Pet Care

Industry Roundup

Pet Food

TFP Nutrition expands recall of its pet food to include 37 more products because of possible salmonella contamination
Food Safety News (11/20)

Economist: Chinese consumers are becoming more cost-conscious, leading to slowdown in sales and shift toward strategic shopping; despite slower wage growth and deflation, spending is growing on certain categories like restaurants, cars, phones, pet food
Economist.com (11/16)

Pet Adoption / Rescue

Empathy Research survey finds 80% of Irish adults say pet ownership positively impacts mental wellbeing and a third source pets from shelters; Purina renews partnership with Dublin animal rescue group, expects to support 3,500 cats, dogs in two years
Contify Retail News (11/14)

Pet Care

Central Garden reports fiscal Q4 net earnings of US$2.8M on revenue of US$750.1M, with both results topping Wall Street expectations
Associated Press (11/20)

Central Garden & Pet Announces Fourth Quarter and Fiscal Year 2023 Financial Results
Business Wire (11/20)

Petsense by Tractor Supply expands premium pet food offerings by adding NutriSource to product lineup, available in stores nationwide, online; retailer now offers Finley’s pet treats for free with any NutriSource dry dog food purchase til November 30
Business Wire (11/16)

Pet Food

Freshpet optimistic about achieving 2027 goals, despite economic uncertainties; initiatives involve expanding production capacity, introducing innovative products such as successful large dog offering, capitalizing on market trends to reinforce standing
Industry Intelligence Inc. (11/15)

Canadian officials report that an outbreak of salmonella infections in people has been traced to raw pet food and possibly contact with cattle; 40 illnesses reported
Food Safety News (11/15)

Petsense by Tractor Supply announces the addition of NutriSource pet food to its extensive lineup of premium dog and cat food offerings; NutriSource brands are available only in independent pet stores committed to animal health and nutrition
Business Wire (11/15)

 Club Store

BJ’s Wholesale Club Holdings, Inc. Announces Third Quarter Fiscal 2023 Results
Business Wire (11/17)

Mondelez Snapshot: customers continue to choose company's brands over private-labels; while North America biscuits category experienced softness in scanner data among lower-income families, they are increasing purchases in the club store channel
Industry Intelligence Inc. (11/14)

 E-Commerce Trends & Statistics

Euromonitor expects Mexico's foodservice sector to see 6% CAGR over 2023-2027; as lifestyles continue to change rapidly, growth strategies include increased home delivery, e-commerce, loyalty programs, and creating unique dining experiences
Euromonitor International Ltd. (11/20)

GlobalData: Walmart's Q3 growth in e-commerce is impressive, and retailer has made very serious inroads in online grocery; company's investment in store renovation program is resonating with customers, and should help convert more new shoppers
Retail Dive (11/16)

 Mass Merchandise Retailers

Walmart CEO predicts food inflation to end in the months to come; while beef prices are high, the company is starting to see prices on eggs, dairy, chicken and seafood come down, expects dry groceries and consumables will also deflate
Forbes (11/16)

Target Corporation Reports Third Quarter Earnings
PR Newswire (11/15)

 Supermarket

Publix announces leadership changes: CEO Todd Jones will become executive chairman, President Kevin Murphy will become CEO, SVP John Goff will become president, Chairman Ed Crenshaw will remain on board as chairman emeritus; changes take place Jan. 1
Supermarket News (11/20)

Grocery Outlet enters its ninth state with store opening in Boardman, Ohio; move aligns with company's goal of long-term geographic expansion
Grocery Outlet Holding Corp. (11/17)

 Stock