Target | featured news

Target Corp. said Tuesday it was pulling its Valentine’s Day “Message Bears” from store shelves after California’s attorney general raised concerns that the toys have illegal levels of lead.

About 1.5 million Graco strollers sold at Wal-Mart, Target and other major retailers are being recalled after some children's fingertips were amputated by hinges on the products.

Target's earnings rose 18%, snapping a streak of eight quarterly declines, as the discount retailer saw improvement in its retail and credit-card operations. Saks swung to a $1.9 million profit.

Retailers Target Corp and Saks Inc posted better-than-expected quarterly results on Tuesday as they clamped down on expenses and inventory to offset falling sales, sending shares higher.

Some of the US's best-known retailers report sharp slumps in profits as consumer confidence continues to slide.