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Pets at Home looks to open 40 new stores

Pets at Home has said it intends to open a further 40 stores over the next three years.

In its preliminary results for the year ending 30 March 2023, the pets and vets business said it had made record sales over the year, with revenue exceeding £1.4bn. Profit was marginally down on the previous year, at £136.4m, owing to rising costs.

The retailer, which currently has 461 stores across the UK, said that it would focus on “investment behind our physical assets, with a medium-term opportunity for 40 new stores”, as well as its ongoing store refresh programme.

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