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What Time Does Pets At Home Close?

Pets at Home is a pet shop chain in the United Kingdom and Ireland. The company was founded in 1994 by David Raine and Brian McBride. As of 2009, there were over 300 stores across the UK and Ireland, with approximately 12,000 employees. It is the third largest pet shop chain in Europe.

Pets operates from 230 stores under 3 different names: Pets , Fish4pet and Dr Foster Smith. These three brands serve different markets: Pets stores sell to pet owners for their pets; Fish4pet stores sell only fish products; and Dr Foster Smith sells veterinary medicines and supplies to vets and other professional career of animals.

Pets at Home Background

Pets at Home began as a business selling fish on Brixton High Street, London in 1994. The company grew gradually over the years until it opened its first store in Ireland in 1997. The company now has stores throughout the UK and Ireland, including major cities like Birmingham, Brighton, Edinburgh, Newcastle and Belfast. According to the company, it serves 3 million customers a year. It serves all 7 districts of London.

Pets at home is currently owned by Pets Group plc, which was founded by David Raine and Brian McBride in 1994. In the past, the company has been majority-owned by the Belgian entrepreneurs De Mol. In June 2015, the company signed a deal to buy a third of the UK’s pet supplies chain Village Pet.

The three brands

As of the end of 2017, Pet at Home has 333 stores in the United Kingdom and Ireland, including 233 Pets at Home stores, 35 Fish4pet stores, and 30 Dr Foster Smith stores. There are five different stores by the Fish4pet brand. Fish4pet – The Great Yarmouth store Fish4pet – The Old Castleford store. Fish4pet – The Wyberton store Fish4pet – The Oakford store Fish4pet – The Hoylake store.

The three Dr Foster Smith stores are located in Hull, Blackpool, and Manchester. Dr Foster Smith – The Hull store Dr Foster Smith – The Manchester store. Pets  has five distinct brands. Pets at Home sells pet products. Fish4pet is a fish supply store.

How does pets at home work?

It is a for-profit business that is controlled by private equity firm Bridgepoint Group. Pets has almost 20% of the market share of pet shops in the UK, During the Christmas trading period, it targets 60% of its turnover to be sales of pet products Pets receives 75% of its revenue from its 16 superstores, 10% from it food shops and 20% from its home website. Pets offers a wide range of products.

Pets at home hours

Most stores are open between 9.30am and 5.30pm on weekdays, and 9.30am and 5pm on Saturday and Sunday. Pets staff are specially trained and qualified for the main purposes they work: selling pet products selling pet goods and advice caring for and raising animals Training and qualifications of the employees.

Employees have to have a current Home Office certificate of ‘fit and proper person’ to sell dog and cat food Pets only hires the best people available for each of the job roles they operate. Pets at Home has the following training programs for new employees. Development Coach: This program is ideal for someone who wants to develop their career within Pets.

What are the benefits of pets at home?

  • Pets supplies and sells to pet owners

There are many things which a pet owner needs to buy from the pet shop such as dog food, cat litter, treats and toys, and so on. Pet stores also sells pet accessories such as beds, food dishes and toys, and these are handy to pet owners. All the these products are provided by the pet shop at a competitive price compared to buying these products online.

  • Pets at home offers pet training courses

The major advantage of Pets at home training courses is that they make an animal friend who can visit the owners at home. If they bring their pet to a dog training course, the dog learns to obey the owner and also they learn to understand commands from the trainer.

Conclusion

Over the past five years, the company has outperformed the S&P 500, returning 255.72% versus the S&P 500’s 149.27%. It has also managed to increase its dividend each and every year. It has a dividend yield of 3.87%, which is slightly less than the average dividend yield of the S&P 500. The forward P/E ratio of the company is 17.74, which is slightly higher than the S&P 500’s 17.42.

An investor purchasing at this point would obtain capital appreciation of 16.72%, and capital appreciation and a dividend yield of about 11.5%. This would return about 1.5% above the market. The PEG ratio of the company is 0.84, which is significantly less than the S&P 500’s 1.17.

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