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British pet supplies retailer Pets at Home has revised down its profit guidance for the full financial year, attributing the change to a 'subdued' pet retail market in its first quarter.
This announcement suggests a cautious outlook for discretionary spending within the UK consumer market, even in sectors often considered resilient.
The update from Pets at Home provides a snapshot of the current challenges faced by retailers, indicating a potential slowdown in consumer confidence affecting various segments.




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