Sales on the up at Pets at Home
9th August 2017
After a disappointing 2016, sales are up at Pets at Home.
The company posted a 5pc rise in sales to £256.5m for the 16 weeks to July 20, as reported by The Telegraph . As a result, shares in the company leapt by eight per cent.
We are a nation of animal-lovers, but it is easier to pick up pet supplies in the supermarket, particularly if they are noticeably cheaper than the pet shop. Pets at Home was particularly concerned it was losing sales to discount retailer, B&M Bargains, so has lowered prices across its range.
The company has also focused on the growing demand for pet grooming and veterinary services, with plans to open a further 10 superstores, between 40 and 50 vets practices and the same amount of grooming salons.
Pets at Home has stores in Cheltenham, Gloucester and Cirencester.
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