Company plans to sell Fresh & Easy stores; future unknown

PHOENIX - A company that runs Fresh & Easy stores says it's pulling out of the United States because the stores aren't making any money.

The announcement came overnight from Fresh & Easy's parent company, British "Tesco".

But the 24 stores in the Valley will remain open for now, according to a Fresh & Easy spokeswoman.

Officials say after a five-year run in the states, Tesco's abandoning all of its nearly 200 U.S. stores.

The company plans to sell the Fresh & Easy stores and there are already many offers, the spokeswoman said.

The company reported a nearly $2 billion profit loss.

Fresh & Easy reportedly employs 5,000 workers in Arizona, California and Nevada.

Print this article Back to Top

Comments