date:Dec 21, 2012
ell behind rival Sainsbury's, which recently reported a 1.7% increase and has been gaining market share.
Despite the gloomy trading news, Tesco shares jumped 4% on Wednesday morning to 340p as analysts welcomed the US move.
Unions in the US expressed anger over the fate of Fresh Easy, which they said could have been avoided. Pat O'Neill, United Food and Commercial Workers union vice-president, said: Thousands of Tesco workers at Fresh Easy stores in the US now face their holiday season fille