CHESHUNT, England — Philip Clarke is bullish on Fresh & Easy Neighborhood Market. The incoming chairman and chief executive officer of Tesco, who will take over the company from Sir Terry Leahy in March, had expressed some doubts last year about the U.S. operation in media interviews after his promotion was announced. But he was fully on board by the time Tesco released first-half results in October. “The key components [for profitability] are coming together,” Clarke said. “Sales ...

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