Fresh & Easy to shut down operations

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.
Fresh & Easy

LOS ANGELES — Fresh & Easy announced Wednesday that it was closing its business but holding out hope for a buyer.

The grocery chain has struggled for years in Southern California, Los Angeles Times reported.

A spokesperson for the El Segundo chain, Brendan Wonnacott, said the company was starting “the process for an organized wind-down.” According to Wonnacott, the chain doesn’t have enough cash and wasn’t able to obtain financing to continue operations. This is despite the company’s progress over the last couple of years that has moved it “closer to break even.”

The company operates 97 stores in California, Nevada and Arizona.

Over the next few weeks, stores are being liquidated and closed, and layoffs are starting in the corporate office next week, according to a person with knowledge of the situation who is not authorized to speak publicly. Three thousand employees have received the state-mandated “WARN Act” layoff notices.

The company has struggled since it opened in 2007. The chain was British supermarket giant Tesco’s first venture into the United States. The new company was billed as a European version of Trader Joe’s, offering an assortment of groceries, fresh products and ready-made meals.

The chain grew to 200 locations but was always unprofitable. In 2013, Fresh & Easy filed for Chapter 11 bankruptcy protection.

Read the full story on


  • TimothySMalone

    Look Here Now…my friend makes $87 /hr on the computer ” He has been laid off for six months but last month her income was $19662 just working on the computer for a few hours. Get More Info➜➜➜➜➜➜► Go~To~This~Page

Comments are closed.

Notice: you are using an outdated browser. Microsoft does not recommend using IE as your default browser. Some features on this website, like video and images, might not work properly. For the best experience, please upgrade your browser.