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Article updated: 12/5/2012 7:15 AM

Tesco reviewing slow-growing US operation

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Tesco, Britain's biggest retailer, said Wednesday it is reviewing options for its slow-growing U.S. venture Fresh & Easy. Tesco launched the venture in 2007, and now has 200 stores in California, Arizona and Nevada. But the business has not done as well as hoped. The company said it had recently received several approaches from potential buyers or partners in Fresh & Easy, whose chief executive, Tim Mason, will be leaving.