• The Christian Science Monitor has a piece about Tesco’s Fresh & Easy Neighborhood Markets in the western US, which mostly revisits a lot of material covered elsewhere and earlier, albeit with a couple of interesting quotes.
“Their opening has not been a home run by any sense. They will get some things wrong, but they are a very intelligent bunch and will tweak their formula over time," Mark Husson, a retail analyst in New York for HSBC Securities, tells the Monitor. "The things they have got right are good fresh food at good honest prices in a much more convenient location than a traditional supermarket.”
And Simon Uwins, Fresh & Easy’s chief marketing officer, tells the paper “that first-month customer ratings have been higher than Tesco has experienced in any market it has entered.”
“Their opening has not been a home run by any sense. They will get some things wrong, but they are a very intelligent bunch and will tweak their formula over time," Mark Husson, a retail analyst in New York for HSBC Securities, tells the Monitor. "The things they have got right are good fresh food at good honest prices in a much more convenient location than a traditional supermarket.”
And Simon Uwins, Fresh & Easy’s chief marketing officer, tells the paper “that first-month customer ratings have been higher than Tesco has experienced in any market it has entered.”
- KC's View: