Multistate Settlement Requires Menards Reform and Payments
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Madison, Wis. Officials announced Wednesday that Menards agreed to a $4.25 million multistate settlement resolving allegations that its '11% rebate' advertising misled customers and that the chain engaged in price gouging during the COVID-19 pandemic. The settlement, co-led by Wisconsin, Minnesota, Illinois and Iowa, requires clearer disclosures about rebate terms, quicker online rebate tracking, extended claim periods, and cessation of certain advertising practices. Menards will pay designated shares to participating states — Wisconsin receiving over $750,000 and Iowa approximately $446,832 — and implement operational changes to improve consumer transparency. State oversight continues. Based on 11 articles reviewed and supporting research.
More context
Timeline
- 1. 2020: Consumers and some state officials raised complaints about Menards' 11% rebate advertising and pandemic pricing.
- 2. 2020–2021: A coalition of state attorneys general, co-led by Minnesota, Wisconsin, Illinois and Iowa, opened coordinated investigations.
- 3. Investigations found advertising that implied point-of-purchase discounts and identified water-price increases at two Wisconsin stores during the pandemic.
- 4. States negotiated settlement terms requiring clearer disclosures, operational changes, and monetary payments to participating states.
- 5. Officials announced a $4.25 million multistate settlement and specified state shares and compliance requirements.
Sources
JQJO Editorial Desk · Human reviewed · AI assisted. Report a correction.
