U.S. PET SUPPLIES SPENDING $16.28B (↓$1.43B): MID-YR 2020 UPDATE
After peaking in Mid-Yr 2018, the spending decline continues!
Over 45 years in Consumer Products including 31+ years in the Pet Industry developing and executing successful strategic sales and marketing plans for manufacturers.
After peaking in Mid-Yr 2018, the spending decline continues!
A new monthly $ record in May – $644B. Question: Can monthly Retail $ break $700B by December?
The onset of the pandemic caused some panic buying of Pet Food!
Pet Stores held their ground in the latest migration… to the internet.
Want evidence of a Retail Recovery? Take a look!
See the demographic spending similarities and differences between Pet Industry segments
March Retail Sales were $627.9B, a record not just for March, but for any month!
Thanks to inflation, the amount of Veterinary Services actually declined, but spending did become a little more balanced.
The recovery continues into February.
Breaking News – More exhibitor changes!
