2021 U.S. PET SERVICES SPENDING $9.10B…Up ↑$2.21B
A strong, widespread Pandemic recovery as 90% of demographic segments spent a record $2.2B more on Services!
Over 45 years in Consumer Products including 31+ years in the Pet Industry developing and executing successful strategic sales and marketing plans for manufacturers.
A strong, widespread Pandemic recovery as 90% of demographic segments spent a record $2.2B more on Services!
Supplies Spending comes roaring back with the biggest, most demographically widespread lift in history.
Retail spending vs 2021 is still up but the amount of product sold is still down!
Petflation is now 34.5% higher than the National Rate!
Pet Food spending falls slightly after the pandemic binge buying in 2020.
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!