date:Apr 18, 2013
Retailer Tesco PLC plans to exit the U.S. market and sell its Fresh Easy retail chain. The company issued the news while reporting its preliminary earnings for fiscal year 2013.
Based on our progress so far with our strategic review of Fresh Easy, including the indications of interest received from third parties, we have confirmed that the outcome of the review will be an exit from the United States, the company said in a statement.
In its earnings statement Tesco reported its U.S. results a