Tesco Looks for U.S. Exit

Tesco Looks for U.S. Exit

 “I’s likely the review will lead to Tesco exiting the U.S. market." — Philip Clarke, CEO, Tesco

CHESHUNT, England — Tesco here is apparently ready to pull the plug on Fresh & Easy Neighborhood Market.

The company said it has hired Greenhill & Co., a British investment banking firm, to conduct a strategic review of the U.S. operation, with results of that review scheduled to be discussed at Tesco’s annual meeting in Ap

Register to view the full article

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.