Pets at Home expansion plans
Popular pet retailer Pets at Home, the country’s largest retailer in pet care has confirmed its intention to go ahead with its planned investment programme, despite the fact that the UK economy is officially in recession.
The record investment plan comes as UK consumers maintain spending on treats and luxury items for their pets in Pets at Homes 220 outlets, even though they continue to cut back on similar items for themselves.
Matt Davies, Chief Executive of Cheshire based Pets at Home, confirmed that there were no plans to slow down the £21million expansion programme of its stores, which include refurbishments at existing store, plans for a Pets at Home Superstore in Stockport, 10 additional new branches before the end of 2008 and the opening of a further 20 outlets in 2009.
Revenue for the stores is predicted to reach almost £400million by the close of the year ending March 2009, an increase of £354.6million on the previous year’s figures.
Mr Davies commented:-
One or Two Things You Might Like:“We are not slowing down our expansion programme.
We believe pets to be a particularly resilient sector. People look on their pet as a member of their household and they are right up there as a priority. People recognise the joy that flows from having a pet as part of the family.”
Affordable Accountants Cheshire
Bathroom lighting at great prices.
Solar Electricity sold here
platino
Accountants