Fresh & Easy Posts $303M Loss

CHESHUNT, U.K. — Tesco PLC here said Tuesday that losses at its Fresh & Easy banner in the U.S. increased to about $302.6 million in the most recent fiscal year, but the company is ramping up expansion and expects to be profitable within about two years.

CHESHUNT, U.K. — Tesco PLC here said Tuesday that losses at its Fresh & Easy banner in the U.S. increased to about $302.6 million in the most recent fiscal year, but the company is ramping up expansion and expects to be profitable within about two years.

Register to view the full article

TAGS: News