federal authorities when proper legal procedures are followed. Hahn accused the Trump administration of conducting 'irresponsible raids' that involve cornering people in cars, chasing farm workers across fields and pursuing day laborers with weapons drawn. ICE raids won't stop despite protests: DHS spokesperson 'This is not a way to enforce immigration policies,' Hahn said. She said the tactics have created fear and anxiety in immigrant communities while representing a departure from the administration's initial promise to target only violent criminals and gang members. The supervisor defended the majority of protesters, saying they are demonstrating against what they view as federal overreach rather than supporting illegal immigration. She noted that District Attorney Nathan Hochman reported only about a dozen arrests for violence out of approximately 4,000 protesters over recent days, with 203 arrests Monday night being for failure to disperse after a curfew rather than violent acts. Border czar Tom Homan: ICE raids not 'going too far' Hahn said the protests are concentrated in just one square mile of Los Angeles, a city covering 500 square miles within LA County's 4,000 square miles. She criticized the deployment of federalized California National Guard troops and active-duty Marines, calling it 'theater' that costs taxpayers about $134 million. The supervisor joined California's governor in a federal lawsuit seeking an injunction to stop military deployments, which is scheduled to be heard Thursday. She said immigrant families in her district are suffering, with many afraid to attend church services or high school graduations. When asked about Mexican flags being waved at protests and American flags being burned, Hahn said it doesn't bother her given LA County's diverse immigrant population. She worried such displays might hurt the protesters' cause, which she described as asking the federal government to stop unacceptable enforcement tactics. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Rep. Luna: China is dangerous, behind funding of protests
Rep. Luna: China is dangerous, behind funding of protests

Yahoo

time3 hours ago

  • Yahoo

Rep. Luna: China is dangerous, behind funding of protests

(NewsNation) — Florida Rep. Anna Paulina Luna, a Republican, announced the House Oversight committee will be calling China-based billionaire Neville Singham to testify regarding the funding of a group that organized protests in Los Angeles. 'If he refuses to appear, he will be subpoenaed, and if he ignores that, he will be referred to the DOJ for prosecution,' Luna said in a post on social platform X. She alleged that the Party for Socialism and Liberation, a Communist political party to which Singham has previously donated, is also receiving funding from the Chinese Communist Party. The committee will be looking into links between Singham and the CCP, as well. Luna joined NewsNation's 'CUOMO' on Wednesday to discuss the investigation. She said she believes Singham and the CCP are purposely trying to create division within the United States. Hogg forgoes reelection for DNC vice chair 'I do believe the Chinese government knows what they're doing; they're smart and they're dangerous,' Luna said. She added that she believes they are creating a ruse with the protests and making Hispanic-Americans think the unrest going on is all about the recent ICE raids. Luna said during the Biden administration, then-Sen. Marco Rubio and Sen. Lindsey Graham asked then-U.S. Attorney General Merrick Garland to investigate Singham over Foreign Agents Registration Act violations and ties to China, but the administration did not follow up. 'It's not just me, but the entire Oversight committee in Congress,' Luna said. 'This is a different administration. We are not playing games. What you are seeing in real time is things are heating up. China is not our friend.' Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store