“The chain employs about 5,000 people and has about 200 stories in Arizona, California and Nevada but failed to make money despite extensive research into what Americans wanted to buy – and how they want to shop.”
Tesco to sell Fresh & Easy supermarket chain [AP via ABC7]

“As of today, 420 Starbucks shops around the Bay Area will carry a selection of baked goods from La Boulange, San Francisco’s very own homegrown bakery-cafe.”
Pascal Rigo dishes on what’s in store for La Boulange [Biz Times]

“Rob brings a unique combination of creative energy, entrepreneurial spirit and business savvy to the table”
H|L appoints Rob Bagot as CCO and Partner [Egotist]

“Over the next five years, key to our continued success will be pushing the envelope further to make shopping seamless to customers through our digital strategy, while seizing the opportunity for Old Navy in many untapped international markets.”
Gap to franchise Old Navy [Biz Times]

“Just in the final three months of 2012, the $63 billion bank boosted small business lending 50 percent from the same period a year earlier”
Bank of the West more than triples small business lending over 3 years [Biz Times]

the author

Eve Batey is the editor and publisher of the San Francisco Appeal. She used to be the San Francisco Chronicle's Deputy Managing Editor for Online, and started at the Chronicle as their blogging and interactive editor. Before that, she was a co-founding writer and the lead editor of SFist. She's been in the city since 1997, presently living in the Outer Sunset with her husband, cat, and dog. You can reach Eve at eve@sfappeal.com.

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