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Fresh & Easy has over 200 stores on the US West CoastUS: Fresh & Easy launches lunch, frozen NPD

9 May 2013

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

Quote, unquote: just-food's week in words

22 April 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.

Editor's choice: the highlights on just-food last week

22 April 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.

On the money: Tesco mulling offers for Fresh & Easy unit

17 April 2013

UK retail giant Tesco said it has received its first set of offers from prospective buyers for its US Fresh & Easy chain after confirming it will now exit the market.

What the analysts say - Upbeat welcome to Tesco FY update

17 April 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.

UK: Tesco FY profits down, US exit confirmed

17 April 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.

UK: Tesco tight-lipped over Fresh & Easy "sale talks"

28 March 2013

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

Comment: Organic growth priority for prudent Ahold

13 February 2013

Ahold's exit from its ICA retail venture in Scandinavia and the Baltics looks set to net the Dutch company a cool US$3.4bn - but do not expect the Albert Heijn and Giant Food owner to go on an acquisition spree.

just-food's outlook for 2013: Mega deals unlikely as consolidation continues

31 January 2013

There may be caution over the prospect for blockbuster deals in a dilapidated economic environment, but the food sector mergers and acquisitions table still has plenty to whet the appetite.

US: Tesco cuts Fresh & Easy HQ jobs

21 January 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.

UK: Tesco names Bush UK MD as underlying sales climb

10 January 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.

US: Tesco expands eatwell range at Fresh & Easy

9 January 2013

Tesco has expanded the range of foods available under its eatwell line at Fresh & Easy stores in the US, even as the retailer considers selling the struggling unit.

just-food's most-read news stories in 2012

18 December 2012

It's the time of the year when we look back at the 12 months just past to see what was getting you clicking on just-food. The ten most-read news stories of 2012 include UK grocers signing a code of conduct on promos and Tesco announcing it would put traffic-light labels on its food in the UK. Tesco's likely exit from the US also proved popular, as did a series of M&A stories, including major deals by Hain Celestial, R&R Ice Cream and Hershey.

INDIA: Tesco, Tata "in India expansion talks"

10 December 2012

UK retail giant Tesco is understood to be looking at expanding further into India just days after announcing a review and potential exit from its troubled US venture.

Comment: UK travails central to Tesco's US U-turn

6 December 2012

When pondering why Tesco has decided to consider quitting the US, one must look at the UK retailer's challenges at home, writes Dean Best.

UPDATE: UK/US: Tesco: We did all we could on Fresh & Easy

5 December 2012

Tesco CEO Philip Clarke today (5 December) insisted the UK retailer had given its US chain Fresh & Easy "our best shot" as he outlined plans to possibly sell the business.

UK/US: Tesco US review "likely" to lead to exit - CEO Clarke

5 December 2012

Tesco is "likely" to quit the US, CEO Philip Clarke admitted today (5 December), after the UK's largest retailer confirmed it is reviewing its options for its Fresh & Easy business in the country.

UK: Tesco reports improving underlying UK sales

5 December 2012

Tesco, which looks set to leave the US market, today (5 December) announced improving underlying UK sales as investments appear to be starting to pay off for the UK's largest retailer.

Timeline: Tesco's attempt to crack the US

5 December 2012

Almost seven years since Tesco first announced its plan to enter the US, the UK retailer has today (5 December) it is "likely" to quit market. Tesco said it would take too long for its Fresh & Easy chain to reach the "scale and profitability it needs". Here, just-food, looks at the ups and downs, the optimism about and the criticism of, Tesco's US venture.

UK/US: Tesco "to announce review of US business"

4 December 2012

Tesco is reportedly set to announce a strategic review of its US business, which could lead the UK's largest retailer to quit the market after five years.

US: Fresh & Easy launches 'Made Easy' line

19 October 2012

Tesco's US venture Fresh & Easy has extended its private-label offering with the launch of a 'Made Easy' convenience line.

US: Sunland expands peanut recall further

15 October 2012

A recall of US food manufacturer Sunland's peanut butter - which is believed to be contaminated with salmonella - has expanded further.

Comment: Wal-Mart outlines prudent expansion plans

11 October 2012

Wal-Mart, the world's largest retailer, plans to spend an eye-watering $12-13bn on expansion in its next financial year. However, the amount equates to a cut in capex spending and the US retail giant wisely has said it plans "to do more with less".

US: Peanut butter recall expanded further

8 October 2012

A recall of New Mexico-based manufacturer Sunland's peanut butter - which is believed to be contaminated with salmonella - has expanded to now include 240 products.

US: Confident Aldi coy on Californian entry

26 September 2012

Discount retailer Aldi has remained coy over reports it is preparing to enter the highly-competitive Californian retail market.

US: Peanut butter recall expanded

25 September 2012

A recall of Trader Joe's own-label peanut butter - which is believed to be contaminated with salmonella - has been expanded to include products on sale at other US retailers.

WRC 2012: Fresh & Easy "fighting nicely" - Tesco CEO Clarke

19 September 2012

Tesco CEO Philip Clarke today (19 September) insisted the UK retailer would continue to persist with Fresh & Easy, the US chain that has concerned some in the City.

US: Tesco cuts Fresh & Easy store hours

14 August 2012

Retail giant Tesco has reduced the store hours at some its Fresh & Easy locations in the US, reportedly placing jobs at risk.

US: Tesco's Fresh & Easy chain to cut HQ jobs

27 July 2012

Tesco has today (27 July) confirmed its US Fresh & Easy chain has cut jobs at its headquarters in Los Angeles.

Editor's choice: the highlights on just-food last week

9 July 2012

Farmers slammed UK dairy processors this week for cuts to the price they receive for their milk and there have been threats supplies could be disrupted. The UK meat sector was hit by plans by Dutch firm Vion to close a plant in Scotland. Meanwhile, French poultry giant Groupe Doux, which is in administration, has received ten takeover bids.

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