Tesco has recently spent nearly £1 billion to acquire stores in South Korea. It has owned stores in Korea for nine years but is now buying 36 Homever discount hypermarkets. Tesco already runs the Homeplus chain in South Korea which comprises of 66 hypermarkets and 72 Homeplus Express stores but the new stores will put Tesco neck and neck with Shinsegae who are the current market leader in the country.

Waitrose has been experiencing a pasta shortage after it ran out of suppliers of its own brand dried pasta at the start of April. The problem was caused by a row between the supermarket group and its supplier in Italy over quality issues. Waitrose customers have for the last few weeks only been able to buy other branded pasta from the store, most of which costs more than the own brand alternative. The supermarket chain has now said that the issue has been resolved and that the shelves would be fully stocked within two weeks.

A man in Suffolk has found a baby tarantula in a bunch of grapes he brought from Asda. He caught the spider which was later rehomed at a local reptile centre. I hate stories like this, they always make me a little wary when buying fruit.

Waitrose have recalled organic eggs from one of its suppliers after fears they could be contaminated. It is thought that the chickens had eaten lead shot. The affected eggs are Blacktail Columbian organic eggs with the code OUK20137 stamped on them. Other organic eggs from Waitrose are not affected. Customers who have purchased the eggs are advised to return them for a refund.

Tesco is currently having talks about selling its property website. The website was launched in June last year with a view to undercutting traditional home sellers. At the time some estate agents took legal action to stop properties they were marketing appearing on Tesco's website. Now one of those who originally criticised the website are having talks regarding buying the business. Spicerhaart is the UK's largest independently owned estate agency network. They would own and operate the business with Tesco marketing it.

Well, maybe not world domination but lots more coffee shops. Whitbread plans to double the number of Costa coffee shops and increase the number of Premier Inn rooms by 50%. The company announced the plans after it unveiled better than expected profits. There are currently 992 Costa coffee outlets worldwide but Whitbread will increase this to 2,000 in the next five years with half of the new shops being in Britain.

Tesco will scrap its online florist service from the beginning of May. The decision was taken after Valentine's Day sales were disappointing. The move comes despite the fact that Tesco revealed record profits earlier this month. It is thought, however, that they are reviewing costs ahead of what is likely to be a competitive time for the sector.

Asda have launched a mobile phone that costs just £5 making it Britain's cheapest pay as you go mobile phone. The available models including the Nokia 1112, Sagem My212x, Sagem My220x and Sagem My150x on a number of tariffs from Virgin, T Mobile and Orange. Over 50,000 handsets went on sale last Friday at Asda stores across the UK.

This is an interesting idea, a suit that can be worn and washed in the shower. It is made from fast drying Australian merino wool and is designed for the Asian market. It is aimed primarily at businessmen who are required to wear a suit in the humidity of an Asian summer. At the end of the day all you need to do is hose the suit down in the shower and hang it up to dry. It regains its shape and is ready to wear again the next morning without the need for dry cleaning.