Pets at Home has today announced its end-of-year figures which show a 7.1% increase in sales, taking the total volumes to £544.3m compared to £508.2m in 2011. But operating profits have decreased by 2.4% to £77m...
“In a year of significant capital and revenue investment and against a challenging economic and retail background it is extremely pleasing to report further growth in turnover and profit," said Chief Executive Nick Wood.
During the course of the year Pets at Home invested significantly in building the foundations for future growth, opening 32 new stores, commissioning its second distribution centre, establishing a global sourcing operation in Hong Kong and enhancing both its product offer and in-store experience...
It hasn't all been good news for Pets at Home this year. Back in September the BBC's consumer Watchdog programme exposed serious cases of poor animal care at several Pets at Home stores...
