Citi reshuffles deckchairs but investors would rather it made waves

Interim chair of group, which is still looking for a CEO, says chain must ‘return to our retailing roots’ The boss of Pets at Home has said “urgent and necessary” action needs to be taken as the ailing retailer reported that its half-year profits slumped by more than a third. The group is still looking for a chief executive after the abrupt departure of Lyssa McGowan in September. The interim executive chair, Ian Burke, said the chain, which sells pet products, animals, veterinary care and grooming services, had to “return to our retaining roots” to revitalise the 34-year-old business.…

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