Persistence is
admirable. Sometimes. So news of Tesco’s return to the USA could be
encouraging. Whilst limiting their risks by adopting a franchise model, Tesco seemingly eschew the learnings from Fresh & Easy, taken on-board by Sir Terry Leahy
and B&M, and will open F&F as a new US chain, starting in Boston, rather than buying an
incumbent.
Curiously, Tesco appear
to have locked themselves into a rather strange naming process: First came
Fresh and Easy (F&E), now comes F&F. Give it eighteen months there is a
reasonable possibility we will see the emergence of F&G.....??