Feedback
Business

West Coast Grocery Chain Fresh & Easy Will Close Its 97 Stores

TORRANCE, Calif. -- Fresh & Easy will shutter its 97 remaining stores in California, Arizona and Nevada and cease operations after nearly a decade of struggling to catch on with consumers.

The Daily Breeze newspaper reports the grocery chain, headquartered in Torrance, announced Wednesday that all 3,000 of its employees will be laid off.

How to Lower Your Grocery Bill 2:05

The company closed about 50 stores in March.

Fresh & Easy made a big splash when it opened in 2007, backed by British supermarket giant Tesco, which saw an opportunity to enter the U.S. market.

Image: A customer leaves a Fresh and Easy grocery store in San Francisco
A customer leaves a Fresh and Easy grocery store on April 18, 2013, in San Francisco. Justin Sullivan / Getty Images, file

California-based The Yucaipa Cos. bought the chain out of bankruptcy in 2013.

The Daily Breeze said layoffs are expected to begin a week from Friday.