Retail Channel Monthly $ Update – November Final & December Advance
Yes, Consumers spent more at Retail in 2022 than in 2021 but they bought less – Inflation!
Author Archive for: johngibbons
Entries by John Gibbons
Petflation 2022 – December Update: Price increase slows to +10.9% vs 2021
Pet Food has the highest rate but all other segments and Total Pet set annual inflation records!
2021 Pet Food Spending was $34.41B – Where did it come from…?
No Binge in 2021 so $pending was down $2.44B, but 65% of demographic segments spent more on Food.
2021 Total Pet Spending was $99.98B – Where did it come from…?
A record $16.23B increase but not without turmoil!
Retail Channel Monthly $ Update – October Final & November Advance
Sales are up again but the amount sold YTD vs 2021 continues to be down for most channels!
Petflation 2022 – November Update: Prices increase to +12.0% above 2021
As the National inflation rate slows, Petflation continues to increase!
2021 U.S. Pet Spending by Generation – Gen X Moves to the Top!
Gen X was the best performer in every Pet Industry segment. They earned the top spot in Pet Spending!
2021 U.S. TOTAL PET SPENDING $99.98B…Up ↑$16.23B
Record increases from all segments but food produced a record $16.23B increase in Total Pet, which was demographically widespread.
2021 U.S. VETERINARY SERVICES SPENDING $32.67B…UP ↑$7.82B
A record $7.82B increase with 94% of all demographic segments spending more in 2021 than they did in 2020!
Retail Channel Monthly $ Update – September Final & October Advance
Retail Sales are up vs 2021 but the amount sold YTD vs 2021 is down again for most channels.