#Tesco may close Fresh & Easy Neighborhood Markets in U.S.

Tesco PLC will launch a review of its Fresh & Easy Neighborhood Markets in the U.S.

Tesco CEO Philip Clarke is expected to announce that Tesco will undertake a strategic review that could lead to the sale or closure of some or all of its U.S. stores. venture as its CEO attempts to convince investors that he has a credible strategy to boost the British retailer’s fortunes,.

Investment bankers have been appointed to assist with the review, which is expected to take several months, according to reports from Sky News.