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Some Fresh & Easy Stores To Close Under New Owner

Screen Shot 2013-09-10 at 2.44.43 PMSome Fresno/Sacramento Locations To Close –
SLO / Lemoore  & Reedley To Remain Open

UK-based Tesco has announced it is selling the Fresh & Easy business to The Yucaipa Companies LLC – sold as an operating business and  preserving some 4000 jobs. Some 150 stores will be acquired out of 200 operating locations that employ 5000 people.
The sale is expected to take three months.
Employees at the Lemoore store in Kings County say they were informed they would keep the doors open as well as Reedley as did employees at the San Luis Obispo store. Newspapers reported several Fresno stores would close as will some in Sacramento and LA.
Yucaipa will keep about 150 of the California-based Fresh & Easy’s stores as well as its Riverside distribution and production plants.
LA based Yucaipa president Ron Burkel said “We plan on continuing to build Fresh & Easy into a next-generation convenience retail experience, providing busy consumers with more local and healthy access for their daily needs.”

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