Just For Pets Rebranding Of Wilsons Underway
The acquisition by the Wynnstay Group earlier this year, of 10 Wilsons Pet Centres, (see: 15 January article), was a significant step forward in the development of the company's pet retailing activities. This was the message given to shareholders at the company AGM yesterday. Wynnstay Chairman, John Davies told the meeting:
"We are now beginning the process of rebranding the stores under our own Just For Pets brand and integrating the business so that the synergies with our core retail business are fully exploited."
Our twin strategy of acting as a consolidator in the agricultural supply sector and developing our retail activities, particularly within the pet sector, continues and we see this year as one of further progress."
Wynnstay reported £157.0 million total revenues for 2007 a 42% rise on the previous year. To the end of October retail sales accounted for 22% of the Group turnover and, helped by the opening of the company's first 'Just for Pets' pet store in June, pet product sales were up by 12.5%.