Calling the shot

I see a quick scan of the headlines related to Tesco this morning reveals several headlines with similar themes.

Tesco hits back at U.S. skeptic

Tesco denies claims of U.S. failure

Tesco decides against releasing sales figures for U.S. business

From Thompson Financial:

One of America's most influential commentators on the grocery market has unveiled a list of criticisms of Fresh & Easy, Tesco's US operation, in his blog, accusing the business of failing to know what its customers want, mismanaging stock, and not living up to its green credentials, the report says.

TK: Jim is a little early in on his rush to judgement with Tesco, but this highly publicized dust up promises more scrutiny of the early momentum for Fresh & Easy in the U.S. In any case, we'll see have to wait until next year for sales figures from Tesco's U.S. stores.