Fresh & Easy's U.S. experiment appears to have failed
Fresh & Easy's U.S. experiment appears to have failed
Though its U.K.-based parent company, Tesco, is not showing its hand at this point, widespread reports indicate that the firm is close to selling its 220 Fresh & Easy stores, located in the West.
In December, Tesco announced that the chain was "under review" because of its substantial losses and no turnaround in sight. When the effort was launched a handful of years ago, Tesco expected that 2013 would be the year it turned a profit.