Tesco continues to offload assets in turnaround plan

Restaurant chain and Turkish business are sold

Giraffe chain sale part of Tesco turnaround plan Pic: Getty

Tesco has confirmed it is to sell the Giraffe restaurant chain to Harry Ramsden owner Ranjit Boparan and also offload its Turkish operations as the supermarket continues to sell off underperforming assets.

The disposals represent a continued shift in strategy underchief executive Dave Lewis, who is attempting to turn Tesco around after years of decline under previous management.

Mr Boparan, the boss of Fox's Biscuits, and Goodfella's pizza owner 2 Sisters, will pick ...