Europe’s leading pet store chain, Fressnapf, plans to open 400 new stores in the next three years, the company has reported.
The German-based group, which operates across 11 countries across Europe including France, Poland, Austria, Denmark, Italy and the Republic of Ireland, achieved annual sales of E3.17 billion in 2021, representing growth of 19.8%.
During the year 120 new stores were opened, and businesses were acquired in Denmark and Ireland. Sales totalling E245 million were generated online, an increase of 54% on the previous year.
The group aims to expand its online services in the next year with further developments to initiatives such as a video chat veterinarian, GPS trackers, animal insurance and a digital platform for animal advice and adoption.