But at least one retail expert said the end is near for Fresh & Easy.
“I think eventually they’ll pull out,” said Philadelphia-based independent retail expert Scott Testa. “They’ll probably find a buyer.”
But the stores didn’t make the kind of money its parent company wanted to see. Fresh & Easy entered an incredibly competitive environment, Testa said.
“This grocery business is a tough, tough business,” he said. “Margins are small.”
Signs of the retailer’s struggle were evident in the Valley.
The company closed the Fresh & Easy at Cedar and Shields avenues in January, part of at least two rounds of store closures companywide.
- Fresh & Easy could exit Valley (fresnobee.com)
- Quoted – Fresh & Easy stores could pull out of Valley – Fresno Bee (scotttesta.com)