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Industry Roundup |
Pet Food
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Pet food sales in the Philippines expected to grow by nine percent on an annual basis to a record US$434M, amid growing numbers of dog, cat ownership in the nation, according to USDA-FAS Manila; bulk of sales to come from dog food, projected at US$360M
Business Mirror (02/06)
Pet Valu donates US$1.6M worth of its premium dog, cat food Performatrin to be distributed to rescue partners, food banks and communities across Ontario and western Canada; donation weighs over 335,000 lbs. and includes more than 33,000 bags of kibble
Pet Valu Inc. (02/03)
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Pet Care Products
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Church & Dwight CEO says company to expand capacity in laundry, litter units in 2023; new products for 2023 include three fluoride mouthwashes for kids, Nair Prep & Smooth for face makeup, Hero Micropoint for Blemishes XL patches, two Batiste dry shampoos
Business Wire (02/03)
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Pet Care Services
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Subscription service database PetHub partners with Broward County Animal Care in Florida to launch tag program to help reunite lost pets with owners; company boasts returning 96% of animals found through ID tags in under 24 hours
EIN Presswire (02/01)
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Pet Ownership
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Fancy Feast launches Valentine's Day limited-edition Cuddle Collection for cat owners, including an embroidered cat-ear sweater, heart-shaped toys and a wine glass; line also features surf and turf dinner of Medleys, Broths and Savory Cravings treats
Nestlé Purina PetCare Co. (02/02)
Pet owners in China fuel demand for premium pet food amid increased pet humanization, according to white paper by Alibaba Group; around 45% of new Chinese pet owners were born in the 1990s, while nearly 60% are female, according to Bain & Co.
ForeignAffairs.co.nz (02/01)
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Pet Care
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Purina unveils 2023 Pet Care Innovation Prize winners to receive US$25,000, mentorship, participation in accelerator boot camp at St. Louis headquarters; winners include Los Angeles-based Happy Bond preservative-free dog food with human-grade ingredients
PR Newswire (02/01)
UK-based pet food retailer Jollyes opens 4,400-sq-ft store in Peterborough, which is its 85th store across the country, with more openings planned in 2023; store to offer food, treats, toys, accessories, a Community Pet Clinic and has created 10 jobs
Peterborough Evening Telegraph (02/01)
Petco to unify over 24 million subscribers under its Vital Care program with a two-tiered offering for an integrated, omnichannel experience; current members of Petco's Pals Rewards program to be integrated into the free membership tier, Vital Care Core
PR Newswire (02/01)
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Club Store
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Beyond Meat hires Akerho Oghoghomeh to lead marketing efforts as company looks to center its retail strategy around Kroger, Walmart, Publix, Costco, Whole Foods; Oghoghomeh previously oversaw advertising, other initiatives for Red Bull’s US business
FinancialPress (02/03)
Costco Wholesale Corporation Reports January Sales Results
Costco Wholesale Corp. (02/01)
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E-Commerce Trends & Statistics
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Morgan Stanley expects physical store closures, desire for convenience to push e-commerce spending to 31% US retail sales by 2026, from 23% today; with growing base of over 200 million Prime members, this is a big opportunity for Amazon's retail business
The Motley Fool (02/06)
Amazon's Q4 North America segment sales up 13% year-over-year to US$93.36B, driven by record US holiday shopping weekend with over US$1B in sales; International segment down 8% to US$34.46B, as operating loss widens to US$2.22B from US$1.62B
Amazon.com Inc. (02/03)
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Mass Merchandise Retailers
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Walmart expands paid parental leave for salaried employees from six weeks to 12; full-time hourly associates, truck drivers will continue to receive six weeks of paid parental leave
Axios (02/02)
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Supermarket
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Aldi partners with surplus food platform Too Good To Go to offer 'Magic Bags,' or bags of surplus food sold at less than a third of the regular price, at stores in the Scottish Highlands; move looks to reduce food waste, offer lower prices to customers
Inverness Courier, The (Scotland) (02/06)
Government of Singapore proposes a disposable carrier bag charge at supermarkets; operators will be required to publish information on number of bags issued, amount of proceeds received from the bag charge, and how the proceeds are used
Singapore Government News (02/06)
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Stock
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Latest: Feb, 06 2023
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Latest Value |
Prev |
Chg |
YOY Chg |
Watchlist |
Freshpet Inc. (FRPT)
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65.34
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65.27
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0.11%
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-27.26%
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Spectrum Brands (SPB)
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65.92
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67.30
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-2.05%
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-25.77%
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