Tesco Upbeat Despite Closures

CHESHUNT, England The incoming chief executive of Tesco here said last week he is confident about the future of Fresh & Easy Neighborhood Market because of the enthusiasm and loyalty of its customer base, even as the company said it would shutter 13 underperforming units. Speaking at a press conference to discuss the company's financial results for the fiscal first half, which ended Aug. 31, Phillip

CHESHUNT, England — The incoming chief executive of Tesco here said last week he is confident about the future of Fresh & Easy Neighborhood Market because of the enthusiasm and loyalty of its customer base, even as the company said it would shutter 13 underperforming units.

Speaking at a press conference to discuss the company's financial results for the fiscal first half, which ended Aug. 31, Phillip Clarke, who will become Tesco's chief executive in March, showed none of

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