Petflation 2023 – August Update: Drops 24% to +6.6% vs 2022

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Petflation slowed from 8.7% in July to 6.6% in August but is still 1.8 times the National CPI of 3.7%.

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2022 Top 100 U.S. Retailers – Sales: $2.85 Trillion, Up 6.8% 165,205 Stores with Pet Products……plus the Internet!

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In 2022, the Top 100 Retailers generated 35% of Total Retail $, 58% of Relevant Retail $ and 75% of Pet Products $.

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Retail Channel Monthly $ Update – June Final & July Advance

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Relevant Retail $ were up vs 2022 – both actual & “real”, but over 80% of the $ales lift came from NonStore Retailers.

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Petflation 2023 – July Update: Slows again, but still +8.7% vs 2022

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Petflation slowed again but is still 2.7 times the national rate!

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U.S. Pet Services Spending (Non-Vet) $10.87B (↑$3.43B): 2022 Mid-Year Update

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This segment is the most driven by high income so high inflation had little impact!

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U.S. PET SUPPLIES SPENDING $24.38B (↑$6.96B): MID-YR 2022 UPDATE

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A $7B increase that slowed in the 1st half of 2022, perhaps due to fast growing inflation!

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Retail Channel Monthly $ Update – May Final & June Advance

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Monthly Real Sales vs 2022 (Incuding Inflation) are positive again for Relevant Retail. The slow turnaround continues!

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Attending SuperZoo 2023? – It is a great Opportunity! But….You Need a Plan!

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If you do nothing else at SuperZoo 2023, you can spend 72 seconds with each exhibitor. You need a plan!

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SUPERZOO 2023 – THE PET INDUSTRY IS STRONGER THAN EVER!

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SuperZoo 2023 is a great opportunity for all attendees, with everything that you want or need to improve your Pet Business!

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Petflation 2023 – June Update: Again below double digits, +9.6% vs 2022

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Petflation fell below double digits, +9.6%, but it is now 3 times higher than the National CPI.

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