Tesco to Scale Back on Fresh & Easy Expansion

London Tesco plans to scale back on the roll out of its U.S.-based Fresh & Easy concept due to the difficult economic climate.

Tesco planned to have 200 Fresh & Easy Stores across California, Nevada and Arizona by February 2009. However, the goal has now been pushed back until next November 2009. The company cited the state of the economy for the decision, not due to store performance.