Tesco Failure Would Mean Quick Pullout: Report

A Tesco executive here said the British retailer is prepared to pull out of the U.S. fairly quickly if its Fresh & Easy Neighborhood Market stores prove unsuccessful, according to a report in The Business magazine here.

LONDON — A Tesco executive here said the British retailer is prepared to pull out of the U.S. fairly quickly if its Fresh & Easy Neighborhood Market stores prove unsuccessful, according to a report in The Business magazine here. "If it is a failure with consumers, you have got to be prepared to pull the plug, and we would move fast, but you don't go in with that view," Andrew Higginson, strategy and finance director, was quoted as saying. "This is a launch, not a trial. The way we see thi

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