EL SEGUNDO, Calif. — The day before Fresh & Easy Neighborhood Market is set to expand into the Sacramento, Calif., market, the chief executive officer of Tesco, its U.K.-based parent company, told the Financial Times of London the company needs to not only achieve profitability but also to generate steady returns. Philip Clarke said the Fresh & Easy stores could reach a break-even point as early as this year — and if not, then in 2013 — but simply reaching ...

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