Crate and Barrel‘s younger, spin-ff store, CB2 (which opened in Vancouver earlier this year), just released an apology for offering a product in their stores that was in poor taste.

“We made a bad decision when we purchased this product,” Marta Calle, CB2′s President and Chief Merchant wrote in a statement to Yahoo! Shine. “We apologize for the product and the insensitive language used in its description. We have pulled the product from our stores and our website. Please accept our apologies for this lapse in judgment.”

The item in question is a wallet and I believe it came to everyone’s attention after a post on the popular website, Jezebel. The author of that post (Jenna Sauers) wrote: “Imagine being reminded of shelter overcrowding and underfunding, the economic disenfranchisement of our veterans, and the health care system’s failure to provide services for the mentally ill every single time you take out your wallet to pay for an overpriced iPhone stylus or an off-brand Jenga imitator.”

As you’ve probably figure out, the product is a wallet… but not your average looking wallet. Check out what it looks like and what it’s called below.

Check out a picture of the product after the jump…