date:Jun 06, 2013
Tesco plc here said Wednesday its previously announced effort to exit the U.S. continues on track.
We will update the market as appropriate, the company said in it first-quarter financial release. It was the only reference in the release to the Fresh Easy Neighborhood Market chain, based in El Segundo, Calif., which operates 200 stores in California, Arizona and Nevada.
When Tesco reported in April its financial results for the fiscal year that ended Feb. 23, it said it was treating Fresh Ea