The German company also aims to continue accelerating its presence in e-commerce, where sales increased by 54% in 2021.
The opening of new stationery stores will come, according to the company, with “massive investments” in expansion, further acquisitions, shareholdings and cooperations.
In recent times the company took over stores from PetWorld in Denmark and Equipet in Denmark and believes that “in the next few days,” its recent merger with Arcaplanet Group will be confirmed, a leading pet care retail chain in Italy with more than 240 stores.
Arcaplanet and Maxi Zoo (a subsidiary of Fressnapf Group) will sum up 500 stores across the country once the acquisition is fully operational.
Fressnapf Managing Director Johannes Steegmann said the opening of the new stores in the European continent in the next years will be “digitized” and “networked” to provide customers with an “optimal shopping experience.”
Although Fressnapf did not unveil the specific markets where it plans to open the new stores, Steegmann highlighted that they equipped their logistics infrastructure “for the future” with new warehouses in Poland, France and Austria.
“In doing so, we are operating from our own economic strength and we are becoming faster and better on our way to becoming a caretaker,” he concluded.
The Krefeld-based pet food corporation also announced that it plans to expand the store network in Romania later this year, where it currently has 5 shops.
Fressnapf announced in a trading update last January that sales growth by 19.8% in 2021 with an additional €500 million ($566.35M), the “most significant growth” in more than 3 decades of history. At that moment, the company said that it was going to expand its international network by more than 100 locations.
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