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Industry Roundup |
Pet Food
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Post Holdings expects pet food to continue to drive earnings growth
MarketLine (08/07)
Pet Food Express hires Hayden Tollas as CFO to bring in his 20 years in experience in multi-site retail and e-commerce to expand pet food retailer's operations in California and beyond; Tollas previously served as CFO and head of strategy for Old Navy
Pet Age (08/04)
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Pet Care Products
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VistaGato to launch VistaGato Cat Window Box and VistaLoo Window Litter Box at CatCon event in Pasadena, California on August 5-6; products aim to improve indoor cats' quality of life and home hygiene
PR Web (08/03)
Pet Honesty observes fifth anniversary with its natural pet health supplements now available in over 7,000 stores nationwide, including PetSmart and Petco; brand's omnichannel growth has led to expansion of product line to include cat health supplements
PR Newswire (08/02)
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Pet Adoption / Rescue
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Pet Supplies Plus to host first-ever dog adoption event on August 3 at Detroit Lions training camp with all adoption fees covered; Purina Pro Plan to cover all costs and distribute coupons, while attendees can participate in giveaways
PR Newswire (08/02)
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Pet Care Services
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Pet services spending saw strong growth in H1 2022, reaching record US$10.9, according to Pet Business Professor John Gibbons; expert says strong inflation unlikely to have negative impact as higher income groups are willing to pay more for convenience
Pet Age (08/07)
Dog day care Central Bark signs multi-unit franchise agreement to establish first locations in northern New Jersey; franchise's Enrichment Doggy Day Care provides blend of exercise, social group play, learning and rest
Pet Age (08/07)
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Veterinary Care
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Mobile veterinary company BetterVet introduces new brand look, website and app to improve client experience and increase accessibility to home vet care services; company also proposes the 'WHOLE Pet' philosophy, a holistic approach to pet well-being
GlobeNewswire (08/03)
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Pet Care
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Freshpet, Inc. Reports Second Quarter 2023 Financial Results
GlobeNewswire (08/07)
Ziwi's pet food factory in Napier, New Zealand, resumes operation six months after cyclone damaged site; company invested around NZZ$30M in repairs, with one of plant's two main processing lines already seeing record week of production since restarting
Hawkes Bay Today (08/03)
The 2023 Latinzoo event in Mexico City highlighted emerging pet food companies such as MNA and Nuprom; companies aim to provide variety of pet food options while targeting growth in traditional distribution channels and exploring new alternative markets
PetFoodIndustry.com (08/03)
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Pet Care Products
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Skout’s Honor's Probiotic Grooming products to be used in Petsmart’s Grooming Salons nationwide, becoming a part of their upgraded puppy or kitten packages; products are also available for purchase on retail shelves at Petsmart
Pet Age (08/02)
Petco unveils comprehensive Bootique collection of over 350 products, ranging from apparel and accessories to home decor and treats with over 200 products under US$20; retailer aims to provide an optimal one-stop shop for Halloween pet essentials
Petco Health and Wellness Co. Inc. (08/01)
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Pet Food
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Montana Dog Food partners with Affordable Pet Supply to expand distribution of raw, freeze-dried dog food, supplements to independent pet stores in six US states; distributor offers routes with weekly deliveries in states such as Delaware, Maryland
Pet Age (08/03)
IAMS partners with New Zealand-based Pet Refuge, to raise funds for services; for every purchase of IAMS dry cat, dog food made at Countdown supermarkets or online between August 7-13, IAMS to donate NZ$1, up to maximum total donation of NZ$10,000
Scoop Media (New Zealand) (08/03)
South Korea's Ministry of Agriculture finds H5 avian influenza strain in cat food from Gimpo-based manufacturer, Nature's Raw; ministry orders recall of affected products, launches inspection into all makers of animal food using chicken, duck and meats
Yonhap News Agency (08/02)
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Club Store
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Sam’s Club highlights seven multi-pack products that can provide a month’s worth of school lunches for an average of US$1.50 per lunch; promotion comes as caregivers look to save save time, money as back-to-school season starts
Sam's Club (08/07)
Sam’s Club invests US$40M to open distribution center in Oklahoma City to provide provide a better experience for members in terms of speed, availability of products; 300,000-sq-ft facility will open in early 2024
Sam's Club (08/02)
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E-Commerce Trends & Statistics
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GlobalData expects South Korea's e-commerce market to grow at CAGR of 7.7% from 2023 to 2027, reaching US$160.4B in 2027; online shopping surge driven by high-speed internet, smartphone penetration, secure payment systems, growing consumer confidence
GlobalData Plc (08/01)
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Mass Merchandise Retailers
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Walmart rolling out a new ad strategy that leans into third-party ads placed in the self-checkout aisle and TV aisles; company will use screens in self-checkout areas and TV aisles, and radio ads over its in-store audio network
Supermarket News (08/03)
National Vision announces its partnership with Walmart will end in 2024; partnership includes supplying and operating Vision Centers in select Walmart stores, providing contact lens distribution and related services to Walmart and affiliates
Associated Press (08/02)
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Supermarket
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Weis Markets Reports Second Quarter 2023 Results
PR Newswire (08/07)
Kroger CEO says company is in talks with several potential buyers for stores it could shed as part of proposed merger with Albertsons; merger remains on track to obtain regulatory approval and overcome planning hurdles, is predicted to close in early 2024
Oregonian (Portland, OR) (08/07)
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Stock
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Latest: Aug, 07 2023
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Latest Value |
Prev |
Chg |
YOY Chg |
Watchlist |
Freshpet Inc. (FRPT)
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82.25
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73.74
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11.54%
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50.97%
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Spectrum Brands (SPB)
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75.28
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75.66
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-0.50%
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10.89%
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