Retailers

May- 2018 -

31 May

Top four pet retailers lose brand visibility over year, study shows

Pets at Home is among the top four pet retail companies which has experienced an eight percent drop in its brand visibility over the past year, a new report has revealed. However, the retailer remains at the top of the market according to The Pets Supplier Insight Report, produced by digital…

30 May

Pet retailer Jollyes bought out by Kester Capital

Pet retailer Jollyes has been sold to mid-market UK private equity firm Kester Capital in a deal advised by M&A company Cavendish Corporate Finance. The UK retailer has over 70 superstores and concessions across the country and recently expanded its offering to customers to include grooming and veterinary services in…

29 May

Danish pet retailer partners with Sporting Saint

Danish pet retailer Siccaro has announced a new partnership with specialist gundog retailer Sporting Saint. The partnership will make it easier for UK consumers to obtain the Danish retailer’s unique products as they become available at Sporting Saint. David Drachmann-Sunne, European commercial director at Siccaro, said: “We are pleased to…

23 May

Vet’s Kitchen launches new ‘Puppy Pack’ product for new pet owners

Vet’s Kitchen has launched a new ‘Puppy Pack’ that aims to assist new owners in getting through the early stages of pet ownership. The pack contains a guide to dog ownership, a tote bag, 1.3kg bag of Chicken and Brown Rice complete puppy food, a packet of Little Stars Smart…

22 May

Pets at Home profits plummet by 12 percent despite sales rise

Pets at Home has announced a drop in pre-tax profits of 12.3 percent despite seeing revenues rise by 5.5 percent. The financial year of 2019 will be the second year of the company’s financial transition as it looks to obtain sustainable profit growth. Pets at Home reported a two percent…

18 May

Online retail jumps 19 percent in April

UK online retail sales went from strength to strength in April, up 18.8 percent year-on-year (YoY) according to the latest figures. The IMRG Capgemini e-Retail Sales Index showed it was the highest YoY increase since November 2016, despite the dampening effect of Easter falling in March this year. There was…

15 May

UK brand Wagg tells Amazon it needs ‘to have a conversation’ over Wag brand

UK pet brand Wagg has told Amazon they need “to have a conversation” over the name of their new pet brand when speaking to media. The UK brand is concerned that the online retailer will bring the Wag brand to the UK under the same name. The UK company cannot…

14 May

Pets at Home drops new Skegness store after recruiting and training staff

Pets at Home’s new Skegness store will not open despite the pet retail giant recruiting and training staff ahead of a launch. Only a few days ago the store announced it was due to open at the end of the month, but now it has decided it won’t be opened.…

14 May

Retail consumer spending sees sharpest drop since 2012

Consumer spending has suffered its sharpest drop in six years, according to Visa’s latest consumer spending index. Spending in-store fell by 5.4 percent in April when compared to the same period last year, while overall consumer spending fell by two percent, matching March’s year-on-year figures. Online spending was also down…

11 May

Smartphone purchases account for 54 percent of UK retail transactions, study finds

Retail purchases made on smartphones have seen a 66 percent increase in Q1 of 2018 compared to Q4 2017 according to marketing technology company Criteo’s Global Commerce Review. The research also showed that mobile devices accounted for over half (54 percent) of retail transactions in the UK. Shopping apps are…