CHESHUNT, U.K. — Tesco here said Monday it has reached an agreement to exit Japan by transferring its interests there to Aeon, Japan’s largest retailer. Tesco plans first to sell 50% of its shares in ...

Britain’s biggest retailer Tesco announced yesterday that it will exit Japan after deciding to sell its network there of 129 small supermarkets to better focus on other operations in Asia. “Tesco has ...

Tesco's global ambitions are well known, and the British retailer has today taken a further step on the road to world domination with its first entry into the Japanese market via the acquisition of ...

Tesco’s decision to quit Japan is Philip Clarke’s first significant strategic move as CEO but the move has led industry watchers to wonder if the UK retailer could leave othe international markets, ...

Britain's biggest supermarket Tesco (LSE: TSCO.L - news) says it is closing its shops in Japan (NYSE: MCO - news) after failing to become a market leader there. Tesco has been in Japan since 2003 and ...

Tesco is set to pull out of Japan admitting that it “cannot build a sufficiently scalable business”. The supermarket revealed today that it plans to sell its entire business in Japan, eight years ...

Britain's biggest retailer Tesco said today that it had finally struck a deal to exit its Japanese business. Tesco said it would exit Japan in two stages - first by selling 50% of its shares in Tesco ...

LONDON--U.K. retailer Tesco (TSCO.LN), said Monday it entered into an agreement with Aeon, Japan's largest retail group, that will see Aeon buy a 50% stake in Tesco's Japanese unit for a nominal sum ...

LONDON — Tesco, the British supermarket chain with operations in 14 countries worldwide, has pulled the plug on its business in Japan. The company said in a statement Wednesday that despite ...