- My Account
- Logout
- Register
- Login
Tesco winning fans in America
Related Articles
13 May 2008
The chain has been criticised by analysts, and Tesco suspended new openings for a time in March to give staff "time to kick the tyres".
But consultants Execution Research interviewed 700 customers outside stores in Los Angeles, Las Vegas and Phoenix and found a strong positive reaction to the chain.
"Fresh & Easy is the new cult retailer," the firm said. "At the risk of doing the job of Tesco's public relations department, F&E is already an incredible success story."
Some analysts had claimed that Tesco's £250 million-a-year investment in the US was far from successful. One of the most vociferous critics, Mike Dennis at Piper Jaffray, claimed the chain had a "negative feel, too different or ahead of its time".
But Execution found shoppers rated the chain ahead of both Trader Joe's and Whole Foods in terms of freshness, and even beat Wal-Mart for value for money.
Execution said that it expects shopper numbers to grow from the current 20-30 per hour as brand awareness increases.
Comments
Top stories in Business
Top stories in Business
-
London gets ready for the Diamond Jubilee - in pictures
-
EXCLUSIVE: I won't play with Joey Barton, says Adel Taarabt
-
Diamond Jubilee: Boat by boat, here is where to watch the Queen's Thames flotilla - VIDEO
-
Duchess of Cambridge is pretty in pink at her first Buckingham Palace garden party
-
News pictures of the day
-
London 2012 Olympics: Raising the bar and the Games haven't even started yet. Price of toasting Team GB is £6 a pint! -
Timebomb ticking in Thames Estuary could put Boris Island plans in jeopardy -
Duchess of Cambridge is pretty in pink at her first Buckingham Palace garden party
-
‘We will form a human barricade to keep missiles off our homes’
-
Regent’s Park rapist: Teenage jogger assaulted by stranger in terrifying 7am attack
The O2
Check out the cool stuff happening under our tent such as the hottest gigs, comedy, sport, films, clubs, bars, restaurants and much more.
A home to be proud of with Halifax
Download the Halifax's brilliant, free new Home Finder app, and take all the pain out of finding your dream home.
Can you imagine a career in teaching?
Be inspired to teach - let real teachers show you how rewarding the job can be.
Playing a game-changing role during the Games
Cisco is providing the solutions for London 2012's complex IT needs.
Win a Silverstone track day with Zantac 75
Feel the burn of a different kind - 20 Silverstone motoring experiences to be won
Celebrate with MARTINI®
This weekend toast one royal with another and make your Jubilee sparkle with a MARTINI Royale.
Reader Offers email A fantastic selection of
offers, giveaways and
promotions.
Why I think doctors are right to strike
Family pay tribute to the London man who gave his life to save a five-year-old girl from drowning
Eton schoolboys fly Games flag on Everest
Horror on the 5.53! Commuter dragged 200 feet after getting hand trapped on train
Shrimpy's - review