date:Dec 06, 2012
Tesco has announced it is likely to exit the United States after a review of its Fresh Easy stores, which have struggled financially since its debut in 2007.
The company said it is now clear that Fresh Easy will not deliver acceptable shareholder returns on an appropriate timeframe in its current form. Tesco said that it has had a number of partied interested in acquiring either all or part of Fresh Easy, or in partnering with Tesco to develop the business. Tesco will provide an update on th