• Retail Week reports that Tesco’s Fresh & Easy division in the US has gotten an unlikely endorsement – from Walmart CEO Lee Scott, whose own company is creating a small store format, Marketside, to compete with Tesco’s US entry.
According to the story, “Scott said he had heard mixed reports about how Fresh & Easy was faring, but that he was convinced the business would perform well. He said: ‘The thing that bothers me is Tesco is a very good retailer. I have a lot of faith that they will find their direction and it is something we need to pay attention to’.”
According to the story, “Scott said he had heard mixed reports about how Fresh & Easy was faring, but that he was convinced the business would perform well. He said: ‘The thing that bothers me is Tesco is a very good retailer. I have a lot of faith that they will find their direction and it is something we need to pay attention to’.”
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