Tesco says it is expanding further into Asia. "The firm has already conducted market research in Japan and is now searching for a business partner," reports say. Sources say Tesco also is in talks with retailers in Beijing.
U.S. government officials confirmed two sheep taken last year from a Vermont farm tested positive for a family of diseases known as transmissible spongiform encephalopathy. The exact disease within the family is not yet known, officials say.
Biometric Access' SecureTouch--Pay is designed to ease consumers' experience at the checkout by bypassing the step of showing an ID card, reports say. Kroger customers fill out a one-time enrollment form that stores personal and financial data for processing transactions.
Tesco's arch-rival today reported an increase in sales for the fourth quarter, reports say. While Sainsbury has been outpaced by Tesco since 1995, U.K.'s No. 2 food retailer is demonstrating a steady recovery, analysts say.