Disney to start own testing of toys following Mattel recalls

Wal-Mart said it will focus its safety measures first on toys for children up to the age of three, including toys with surface coatings or magnets that could end up in a child's mouth.

"Wal-Mart will ensure the results of its tests are shared with the whole industry - retailers and manufacturers," the company said in a written statement.

Wal-Mart added that it "stands ready to help leaders in China" develop new testing procedures, and that it will work with manufacturers worldwide "on finding new toy products for its shelves and providing parents with greater choice."