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An example of a few headlines sent to our customers on Feb, 07 2023
Pet Care

powered by Industry Intelligence, Inc.

February 07, 2023

Industry Roundup

Pet Food

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)

Pet Care Products

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)

Pet Care Services

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)

Pet Ownership

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)

Pet Care

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)

 Club Store

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)

 E-Commerce Trends & Statistics

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)

 Mass Merchandise Retailers

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)


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)


Latest: Feb, 06 2023

Latest Value Prev Chg YOY Chg
Freshpet Inc. (FRPT) 65.34 65.27 0.11% -27.26%
Spectrum Brands (SPB) 65.92 67.30 -2.05% -25.77%