date:Jan 14, 2013
Despite Tescos potential plans to sell Fresh Easy, earnings for the U.S. grocery chain rose over the holiday season.
Total sales for Fresh Easy rose 4.1 percent for the six weeks ending 5 January, while Tescos overall group sales increased 3.8 percent for the six weeks. The performance was driven by a further improvement in our food business in-store and a strong contribution from online, which included our biggest ever week for Internet sales, said Philip Clarke, chief executive of Tesco PLC