The Changing Face of Retail

Tesco says it will continue its store expansion on July 2 after taking a three month hiatus, which prompted speculation that its Fresh & Easy stores in the U.S. were failing. According to Dow Jones newswires, a Tesco spokeswoman dismissed those fears and said the business was “thriving.” She also reiterated Tesco’s prior commitment to opening 200 U.S. stores by February 2009. Tesco has not yet released any sales figures for Fresh & Easy, but did reveal higher than expected