Tesco Still Optimistic on U.S.

CHESHUNT, England The integration of two dedicated foodservice businesses by Fresh & Easy Neighborhood Market should help the chain to reach a break-even point at 300 stores rather than the 400 originally projected, Phillip Clarke, the newly installed chief executive officer of Tesco plc, said here last week. Tesco is the parent company of U.S.-based Fresh & Easy, which has 172 stores in the Southwest.

CHESHUNT, England — The integration of two dedicated foodservice businesses by Fresh & Easy Neighborhood Market should help the chain to reach a break-even point at 300 stores rather than the 400 originally projected, Phillip Clarke, the newly installed chief executive officer of Tesco, said here last week.

Tesco is the parent company of U.S.-based Fresh & Easy, which has 172 stores in the Southwest.<

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