A national chain of pet stores is to open a new store in the Lustrum Retail Park in Stockton, creating ten jobs.
The new store opens on August 6 and will be run by Dave Coe, originally from Essex and who moved to Teesside 16 years ago. He has 37 years of retail experience. The move is also good news for Dave’s dogs – Mastiff/Rottweiler puppies Nellie and Peggy who are twin sisters.
Along with details of its strong financial performance, Jollyes, The Pet People said it was acquiring Midlands-based Penparc Pet Center Group to accelerate its growth.
Read more: RSPCA report shows cost of living impact on pets
He also said part of his growth strategy includes future openings in Poole, Stockton, Warrington and Billingshurst in West Sussex, as well as three in Scotland.
The chain already has stores in North Road, Darlington, Newcastle and Blyth.
Executive Chairman Richard Cotter said: “While we are thrilled with the numbers, our performance is about people and a passion for companion animals. Our performance is simply a consequence of transforming our business to empower our people to deliver products that meet the needs of UK pet owners.
“We are proud that this transformation will now lead to 100 more opportunities to join the Jollyes team over the coming year as we double down on our ambitious growth plans.”
Jollyes reported strong business results for the full year through May 29, 2022, with key achievements:
• Full year revenue of £86 million, an increase of 15%.
• Jollyes’ headcount increased by 164 people during the year, or nearly 25%, in stores and at its Waltham Abbey support center to support its growth.
•During the full year, Jollyes also opened seven new stores, both organically and through the acquisition of The Pet Store in Yorkshire and Bannerbrook Pets in Coventry.
• Investing in an extended logistics contract with Wincanton in Wigan which introduces transport agreements with eight suppliers which has reduced the road by 50,000 kilometers
•Revised and relaunched its Lifestage private label foods, resulting in a sales increase of over 70%.
Jollyes plans to build on its current business performance with ambitious plans for FY23.
In the current full financial year, it plans to recruit an additional 100 positions across the UK – 80 in new stores and 20 in back-office functions to support its expansion and boost revenue so that it become a £100m+ turnover business by the end of it. of his penny of exercise 2023.