Retailers

Retail footfall drops in September

UK retail footfall dropped in September, with weekly average traffic 6.9 percent lower than in August. The month also rounded off Q3, in which footfall fell by 4.1 percent compared to 2016 – this was following a revival in Q2 when the deficit stood at only 1.0 percent. Ipsos Retail Performance,…

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KKR sells £119m in Pets at Home shares

On Tuesday, global investment firm Kohlberg Kravis Roberts & Co (KKR) sold 61m shares in Pets at Home. The shares were worth £119m in total, reported The Financial Times. The amount represented just under half of KKR’s stake in the business. Pets at Home closed for the day having dropped 7.7…

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PetLondon celebrates winning ‘Retailer of the Year’

PetLondon is celebrating winning Gold, the highest achievement possible, at this years’ International Trade Association of Pet Equipment Suppliers (PetQuip) 2017 Awards. It shares the plaudit with Paws & Claws, an independent store in Frodsham, Cheshire. The awards dinner took place on the 24th September, during a special ceremony in…

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Just For Pets set to go into administration

A UK based pet chain with 25 stores is to be placed into administration. The information was released in an update made by Just for Pets’ owner, Wynnstay. The predominantly Midlands-based stores announced that changes in consumer buying habits, greater costs and new sources of competition have led to losses.…

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Squire’s shuts aquatics centre

Squire’s Garden Centre in Cobham is making some changes. The small Aquatics Department will close the first week in September. Fish will continue to be sold at Squire’s centres in Twickenham and West Horsley, along with everything else you need for your pond or aquarium. Squire’s in Cobham will be…

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Fetch & Follow supports Battersea Dogs & Cats Home

London dog lifestyle company Fetch + Follow has partnered with global apothecary Malin + Goetz, for a fundraising project to support Battersea Dogs & Cats Home. £1.66 from the sale of every bottle of Malin + Goetz’s popular Dog Shampoo will be donated to Battersea Dogs & Cats Home. The…

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77% of British adults buy goods or services online

An annual survey of internet shopping habits has shown that 77 percent of British adults shop online. The Office for National Statistic’s Opinions and Lifestyle Survey found that 93 percent of adults who used the internet to shop within the last 12 months had chosen online sellers in the UK. 31…

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Pets at Home reports five percent growth

Pets at Home has reported a strong start to the year, with first quarter revenues up by 5 percent to £256.5m. The company announced that it is on track with plans open around 10 superstores, 40-50 vet practices and 40-50 grooming salons this year. Ben Flint, a market analyst at www.cityindex.co.uk, said: “Investors may…

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Pet food supplier, Kennelpak, is acquired by Enact

Kennelpak, a leading supplier of pet food and products with its own retail chain under the Kennelgate brand, has been sold to SME investor Enact, managed by private equity firm Endless LLP. Clearwater International advised the shareholders of Kennelpak on the sale. Established in 1974, Kennelpak retails a selection of pet…

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Debit cards overtake cash as a payment method

For the first time ever, cards have overtaken cash as the most common payment method, reports the The British Retail Consortium (BRC). Its annual Payments Survey revealed that cards now account for more than 50 percent of all retail transactions by volume. The BRC credits retailers’ investment in payment technology as one…

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