By Hugh Radojev28 January 2025
Pets at Home has reported a slump in retail revenue in the third quarter, putting it down for a “challenging consumer backdrop”.
For the 12 weeks to January 2, 2025, the pets specialist reported a 2.4% decline in retail revenue with a 2.8% drop in fall in like for likes. The retailer said the third quarter ”saw a more challenging UK consumer backdrop with particularly weak footfall from October”.
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Pets at Home has reported a slump in retail revenue in the third quarter, putting it down for a “challenging consumer backdrop”.
https://www.retail-week.com/specialist-retailers/pets-at-home-cites-challenging-consumer-backdrop-for-sales-slide/7048003.article