Tesco backs away from U.S. operations
date:Dec 06, 2012
e situation in April 2013, when it presents its annual results.

In addition, the British supermarket giant announced that Tim Mason, Fresh Easy CEO, is leaving after 30 years of service.

I have been clear since my appointment as CEO was announced that my role is to deliver long-term value for shareholders. Following a year in which my priority for Fresh Easy was to improve its performance, I have now made a fully-informed assessment of its longer term potential, said Philip Clarke, Tesco CEO
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