Tesco Sees Potential for Substantial U.S. Chain

EL SEGUNDO, Calif. Although its Fresh & Easy Neighborhood Market locations will be small, Tesco is apparently thinking big. Sir Terry Leahy, the company's chief executive officer, told analysts that Tesco's planned U.S. banner, Fresh & Easy, has the potential to eventually rival Tesco's 1,900-store presence in the United Kingdom, the Financial Times of London reported last week. He also said the reason

EL SEGUNDO, Calif. — Although its Fresh & Easy Neighborhood Market locations will be small, Tesco is apparently thinking big.

Sir Terry Leahy, the company's chief executive officer, told analysts that Tesco's planned U.S. banner, Fresh & Easy, has the potential to eventually rival Tesco's 1,900-store presence in the United Kingdom, the Financial Times of London reported last week.

He also said the reason Tesco is establishing a U.S. base is that “the U.S.

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