Fresh & Easy Maintains Growth Pace as Losses Mount

CHESHUNT, England Tesco here said it plans to open between 60 and 70 new Fresh & Easy Neighborhood Markets this year in additional cities in the Western U.S., although it expects earnings losses in the U.S. to continue until the economy recovers. Industry observers told SN the losses are not surprising, given the infrastructure Tesco has developed for Fresh & Easy. They also said the U.S. stores still

CHESHUNT, England — Tesco here said it plans to open between 60 and 70 new Fresh & Easy Neighborhood Markets this year in additional cities in the Western U.S., although it expects earnings losses in the U.S. to continue until the economy recovers.

Industry observers told SN the losses are not surprising, given the infrastructure Tesco has developed for Fresh & Easy. They also said the U.S. stores still have image issues that continue to confuse potential custome

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