-
Kroger Southwest looks to reduce energy use by 50%
Houston -- Kroger Southwest on Thursday said it plans to lower energy usage by 50% -- an average decrease of 2% to 4% annually -- during the next five years. Since 2000, the company has reduced energy consumption in its stores by 30%.
In its ongoing effort to reduce usage, Kroger Southwest appointed a task force of energy-conservation technicians whose sole focus is to identify ways stores can operate more efficiently.
-
Tesco annual profit up, losses continue at Fresh & Easy
New York City -- Tesco PLC said Tuesday that its profit rose 14% to $4.3 billion in its most recent fiscal year ending Feb.26, while annual group sales increased 8% to almost $106 billion. However, losses continued to mount at its U.S. division, Fresh & Easy Neighborhood Market, which lost about $302.6 million. The division, which opened its first stores in 2007, now has 172 locations. It has yet to post a profit.
Tesco remains committed to Fresh & Easy, and said it is ramping up expansion, with about 50 stores on tap for this year.