Fresh & Easy is Retreating
From It’s British Invasion: So What’s
the Big Deal?
After taking a $1.8 billion hit
(yes! Billion!) England’s Fresh and & Easy is closing its doors in California, Nevada and Arizona. The significance? Well,
we could have a discussion of the 5,000 jobs that are to be terminated but there is a
more dire issue that needs to be digested.
Some might think there is no real impact of
its closed doors; after all, it certainly was no Whole Foods (before we learned about the CEO’s philosophies and politics). The digestion is this: