All Pets at Home articles
Pets at Home is the largest specialist pet supplies retailer in the UK. It has a nationwide network of more than 450 superstores offering a one-stop-shop for pet-related products and services. Since opening its first store in Chester in 1991, the business has boomed – it acquired Petsmart UK in 1999. The retailer is listed on the London Stock Exchange and in the FTSE 250 index.
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Retail Navigator Analysis
Pets at Home (Financials)
Group revenue in the 52 weeks to 28 March 2024 (FY2023) increased by 5.2% year on year to £1.48bn. Total revenue comprised £1.33bn (+4.0%) from Retail (including products bought online and in store, pet sales, grooming services and insurance products) and £146.5m (+16.8%) from its veterinary business, the Vet Group, (including general practices and the veterinary telehealth business).
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Article
Pets at Home boss: we must look at ‘every lever’ to mitigate budget costs
Pets at Home boss Lyssa McGowan told Retail Week that the business would have to consider “every lever” as it looks to mitigate new costs imposed on retail by the Budget.
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News
Pets at Home reveals Budget costs hit and lowers profit guidance in ‘subdued’ market
Pets at Home has disclosed the additional cost burden it must bear following the recent Budget and lowered profit expectations amid difficult trading conditions.
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News
Peel Hunt downgrades profit forecasts for six retailers due to Budget impact
Investment bank Peel Hunt has downgraded its profit forecasts for six retailers, including struggling fast fashion player Boohoo and cycling and motoring specialist Halfords, due to the effects of changes to national insurance made in the recent Budget.
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Innovation of the Week
Pets at Home has partnered with Microsoft to implement AI for profit protection
Innovation of the Week is a series highlighting retail initiatives that have caught the eye of our team.
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Analysis
Sustainability strategy: Five ways retailers are minimising their environmental impact
Ahead of the return of the Sustainability Summit on October 10, we dig into the strategies of the retailers making tangible progress and glean expert opinion on why the narrative of balancing sustainability with bottom lines “needs to change”
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Analysis
Store tour: Inside the new Pets at Home store format it hopes will get tails wagging
Pets at Home chief consumer officer Kathryn Imrie takes Retail Week on a tour of one of the retailer’s new look stores.
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Retail Navigator Analysis
Pets at Home (Strategy)
Pets at Home’s new-look store in Brentford is part of its plans to open four concept stores this year. Expanded from 9,000 sq ft to 14,000 sq ft, the store includes a ‘Nutrition Hub’; consultation areas and interactive screens.
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News
Pets at Home has unveiled a new ‘store of the future’ concept with plans for even more
Pets at Home has unveiled its latest new-look store in Brentford today and has plans to open four concept stores this year, Retail Week can reveal.
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News
Pets at Home has maintained profit guidance as sales remain resilient
Pets at Home has reported a growth in total sales in line with expectations as it maintains its profit guidance for the full year.
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Analysis
Retail cabinet: What would government look like if retailers ran the country?
As the country casts its votes in the general election, Retail Week imagines what a cabinet made up of bold and capable retail leaders might look like
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News
Exclusive: Pets at Home support team jobs impacted by restructuring
Pets at Home is in consultation about several jobs on its support team, Retail Week can reveal.
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Retail Navigator Analysis
Pets at Home (Overview)
Pets at Home is planning a raft of further small format store openings as it reports that revenue grew 5.2% to £1.48bn in FY2023, with £1.33bn generated by retail operations and £146.5m from the veterinary business.
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Analysis
Retail’s election wish list: what the bosses of Ikea, AO and more want from a new government
“We need a better approach when it comes to the coordination of policy, regulation, taxation, and alignment across the UK’s nations.”
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News
Exclusive: Pets at Home to open more city stores and 'unleash' AI
Pets at Home plans to open more of its smaller-format pet care centres in underserved areas, Retail Week can reveal.
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News
Pets at Home holds firm on guidance despite decline in profits
Pets at Home has reported a drop in profits for the full financial year but has maintained its guidance after a “pivotal year” of progress at the retailer.
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News
Pets at Home expands with compact shop format
Pets at Home has opened two new smaller format stores this month as it bolsters its presence on London’s high streets.
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News
Pets at Home comfortable on outlook as financial year closes
Pets at Home anticipates that profits for the year just ended will meet guidance and said it is “comfortable” with expectations for the year to come.
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News
TDR snaps up Jollyes and Andy Bond comes in as chair
Private equity group TDR Capital has acquired a majority stake in specialist pet retailer Jollyes and former Asda boss Andy Bond has been appointed chair.
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News
Exclusive: Pets at Home appoints new retail chief operating officer
Pets at Home has appointed Anja Madsen as its new chief operating officer, retail, from April 2024, Retail Week can reveal.