Are we soon going be saying goodbye to "Fresh & Easy?" The grocery chain is reportedly on the way out.
Fresh & Easy opened up 200 stores in Arizona, California and Nevada five years ago just as the economy was in a free fall.
The company has spent $1.6 billion on the concept, but so far, hasn't seen one penny in profit, and that means they are looking to get out of the grocery business.
Fresh & Easy Neighborhood Markets took the valley by storm when the British company Tesco decided to jump into the U.S. supermarket business back in 2007.
The company set up shop in neighborhoods all over Arizona, and at first it looked like it was a winning formula.
"We were so excited when this store opened up. I mean everyone in this neighborhood uses this store. Everybody I know," says shopper Marcy Steele.
"They are a little bit more expensive than a lot of other places - and I think that has something to do with it, and I think it took some time for them to catch on but they are certainly more convenient," says Kirstin Lundin.
But the business has never turned a profit, and many stores never opened - or closed down after a short run - like one in Glendale.
Now the company says it wants out of the U.S. grocery business and is looking to sell or possibly close all 200 locations.
"But if you come here at 8 o'clock at night or when everyone's getting off work - you can't even find a parking space. This is a very popular store," says Steele.
Aman Gill shops here all the time, but thinks the company was too ambitious.
"And they expanded I think a little too quick. They opened a ton of stores all at once, maybe they should have eased their way into the market and seen - hey this is where it works, and this is where it doesn't," he says.
Tesco says it is looking at all options, including selling Fresh & Easy stores or closing them all down - which would mean thousands of people would lose their jobs.
A big job fair will take place Monday and dozens of positions need to be filled. One of the companies participating in the event is Go Daddy and they don't take part in these fairs often.
A big job fair will take place Monday and dozens of positions need to be filled. One of the companies participating in the event is Go Daddy and they don't take part in these fairs often.
It's been a week since Amy and Samy Bouzaglo's bistro was featured on the FOX hit show. It showed them yelling at Chef Gordon Ramsay, at their customers, and even at their employees.
It's been a week since Amy and Samy Bouzaglo's bistro was featured on the FOX hit show. It showed them yelling at Chef Gordon Ramsay, at their customers, and even at their employees.
Some of Arizona's top business experts say jobs and home prices are slowly rebounding, but the state has a long way to go and federal budget cuts aren't helping.
Some of Arizona's top business experts say jobs and home prices are slowly rebounding, but the state has a long way to go and federal budget cuts aren't helping.
One week from now, the Jodi Arias murder trial should be in the hands of the jury. Even though the trial has lasted four months now, the interest in it is still high with a lot of people across the country.
One week from now, the Jodi Arias murder trial should be in the hands of the jury. Even though the trial has lasted four months now, the interest in it is still high with a lot of people across the country.
The U.S. Department of Agriculture says a Louisiana-based meat packing company has expanded a recall of meat products because of possible bacterial contamination.
The U.S. Department of Agriculture says a Louisiana-based meat packing company has expanded a recall of meat products because of possible bacterial contamination.
It used to be doctors made house calls. Those days are long gone -- or are they? A Scottsdale company called "Stat Doctors" is pioneering a way for doctors to make virtual house calls.
It used to be doctors made house calls. Those days are long gone -- or are they? A Scottsdale company called "Stat Doctors" is pioneering a way for doctors to make virtual house calls.
Monday, May 20 2013 10:42 PM EDT2013-05-21 02:42:18 GMT
Omar Morales feels lucky to be here for his son Joshua's 10th birthday on Monday. Morales was one of the passengers on board a USAir flight that made an emergency landing at Newark Liberty.
Omar Morales feels lucky to be here for his son Joshua's 10th birthday on Monday. Morales was one of the passengers on board a USAir flight that made an emergency landing at Newark Liberty.
Monday, May 20 2013 10:28 PM EDT2013-05-21 02:28:23 GMT
After Assemblyman Vito Lopez resigned over claims of serial sexual harassment of female staffers, attention turned to whether powerful Assembly Speaker Sheldon Silver should continue his leadership.
After Assemblyman Vito Lopez resigned over claims of serial sexual harassment of female staffers, attention turned to whether powerful Assembly Speaker Sheldon Silver should continue his leadership.
Monday, May 20 2013 7:05 PM EDT2013-05-20 23:05:15 GMT
A private country club opened its golf course to the public for a charity tournament to raise money for Superstorm Sandy relief. The Westlake Golf and Country Club in Jackson hosted the event on May 13,
A private country club opened its golf course to the public for a charity tournament to raise money for Superstorm Sandy relief. The Westlake Golf and Country Club in Jackson hosted the event on May 13,
Monday, May 20 2013 6:30 PM EDT2013-05-20 22:30:03 GMT
Repair work on tracks that were damaged in last week's train collision has progressed quickly enough that the MTA predicts restoring full service along the New Haven line by Wednesday morning.
Repair work on tracks that were damaged in last week's train collision has progressed quickly enough that the MTA predicts restoring full service along the New Haven line by Wednesday morning.
Monday, May 20 2013 6:05 PM EDT2013-05-20 22:05:22 GMT
A spate of hate-fueled attacks on gay men in New York, including a killing in the heart of one of its most gay-friendly neighborhoods, is stirring up anxiety, disbelief and outrage.
A spate of hate-fueled attacks on gay men in New York, including a killing in the heart of one of its most gay-friendly neighborhoods, is stirring up anxiety, disbelief and outrage.
Monday, May 20 2013 5:32 PM EDT2013-05-20 21:32:24 GMT
As a family prepared for the funeral of a Hofstra junior killed by a cop's bullet during a standoff with an armed intruder, questions remain about how police handled the situation.
As a family prepared for the funeral of a Hofstra junior killed by a cop's bullet during a standoff with an armed intruder, questions remain about how police handled the situation.
