Pets at Home announced in November last year that it was looking to close up to 30 of its vet practices under plans to overhaul the business and save money. They are now closing some of the vetrinarian practices
Around 300 staff could lose their jobs if the stores are shut, although Pets at Home says it hopes to find roles for employees elsewhere.
Pets at Home operates 471 vet practices through its First Opinion business and is planning to buy back 55 of the sites it runs through joint ventures as it believes it will be able to save money running them internally.
The closures come after a failed expansions of the veterinary division earlier this year.
The latest articles
European pet food manufacturers establish new group
SANYpet, Natural Line and Codico have created a new production and distribution group to capture the international market.
Flybird Holding’s tender offer for Musti is expected to be completed by March
Portuguese group Sonae increased the amount that shareholders of the Nordic pet retailer will obtain to €26.10 per share.
Zoetis increased revenue by 6% in 2023
Sales of its osteoarthritis, flea, tick and heartworm medications have driven the company’s pet portfolio’s positive results in the last quarter of 2023.
Weekly newsletter to stay up-to-date
Discover what’s happening in the pet industry. Get the must-read stories and insights in your inbox.