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.