Some of the world's largest retailers have agreed to a first-of-its-kind pact to improve safety at some of Bangladesh's garment factories following a building collapse that killed more than 1,100 workers in the country last month. Read More
Five years after making an ambitious push into the U.S. grocery market, the future of Fresh & Easy is unclear — and that’s not good news for the communities it serves in San Francisco.
On Wednesday, U.K. parent company Tesco announced that it is seeking a buyer for the grocery chain or that it could close the 200-store operation employing 5,000 people. Citing lackluster growth, Tesco said Fresh & Easy “will not deliver acceptable shareholder returns on an appropriate timeframe.”