date:Apr 24, 2013
Chief executive Philip Clarke is said to be ready to jettison Fresh Easy, which has racked up losses of 850 million since its launch in California five years ago.
Tesco has been sounding out potential buyers for the operation, though a deal is unlikely to be finalised in time for Wednesdays full-year results announcement.
The US arm of Aldi and speciality grocer Trader Joes are among those thought to be interested in at least part of the Fresh Easy operation.
Tescos profits are set to tumbl