Tesco set for likely US exit Archives - Just Food
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Tesco set for likely US exit

Timeline: Tesco’s attempt to crack the US

Timeline: Tesco’s attempt to crack the US

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.

Talking shop: Has Tesco been “foolhardy” in the US?

Speculation is mounting over the future of Tesco's operations in the US. Investor Warren Buffett has described the venture as "foolhardy", while some industry watchers believe potential Californian restrictions on…