date:Jun 14, 2013
ntinued underperformance of its Fresh Easy stores. Tesco had to take an approximate $1.5 billion writedown as part of the exit.
The announcements made today are natural consequences of the strategic changes we first began over a year ago and which conclude today, Clarke stated in April.With profound and rapid change in the way consumers live their lives, our objective is to be the best multichannel retailer for customers.
Fresh Easy operates 199 stores in Nevada, California and Arizona. The