Tesco purchase Giraffe Restaurants
Tesco have made the cross over in to the hospitality market with the purchase of the casual food chain Giraffe for £50million. The deal will see Tesco take control of the 47 restaurants with the aim to provide customers with a well known brand in store. This is the latest purchase by Tesco who are currently undergoing a modernisation programme.
Part of the modernisation is not only offering improved hospitality and catering, but also re branding its ranges like Tesco Value and improving the “plastic” feel of the stores. A Tesco statement told Sky News: "The acquisition forms part of Tesco's ... (Read more)







