LOS ANGELES -- Fresh & Easy is closing about 50 stores in California, Arizona and Nevada in the coming weeks as the grocery chain prepares to pursue a new fresh-food convenience-store concept, according to a report by the Associated Press.
The company said Sunday that by selling the stores, it can invest in the new strategy.
Los Angeles-based The Yucaipa Cos. bought the chain out of bankruptcy in 2013 from British retailer Tesco.
Since that time, the company gradually changed the stores' look and introduced a new "click and collect" service in Las Vegas that allows shoppers to buy online and pick up the purchased items at the store, AP reported.
Fresh & Easy said the service will serve as a test for a wider rollout.
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