Pets at Home
This coverage examines Pets at Home’s operations and strategy within the UK retail sector, highlighting store performance, veterinary services, product offerings, and customer engagement initiatives. Reporting focuses on management decisions, financial results, and market positioning, providing insights for retail executives, managers, and professionals tracking trends in pet care and specialist retailing.
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May- 2022 -25 MayHigh Street
Pets at Home reports record year as profits surge
Pets at Home has reported that its underlying pre-tax profits have surged 65.3% to £144.7m for the year to March 2022. Retail revenue grew by 18.5% after store and online sales rose by 17.7% and 18.4% respectively. The company also reported a total group revenue growth of 15.3% to £1.3bn,…
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Feb- 2022 -7 FebruaryPeople Moves
Pets at Home appoints new CEO
Pets at Home Group Plc has announced the appointment of Lyssa McGowan as group chief executive officer, effective from 1 June 2022. In her new role, McGowan will succeed Peter Pritchard, who announced his intention last November to step down from his role in summer 2022, and he will remain…
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Jan- 2022 -26 JanuaryHigh Street
Pets at Home ups profit guidance to £140m
The Pets at Home Group has reported its total group revenues grew by 5.8% to £319.4m over the 12 week period from 8 October to 30 December 2021, and the group has now upped its full year pre-tax profits forecast to £140m for FY22. Despite supply chain pressures, group like-for-like…
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Nov- 2021 -23 NovemberHigh Street
Pets at Home sees H1 profits grow to £70.2m
Pets at Home has revealed that for the 28-week period ending 7 October 2021, pre-tax profits grew 77.2% to £70.2m from £39.6m the previous year. Total group revenue rose 18% to £677.6m from £574.4m in 2020 and was boosted by the continuing increase in active customers. Meanwhile retail sales jumped…
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3 NovemberNews
Pets at Home CEO to step down
Pets at Home has announced that Peter Pritchard, after eleven years in the business, intends to step down from his role as CEO and director of the company next summer. This follows the “successful turnaround” of the business, in which he developed the group’s pet care plan in support of…
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Oct- 2021 -13 OctoberHigh Street
Holland & Barrett to close stores on Boxing Day
Holland and Barrett is the latest store to announce plans to close all its stores in the UK and Ireland on Saturday, 25 December and Sunday, 26 December 2021, as a “thank you to colleagues for their efforts during the pandemic”. It follows in the footsteps of Morrisons, Marks and…
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Aug- 2021 -25 AugustProperty
Ediston Property acquires Springkerse Retail Park for £22.85m
Ediston Property Investment Company has announced that it has acquired Springkerse Retail Park, Stirling, Scotland, for £21.85m, in an off market transaction. The price reflects an initial yield of 9.54% and was purchased from clients of LaSalle Investment Management. The Stirling Council area has a population of just under 100,000…
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11 AugustSupermarkets
Morrisons to close on Boxing Day for the first time ever
Bosses at Morrisons have told staff they can have Boxing Day off this year as a thank you for their hard work during the Covid-19 pandemic. The supermarket made the announcement to its 111,000 workers today. The news comes just weeks before the conclusion of a takeover battle that will…
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9 AugustShopping Centres
Kirkstall Bridge shopping park sold for £25.2m
LondonMetric Property has announced that it has sold its retail park, Kirkstall Bridge shopping park, for £25.2m to a UK institutional investor. The 120,000 sq ft shopping park was originally developed by the group in 2015 after acquiring the site in 2011. Following the recent re-letting of a 21,000 sq…
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Jul- 2021 -29 JulyHigh Street
Pets at Home sees sales soar to £377.8m
Pets at Home has seen its first quarter revenues grow 25.7% to £377.8m as the retailer continues to witness a “strong sales momentum”. In the 16 weeks to 25 July, the retailer saw like-for-like revenue up 30.2%, or 29.4% on a two-year basis, which it said reflected “continued strong growth…
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