Tesco U.S. exit could cost $382 million in cash
date:Apr 10, 2013
about 1 billion pounds in the U.S. since creating the business in 2007, targeting the West Coast with a series of neighborhood urban stores in a market dominated by big-box supermarkets. Fresh Easy distinguishes itself with a focus on budget-priced, healthy food and a predominance of own- brand items. Getting the business to produce an acceptable return would take too long, Clarke said in December.

Leaving the U.S. could cost Tescoanything between nothing and 500 million pounds, Shores Black
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