BDO
This coverage focuses on BDO, the international accountancy and business advisory firm, and its insights relevant to the UK petcare industry. Pet Gazette reports on BDO’s market analysis, financial guidance, sector forecasts, and advisory work with pet trade businesses, from retailers and wholesalers to manufacturers and suppliers. Coverage includes news, expert commentary, and case studies to help pet trade professionals understand economic trends, manage financial performance, and adapt to regulatory or market changes with informed strategies.
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Dec- 2023 -12 DecemberRetailers
Black Friday fails to rally UK shoppers during ‘bleak’ November
Significant discounts in the run up to Black Friday failed to rally UK shoppers, resulting in “another disappointing month” for retailers, according to new figures released today by accountancy and business advisory firm BDO. According to its High Street Sales Tracker, total like-for-like (LFL) sales in November fell by 0.3%…
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Jun- 2023 -5 JuneBusiness
Supply chain pressures slow down retail growth
Continued supply chain pressures, including cost increases, delayed materials and shortages are the main concern for over a third of businesses, according to advisory firm BDO. The bi-monthly survey, which was conducted on 500 medium-sized businesses, reveals over three quarters (77%) are facing persistent disruptions within the supply chain. Faced…
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Jul- 2022 -22 JulyManufacturers
Pet Munchies acquired by Assisi Pet Care
Pet Munchies Holdings Limited, the owner of the Pet Munchies premium natural dog and cat treats brand, has been sold to Assisi Pet Care for an undisclosed sum. Pet Munchies was founded by entrepreneur Suzanne Rothman in 2008, and has experienced strong growth due to its natural ingredients and “innovative”…
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8 JulyRetailing
Cost of living crisis weighs on retail sales growth
High levels of inflation and the deepening cost of living crisis have prompted further slowing of retail sales growth, according to BDO’s High Street Sales Tracker (HSST). It found that total like-for-like (LFL) sales, combined in-store and online, increased by +8.4% in June compared to the equivalent month in 2021,…
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Apr- 2021 -14 AprilRetailing
VetPartners acquires online retailer VetUK
VetPartners has strengthened its position in the retail market and “taken a step towards the digital transformation of the veterinary sector” by acquiring online retailer VetUK. VetUK is one of the UK’s biggest online suppliers of pet care products, including toys, accessories, pet food, over-the-counter pet treatments, and veterinary prescription…
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Sep- 2020 -7 SeptemberCoronavirus
Redundancies planned by 60% of mid-sized firms
More than half (60%) of the UK’s medium-sized businesses are planning redundancies as a result of the Government’s Coronavirus Job Retention Scheme coming to an end in October, according to new research from accountancy and business advisory firm, BDO. BDO’s monthly Rethinking the Economy survey of 500 medium-sized businesses across…
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Aug- 2020 -7 AugustCoronavirus
Poor July sales rock high street recovery
Poor in-store sales through the month of July have “dampened hopes of a recovery” across UK high streets, according to the latest High Street Sales Tracker from BDO. In-store like-for-like sales decreased by 39.4% last month, down from a marginal base of 0.1% that was reported the year before. According…
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Jun- 2020 -5 JuneBusiness
Online sales reach 10-year high
British retailers recorded a 10-year high for online sales in May while the continued lockdown measures kept high streets empty, according to new figures by accountancy and business advisory firm BDO. According to BDO’s High Street Sales Tracker (HSST), total like-for-like sales, consisting of both in-store and non-store sales, declined…
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Mar- 2019 -18 MarchCharities
Mars Petcare teams up with HSI to tackle animal welfare
The Lion’s Share Fund, an initiative raising to support wildlife conservation and animal welfare across the globe, has today announced its partnership with animal welfare charity Humane Society International (HSI). Together, the organisations will to deliver projects aimed at tackling animal welfare globally. Established in June 2018, The Lion’s Share…
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Jul- 2018 -6 JulyRetailers
Retail sales fall for fifth consecutive month
Retail sales fell for the fifth month in a row in June, data from BDO’s High Street Sales Tracker has shown. Total in-store like-for-like sales were down 1.7 percent compared with last year, when the figures rose 1.3 percent. It is also the ninth consecutive month that sales growth figures…
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