The UK's largest grocery retailer and the fifth largest retailer in the world, Tesco PLC, intends to enter the United States retail market with a new convenience format, beginning on the West Coast in 2007.
adidas-Salomon AG closes its acquisition of Reebok International Ltd., providing the new adidas Group with a footprint of around $11.8 billion in the global athletic footwear, apparel and hardware markets.