Fresh & Easy

Food industry company news

Subscribe via RSSWhat is RSS?

Latest Insights

Talking shop October 2015 - Wal-Mart, Auchan, X5

Multinational grocery retailers demonstrated a various different strategies to grow their sales and expand their consumer reach over the pas...

Analysis: Major US chains eye small-format growth

The convenience channel has become a source of growth for larger grocers in a number of markets. Even in the US, home of the big-box store,...


Dean Best | 19 Sep 2013

Ron Burkle, the US billionaire investor who is to take on the bulk of Tesco's US Fresh & Easy arm, has said he believes the loss-making business gives his Yucaipa fund a base upon which to build. But it is not yet clear what his plans are. Dean Best looks at what could be next.


Dean Best | 19 Sep 2013

Ron Burkle, the US billionaire investor who is to take on the bulk of Tesco's US Fresh & Easy arm, has said he believes the loss-making business gives his Yucaipa fund a base upon which to build. But it is not yet clear what his plans are. Dean Best looks at what could be next.


Dean Best | 11 Sep 2013

After six years of losses, there will be a sense of relief that Tesco has secured a deal to exit the US. However, the agreement with Yucaipa provides a suitable closing chapter for the failed foray.


Katy Askew | 9 Aug 2013

Confirmation that Tesco is in joint venture talks with China Resources Enterprise highlights a mounting trend in the FMCG sector. International companies eyeing growth in the rapidly expanding Chinese market are seeking out local joint venture partners. If Tesco's negotiations with CRE prove successful, a stronger business will emerge, Katy Askew suggests

Latest News

Dean Best | 10 Apr 2014

Wal-Mart has announced a notable push into the US organic food category with plans to list a range of products under the recently-revived Wild Oats brand.


Michelle Russell | 1 Oct 2013

Tesco's US venture Fresh & Easy has filed for Chapter 11 bankruptcy as part of its agreement to sell part" of its business to investment fund Yucaipa.


Michelle Russell | 1 Oct 2013

Tesco's US venture Fresh & Easy has filed for Chapter 11 bankruptcy as part of its agreement to sell part" of its business to investment fund Yucaipa.


Dean Best | 23 Sep 2013

Danone was this week under scrutiny in China amid claims local staff bribed hospitals to promote its baby food products in the country. The allegations are the latest blow to the reputation of Western firms in China following price fixing on formula and the Fonterra botulism saga. The stories will not harm the reputation of China's dairies and, this week, one processor, China Huishan Dairy Holdings Co., launched a successful IPO in Hong Kong.


Michelle Russell | 16 Sep 2013

Tesco grabbed the headlines last week after signing an agreement with Yucaipa for its US stores, bringing an end to its failed venture across the Atlantic. Amongst other retailers, Morrisons insisted the "space race" among major UK grocers was "well and truly over" as it released its latest sales and earnings figures. Elsewhere, just-food spoke with Boulder Brands CEO Stephen Hughes about its buoyant gluten-free business. Here is a selection of quotes from last week's news and insight.


Dean Best | 16 Sep 2013

Tesco finally drew a line under its failure in the US with a deal to offload its Fresh & Easy business to investment fund Yucaipa. The detail of the agreement, however, was a rather apt way to end the venture. UK rival Morrisons announced lower half-year sales and profits but a capex cut cheered the City. Elsewhere, we analysed New Zealand's attempt to restore the reputation of its dairy industry after the Fonterra botulism saga, while we interviewed the CEO of US gluten-free firm Boulder Brands.


Dean Best | 10 Sep 2013

Tesco has confirmed it has agreed to sell a "substantive part" of its US Fresh & Easy business to investment fund Yucaipa.


Dean Best | 10 Sep 2013

Tesco has confirmed it has agreed to sell a "substantive part" of its US Fresh & Easy business to investment fund Yucaipa.


Dean Best | 10 Sep 2013

Tesco is reportedly set to agree a deal to sell the bulk of its Fresh & Easy operations in the US to Yucaipa, the investment vehicle of billionaire Ron Burkle.


Dean Best | 10 Sep 2013

Tesco is reportedly set to agree a deal to sell the bulk of its Fresh & Easy operations in the US to Yucaipa, the investment vehicle of billionaire Ron Burkle.


Katy Askew | 25 Jun 2013

Discount grocer Aldi has confirmed it is in the "initial stages" of expanding its US operations into California.


Dean Best | 13 Jun 2013

US billionaire investor Ron Burkle is reportedly in discussions to buy Tesco's US chain Fresh & Easy.


Dean Best | 13 Jun 2013

US billionaire investor Ron Burkle is reportedly in discussions to buy Tesco's US chain Fresh & Easy.


Dean Best | 9 May 2013

Fresh & Easy, Tesco's up-for-sale US business, has launched a raft of products for targeted at lunch and dinner.


Dean Best | 9 May 2013

Fresh & Easy, Tesco's up-for-sale US business, has launched a raft of products for targeted at lunch and dinner.


Dean Best | 22 Apr 2013

Major food manufacturers began to report their first-quarter results last week. Nestle came under scrutiny for its performance in emerging markets. A cautious Danone saw signs of improvement from its European dairy operations, while its infant formula business was buoyant. Elsewhere, we shone the spotlight on the recent rationing of formula in Western markets amid high demand in China, looked at Marks and Spencer's latest European venture and analysed Magnit's move to Russian retail's top spot.


Michelle Russell | 22 Apr 2013

The industry's first-quarter results continued to pour in last week and two of France's leading retailers, Carrefour and Casino revealed sales figures that got analysts talking. Carrefour appeared pleased with its domestic performance, while Casino was encouraged by the results of recent pricing initiatives. Elsewhere, Tesco finally confirmed its plans to exit the US and revealed it had received and was pursuing interest in the business.


Michelle Russell | 17 Apr 2013

Tesco's shares slid 3.6% this morning (17 April) after the UK's largest retailer revealed a drop in annual profits and confirmed it will exit the US. The group did, however, sound an upbeat note on the performance of its domestic business, which saw sales increased by 1.8% and reiterated its commitment to becoming "the best multichannel retailer". Here, analysts give relatively positive opinions on today's trading update.


Michelle Russell | 17 Apr 2013

Tesco saw its shares slide this morning (17 April) as the UK's largest retailer revealed a drop in annual profits and confirmed it will exit the US.


Michelle Russell | 28 Mar 2013

Tesco has remained tight-lipped over reports it is in talks with potential buyers over the sale of is US Fresh & Easy chain.


Michelle Russell | 28 Mar 2013

Tesco has remained tight-lipped over reports it is in talks with potential buyers over the sale of is US Fresh & Easy chain.


Chris Mercer | 21 Jan 2013

Tesco has cut jobs at the head office of Fresh & Easy, as it continues a strategic review that could lead to the firm's exit from the struggling US grocery chain.


Chris Mercer | 21 Jan 2013

Tesco has cut jobs at the head office of Fresh & Easy, as it continues a strategic review that could lead to the firm's exit from the struggling US grocery chain.


Michelle Russell | 10 Jan 2013

UK retailer Tesco reported an increase in underlying UK sales today (10 January) as it named Chris Bush as head of its domestic operations.

Latest blogs

Michelle Russell | 27 Nov 2013

Tesco has finally drawn a line under its failed US venture with the announcement the sale of much of its business in the market has been sold.

just-food homepage



Forgot your password?