Fresh & Easy Trims Its Losses

CHESHUNT, England — Tesco here said last week Fresh & Easy Neighborhood Market is on track to meet the company's guidance of “sharply reduced losses” this fiscal year and remains “on its way to breaking even” toward the end of its 2012-2013 fiscal year.

The company also said the test of its “friends” loyalty card at seven stores in Bakersfield, Calif., has met “with such success” that a full rollout of the prog

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