Pets at Home has revealed positive growth over the Christmas period while announcing the closure of its Barkers grooming and accessories arm.
In the 12 weeks to January 4, the retailer posted revenue growth of 9.6 per cent to £223.3 million, propelled by a 77 per cent increase in omnichannel revenue to £13 million.
Its services arm saw a healthy 13.6 per cent boost to £29.9 million.
Despite this, Pets at Home has decided to close its dogs-only grooming chain Barkers following a four-year trial.
This will see seven stores across the UK close down, incurring a £2 million bill for write-downs and lease commitments.
The 55 employees affected by the closures will reportedly be offered alternative roles elsewhere at the retailer.
A spokesperson revealed that although Barkers proved popular, the rental costs of the high street stores made them unprofitable.
“I’m happy to report further progress in the third quarter, where trading momentum in our Merchandise division built over the Christmas period,” chief executive Ian Kellett said.
“In the year since we launched our lower pricing initiatives we have seen a really strong customer response to the investments we have made.”
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