In This Issue
New pet store concept from Kennelgate
Connolly’s Red Mills – Go Native range of grain-free dog food, treats and dental superfood sticks
Excitement builds as PATS Telford gets set for epic show
Judging of 2018 PetQuip Awards takes place
Britain tops the polls for pet friendly places
Garden centre puts up the 'dogs welcome' signs
British brand Laughing Dog launches new cat food range
Pets at Home raises £50,000 for The Alzheimer’s Society
Ceva launches new fireworks marketing and display pack
Pawdacious new pet food has much to purr and bark about
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Pet shop owner issues appeal after snakes found roaming free
Moggy mad Brits spend £7.9bn a year on pet cats
RSPCA to showcase extensive range of products
National Champion for the fifth time
Microchip offence dog owner fined
Pets at Glee to showcase more products than ever before
25-year pet industry veteran launches new company: Dubbelman Consulting
The best of the previous Pet Trade Xtra
Pets at Home sales rise as new boss brings down prices
Cheap cat food is no better than feeding it a McDonald's
Row over 'Dogs Allowed' trial at RHS garden
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Pets at Home sales rise as new boss brings down prices
 

Pets at Home has benefited from a lift in sales after it brought down prices to compete with online rivals.

 

On a like-for-like basis, retail sales were up 6.1% while vet sales grew by 13.6%.

 

Pets at Home has been lowering prices to drive higher sales and has been expanding its vet services business, which chief executive Peter Pritchard has described as one of the “biggest opportunities” for the firm.

 

Stock had been heavily shorted this year, and its share price almost halved between October 2017 and August.

 

However, following the results update, the chain’s shares jumped by more than 12%.

 

“The product price gap between Pets at Home and online rivals has halved in the last 18 months, helping improve brand loyalty and deterring consumers from switching to discounters or supermarkets,” said Fiona Paton, retail analyst at Global Data.

 

“The ‘easy repeat delivery’ subscription service, allowing customers repeat delivery of perishable pet goods across approximately 350 products, is an added way to defend against online competition.”

 

Mr Pritchard said: “I am really pleased with our start to the year, particularly as trading across both retail and the vet business has been consistently strong.

 

“But I believe we need a sharpening of focus to become a business that will continue to win over the long term, where it is essential that we maximise our assets and data as an integrated pet care business and reinvigorating the customer experience in-store becomes key.”

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