Tesco Has Slowed — Not Stopped — its U.S. Introduction
September 8th, 2009
Although the company announced in the spring that it had put the second stage of its U.S. Fresh & Easy introduction on hold, Tesco is still opening stores and building a distribution depot in an industrial park in Stockton, CA, to service new northern California stores when they open. Plus, “property brokers say Fresh & Easy has been increasingly interested in buying rather than leasing sites, given the current slump in commercial real estate prices in the region.” The Financial Times (UK) Sept. 8, 2009