At least 40 new Pets At Home stores are to open across the UK in a significant £400 million investment. The retailer has said it aims to become the “world’s best pet care platform” after posting record annual results.
The firm’s chief executive Lyssa McGowan confirmed a £400 million on an ambitious growth strategy. The plans would see the chain of pet care centres grow from 457 to around 500 over the medium term, with urban areas such as London particularly in its sights.
She told the PA news agency the group would open possibly more than 40 stores as the boom in pet ownership seen during the pandemic shows little sign of abating, despite the cost-of-living crisis. Her vision for the group, which follows a year after she took on the top job, came as Pets at Home posted better-than-expected annual profits.
