British supermarket chain, Tesco has said on Wednesday that it might sell its Fresh & Easy food shops in the United States after the unit was unable to achieve targets.

Tesco said that it is considering various options for the unprofitable Fresh & Easy food shops and it also said that the company has been approached by various interested parties for the entire or parts of the company in recent months. Tesco also said that it might look at partnering other companies in the venture.

"It is now clear that Fresh & Easy will not deliver acceptable shareholder returns on an appropriate timeframe in its current form," Tesco said.

Tesco started focusing at the UK market with an investment of $1.6 billion to boost its business in the country after it faced criticism that its international expansion in the US has not been successful. Some believe that German discount supermarket chain, Aldi Group might be interested in acquiring entire or parts of Fresh & Easy food shops business in the US from Tesco.

The company also said that Tim Mason, who is working as the chief executive of Fresh & Easy, will leave the company.