Target's Easter Toys and the 5 Most Costly Product Recalls (TGT)

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Costly Product Recalls

Target Corp. (TGT) has decided to recall 560,000 Easter toys that include the  Hatch & Grow Easter Eggs, Easter Grow Toys and Hatch Your Own Dino. These small toys are water absorbent that could expand inside a child's body if ingested and could potentially prove life threatening. While this recall may not prove to be very expensive to the company there are many examples where a product recall could burn a hole in the company's financials.

As Samsung discovered after the Galaxy Note 7 fiasco, product recalls are a costly headache that requires a company to refund its customers' money, give them replacements and hope that the problem doesn't worsen in the interim. Here are some of the most notorious product recalls of all time.

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