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Goodbye Fresh & Easy?

The British-based grocery chain prepares to pull the plug on its 199 U.S. supermarkets. Offers to buy the chain are already surfacing.

Fresh & Easy stores in California and beyond will soon be sold or closed, according to a report in the Wall Street Journal.

Owned by Britain's Tesco, the 199-market grocery chain never quite caught on with American consumers.

Analysts said the recession was partly to blame—Fresh & Easy debuted in California, Nevada and Arizona in 2007, just as the economy was tanking. But, ultimately, shoppers didn't warm to the concept.

"Though it attracted a small group of loyalists, Fresh & Easy largely failed to capture the imagination of American consumers who proved unaccustomed to British-style ready meals, self-service cash registers and unfamiliar store layouts," the Journal wrote.

Tesco's CEO told the paper: "It's likely, but not certain, that our presence in America will come to an end."

Offers to buy all or part of the chain are already trickling in, according to a report in the Los Angeles Times.

Catryna White December 05, 2012 at 11:17 PM
Too bad, it was a great concept.
Nicole Ward December 06, 2012 at 12:21 AM
So disappointing. I was hoping one was coming our way!
Belinda Rachman, Esq. December 06, 2012 at 03:47 PM
I LOVE their prepared pesto and focaccia dough!!!! They have fantastic bargains! Heart sick!!!!

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