Fresh & Easy Posts Positive Comps: Tesco CEO

CHESHUNT, England — Tesco's Fresh & Easy Neighborhood Market locations that have been operating for several months "have now moved strongly into [comparable-store sales] growth," Sir Terry Leahy, chief executive officer of the parent company, said.

CHESHUNT, England — Tesco's Fresh & Easy Neighborhood Market locations that have been operating for several months "have now moved strongly into [comparable-store sales] growth," Sir Terry Leahy, chief executive officer of the parent company, said here last week.

However, he said Fresh & Easy expects to open only 500,000 square feet of new selling space during the second half — down from earlier projections due to the U.S. recession, he noted — "because you can't just b

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