Fresh & Easy Q1 Comps Up 11.1%

CHESHUNT, England —Tesco here said Tuesday it was “encouraged” by the momentum at Fresh & Easy Neighborhood Market — its U.S.-based division — during the fiscal first quarter, which ended May 31.

CHESHUNT, England — Tesco here said Tuesday it was “encouraged” by the momentum at Fresh & Easy Neighborhood Market — its U.S.-based division — during the fiscal first quarter, which ended May 31.

Though the company did not report specific dollar amounts, it said sales were up 21.9% (31.7% at constant exchange rates), while comparable-store sales rose 11.1%. Tesco said comps were driven by both increased

Register to view the full article

test - Advanced Registered User

Already a member? .