In fact, the fate of the entire 199-store grocery chain is up in the air after the company’s British owner, Tesco, said it is considering shutting down the money-losing business. “It’s likely, but not certain, that our presence in America will come to an end,” Tesco CEO Phillip Clarke told the Wall Street Journal at Fresh & Easy’s El Segundo headquarters. Earlier this year, contractors working for Fresh & Easy began pulling permits to begin the process of converting the former Save A Lot store in Echo Park into a new market.
A spokesman for Fresh & Easy on Tuesday said he had no updates about the Echo Park outlet, which would operate next to a Walgreens on Sunset Boulevard.
The British company’s decision to look at possibly shutting down or getting rid of its U.S. operation also threatens the future of the Fresh & Easy store in Glassell Park, one of the chain’s first outlets to open in the Los Angeles area.