Online Sales

Pets at Home warns of profit drop in FY26

Pets at Home has revealed that it expects its retail profits to drop in FY26 to within a range of £115m to £125m, as a result of the uncertain economic backdrop for both demand and inflation. The retailer also stated that it expects increased costs of around £30m following changes…

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UK retail sales rose 2.9% in May

UK retail sales volumes rose by 2.9% in May 2024, following a fall of 1.8% in April 2024, according to the Office for National Statistics (ONS). Sales volumes rose across most sectors, with clothing retailers and furniture stores rebounding following poor weather in April. More broadly, sales volumes rose by…

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Pets at Home expects FY PBT to hit £132m

Pets at Home has revealed that it expects its full-year profit before tax to be £132m, in line with its previous guidance. This comes as the company stated that its Q4 trends across its retail and vet arms have been broadly in line with expectations. It now successfully launched its…

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High street faces ‘unprecedented challenge’ says BIRA

The British Independent Retailers Association (BIRA) has said that the UK High Street is facing “unprecedented challenges” following the release of new data on retail occupancy. High-profile retail restructuring and administrations have resulted in a net of 14 store closures a day during 2023, according to research from LDC and…

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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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Redpaw Pet Supplies unveils new website

Redpaw Pet Supplies has launched a new website to support a growing demand for online sales. The Plymouth-based retailer originally had an online presence to promote its bricks and mortar outlet however over the years, demand has increased for online sales. The new site has been developed by specialist marketing…

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Kormotech acquires new UK venture arm

Ukrainian pet food manufacturer Kormotech has established Kormotech Ventures, headquartered in London to combine investment and innovation strategies in international markets. The venture arm of Kormotech, as a stand-alone company, will focus on innovative pet care companies in Europe and the US seeking early-stage investment. In addition, the company will…

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Norfolk Industries agrees wholesale deal with Vital Pet Group

Norfolk Industries has announced that it has agreed a new wholesale contract with Vital Pet Group. Vital Pet Group will be stocking a range of 11 Norfolk Industries products including its animal houses and plastic free lines. This will increase the work on its factory production lines, providing additional employment…

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Scrumbles secures £6m investment from BGF

Natural pet food brand Scrumbles has secured a £6m investment from capital investment firm BGF. Founded in 2018 and based in London, Scrumbles provides nutritious, natural and ‘gut friendly’ food for cats and dogs, through a range of high quality, natural recipes. The company has achieved significant growth to date,…

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Wilsons expands with new processing plant

Wilsons Pet Foods is set to further expand through the acquisition of Dunbia’s meat processing plant at Drongan, South Ayrshire.  The company previously operated out of two separate units in Perthshire but witnessed a “rapid growth” amid the pandemic and a rise in online sales. It was therefore necessary to…

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