In This Issue
Premium pet retailer to expand with 10 new stores
PetQuip Awards 2023 finalists revealed
Who made it on to the finalist list?
250+ reasons to visit the biggest-ever PATS Telford
What makes PATS Telford so special?
Company of Animals triumphs with World Branding Award
Pedigree Wholesale launches new website
Cruelty-free pet care brand launches senior treats range with innovative vegan supplement for joint support
Get your own copy of Pet Trade Xtra
GRP enters pet market following acquisition of specialist broker
Stockist of CSJ products is two-way winner
Mr Bug adds mealworm ‘superfood’ seasoning shaker to range
The best of last edition of Pet Trade Xtra
Online pet retailer opens in-person store
Indoor dog park is huge success for pet store
Pets at Home reports rise in revenues
TV celebrity Melinda Messenger opens new pet store
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Pets at Home reports rise in revenues

 

Pets at Home saw revenues rising 10.2% to £568.2m, as the animal care brand was bolstered by new store openings. 

 

The pet store, which operates 453 sites across the UK, said that total group revenue reached £436.8m, up 7.9% when compared to last year.

 

Pets at Home opened two new shops during the first quarter and also refurbished nine stores in its portfolio.

 

The business also increased development of its digital platform, remaining on track to launch a new consumer app and website later this year. 

 

In June the business launched a £50m share buy back scheme, which it said at the time was to reduce its share capital. It is on track to be completed in September.

 

Chief executive Lyssa McGowan, said: “The quality of our growth has remained strong as we grew transaction volumes and continued to acquire new consumers at an impressive rate, as our compelling value, range and service continues to resonate with consumers.”

 

“It has also been a quarter of steady delivery against our strategic plan we set out in May. We have expanded and enhanced our physical estate, made good progress in the development of our digital platform, and continued the transition to our new distribution facility, as we execute on our ambition to build the world’s best pet care platform.”

 

Pictured: Pets at Home unveiled its Bristol Emersons Green pet care centre last month after an extensive refurbishment, following the launch of the company’s new brand identity.

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