Retail Channel Monthly $ Update – January Final & February Advance
February was another record month for Total Retail but inflation is starting to “hit home”!
Over 45 years in Consumer Products including 31+ years in the Pet Industry developing and executing successful strategic sales and marketing plans for manufacturers.
February was another record month for Total Retail but inflation is starting to “hit home”!
Petflation surges in all segments – the biggest increase since 2009!
If you do nothing else but work the show floor, you can spend 2 minutes and 1 second with each exhibitor. You need a plan!
Fewer, but larger booths this year but more than enough to keep you busy and meet your wants and needs!
January sales were up from 2021, but largely due to inflation.
Overall, Pet Prices inflated in 2021, but at a slower rate than the overall market.
Baby Boomers’ emotional commitment to their Pet “children” produced a huge lift in spending!
Record sales in December wrap up a record breaking year!
The “big guys” rule the Pet Store Channel but small chains can also be a powerful force in local markets!
November sets all time sales records for both Total Retail and the Relevant Retail Group!