Retail Channel Monthly $ Update – July Final & August Advance
The 3rd biggest Retail Sales month in history but inflation is still a major problem!
Over 45 years in Consumer Products including 31+ years in the Pet Industry developing and executing successful strategic sales and marketing plans for manufacturers.
The 3rd biggest Retail Sales month in history but inflation is still a major problem!
The PPI for all types of Dog & Cat Food increased in August signaling that Pet Food Retail Inflation is likely to grow!
The National Inflation rate is stabilizing but Petflation is growing!
The pandemic recovery was massive & widespread but the Top 100 still accounts for 58% of U.S. Relevant Retail $ and 3/4 of Pet Products Sales!
The amount of product sold YTD vs 2021 is down for the 4th straight month for all big retail groups but Restaurants!
The +9.1% July Petflation rate vs 2021 exceeded the National increase of +8.5%!
Pet Services was the industry segment hit hardest by the pandemic, but in 2021 the recovery began.
With the biggest 6 month spending lift in history, Supplies came back strong from the pandemic in 2021.
1000+ exhibitors and 22 hours of showtime. If you literally do nothing else, you can spend 78 seconds with each exhibitor. You need a plan!
SuperZoo is back at full strength and a “must attend” for all Pet Industry participants!