Tesco moves on post-Dobbies

Tesco has promised a "greater focus on our core businesses" after selling Dobbies Garden Centres and the Giraffe restaurant chain, plus the proposed sale of Harris + Hoole to Caffè Nero.

Chief executive Dave Lewis said: "Together, these sales allow us to place even greater focus on our core UK business."

Tesco's first quarter trading statement, issued on 23 June, saw group like-for-like sales growth of 0.9 per cent.

Tesco sold Dobbies for £217m in June to Andrew Bracey's Midlothian Capital Partners and Hattington Capital, which is led by Barney Burgess, who ran Tesco.com for five years.

Tesco bought the Dobbies chain for £155.6m in 2007 and doubled its size with new builds to 35 centres.

Lewis said: "We do believe this agreement will give Dobbies a bright future, while allowing our UK retail business to focus on its core strengths."

Hattington has invested in student properties and Crussh juice bars.

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