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Under the program, the chain will invest in training and infrastructure for small and medium-sized farmers and measure the efficiency of large suppliers in growing and getting their produce to market.

The retail giant will offer all six models of the iPad and will roll out the tablet devices to over 2,300 stores by mid-November.

Retailers should see their best Christmas sales in four years as consumers now show some inclination to spend money despite a minimal recovery in the economy, according to series of recent forecasts.

U.S. retailers are expected to post modest sales gains for September, on cautious back-to-school shopping and aggressive month-end promotions from department stores looking to clear inventory ahead of the all-important holiday shopping season.

“For the holidays, the tablets will be mostly Android-based, plus the iPad,” said Mike Vitelli, Best Buy’s President of North and South American business, in an interview.

Wal-Mart Stores is offering to buy South African retailer Massmart Holdings for approximately $4.25 billion.

The struggle for the bookseller centers on the company's plans for competing in the era of electronic books.

Buried in a story on Best Buy's retail strategy, CEO Brian Dunn mentioned a startling fact: Internal estimates showed that the iPad had cannibalized sales from laptop PCs by as much as 50%.

The downward trend of bookstore sales continued in July with sales declining 2.3%, to $1.08 billion, according to preliminary estimates from the U.S. Census Bureau

Best Buy's earnings jumped 61% as the retailer rebounded from a weakened year-earlier quarter on higher revenue and margins.