Business & Economy

Fresh & Easy closes 50 stores in California, Arizona, Nevada

A customer leaves a Fresh and Easy grocery store on April 18, 2013 in San Francisco, California.
A customer leaves a Fresh and Easy grocery store on April 18, 2013 in San Francisco, California.
Justin Sullivan/Getty Images

Fresh & Easy is closing about 50 stores in California, Arizona and Nevada in the coming weeks as the grocery chain pursues a new business model.

The company said Sunday that by selling the stores, it can invest in new fresh food convenience stores.

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.

Fresh & Easy said the service will serve as a test for a wider rollout.