Target posts higher quarterly profit

CHICAGO (Reuters) - Target Corp posted higher quarterly earnings, helped by sales of more profitable items like clothing and improved profit at its credit card business. The discounter said profit rose to $679 million, or 92 cents a share, in the second quarter ended July 31 from $594 million, or 79 cents a share, a year earlier. Analysts on average had forecast 92 cents a share, according to Thomson Reuters I/B/E/S. Earlier this month, Target reported sales of $15.13 million for the quarter at its retail business, up 3.8 percent