LONDON (AP) — Tesco PLC, Britain's largest supermarket operator, says it is looking to sell its U.S. operations after failing to make an impression over six years.
Tesco said Wednesday that net profit for the year dropped 96 percent to 120 million pounds ($183 million) following a 1.2 billion pounds ($1.8 billion) writedown to exit its Fresh & Easy brand in the United States.
Fresh & Easy has nearly 200 stores in California, Arizona and Nevada.
Tesco says it is also leaving Japan and taking a more measured approach to growth in China.
Chief Executive Philip Clarke told the BBC that the decision to leave the United States was right for shareholders and that the company was looking for a single buyer in the hope of securing jobs.
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The Austin Humane Society reopened to the public Friday after closing its doors for six weeks.
The freezing and near-freezing rain that swooped into Central Texas overnight prompted numerous school closings and delays and made for a harrowing morning commute on Friday.
A man is charged with murder in the shooting death Wednesday of a woman at a North Austin auto repair shop, police said Friday.
A man is expected to survive after being stabbed in the head at the Salvation Army shelter in Downtown Austin at about 3:45 a.m. Friday.
It's the first criminal charge following a yearlong criminal investigation into the Cancer Prevention and Research Institute of Texas.
With freezing temperatures pushing through the region, heating systems will likely be working overtime, which can bring rising energy bills.