CHESHUNT, England — Tesco's Fresh & Easy Neighborhood Market locations that have been operating for several months "have now moved strongly into [comparable-store sales] growth," Sir Terry Leahy, chief executive officer of the parent company, said here last week. However, he said Fresh & Easy expects to open only 500,000 square feet of new selling space during the second half — down from earlier projections due to the U.S. recession, he noted — "because you can't just buck a ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.