Pets prove 'a lifesaver' for people struggling during lockdown, says retailer Pets at Home which has seen sales rise sharply
Pets at Home reports soaring sales as people increasingly turned to animals for solace amid the pandemic.
Getty ImagesAnimals have been "a lifesaver" for people struggling during Covid lockdown, according to retailer Pets at Home which has seen sales rise sharply.Chief executive Peter Pritchard said pets had played "an incredibly important role" through a period of "social loneliness".
He added that during the early days of lockdown one of the few reasons people could go out "was to walk your dog".In the six months to 8 October, Pets at Home saw revenues rise by 5.1%.Mr Pritchard told the BBC's Today programme: "The pet care market has been incredibly strong throughout and I think that tells you an awful lot about people's relationships with their pets and the roles that pets play in people's lives.
Spending Review: Chancellor to announce £500m for mental health"It has been a lifesaver for many through this incredibly challenging period for everybody in the country."He added that the change in more people working from home had allowed them to get a dog or a cat. "More people have considered having a pet because their lives have changed and they are at home more often," he said. headtopics.com
The company sells some small animals and fish but does not sell cats or dogs. It said, however, that membership of its Puppy & Kitten Club for new owners had risen by 25% during the six-month period.Pets at Home said the first half of its financial year, which runs between April and 8 October, reflected the entire period since the week after national lockdown was implemented. Restrictions on households weighed on trade in the first quarter before a 12.7% jump in like-for-like sales in the second three months.
'Resilient' pet marketPets at Home is classed as an essential retailer and has been allowed to stay open during lockdown. Total sales over the six months rose to £574.4m while pre-tax profit grew by more than 14% to £38.9m.image copyright
Getty ImagesThe company did not place any employees on furlough and said that it has actually been recruiting more staff.However,Pets at Home's share pricedropped by 7.3% to 388p in early trading.The company warned of uncertainty because of the pandemic and said: "At this stage, absent any escalation of restrictions, or other significant disruption to our operations, we now anticipate full-year underlying pre-tax profit to be in line with the prior year."
Julie Palmer, partner at professional services firm Begbies Traynor, said: "Looking ahead, with the value of the resilient UK pet market set to hit £7bn next year and the nation's love affair with pet ownership showing little sign of abating, chief executive Peter Prichard's optimism for the future appears well justified." headtopics.com
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Judging by the photo it’s not improving their mental health though Yes my two Himalayan tigers have been a godsend. Not had a single door knocker during the Lockdowns 🐯🐯 Although I am getting low on beans. They do love their beans.💨💨💨 So a shop selling pet products says pets are good for us. Next from the BBC telling us Wednesday is followed by Thursday.
My loons... Our dog is part of the family, cannot imagine life without her, she really helps our family. helps our family YEAH and teach them to pick up their dog shit,little black bags of shit everywhere Next year it’ll be numbers of pets dumped at roadside rises dramatically Please show a photo without a mask! People will think they have to suffocate their pets!
GET THAT FACE NAPPY OFF THAT DOG Pets are such wonderful SOULS !! a million times or rather any day better than human beings. Their love is just unconditional !! God Bless each one of them !! Why are kennels full then They would say that wouldn’t they. They bring lots of joy!🐈🐹🐶 That's better..... Being able to walk my dogs in the countryside where I live has been a life saver to my mental health.
The insanity, lies and cruelty in part comes from the complicit, lying imbeciles of the MSM. A picture of a dog with a mask on! RIGHT THERE!! BBC IN A NUTSHELL I thought advertising wasn't allowed on the BBC? At least with 🔔 End Boris in charge, with his continued lockdowns separation anxiety in pets, ain't a thing, for the foreseeable...
Hope you got paid for this shout out. A dog is for life, not just for Covid-19. Christ it's the dog from the Blade film! AdoptDontShop Let's hope some of them don't abandon them after the novelty has worn off DogsAreForLifeNotJustQuarantine Yes I don't no what I would have done without my sausage dog Rufus!!! Have become so attached to him x
What is this? A buy a puppy Xmas promotion? Remember, a pet is for life. Remove that mask