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Who's Buying Fresh & Easy?

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It looks like Tesco may have found a potential buyer or buyers for its Fresh & Easy division. Our sister publication, Supermarket News, reports that Tesco CEO Philip Clarke plans to arrive in the U.S. for negotiations next week.

Supermarket News identifies Trader Joe's, Aldi or a consortium of real estate companies, like the one that bought Supervalu, as the most likely buyers for Fresh & Easy. According to some industry sources, one of the biggest reasons for Tesco's failure in the U.S. market has been its questionable site selection strategy.

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Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
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