2024 U.S. PET SERVICES SPENDING $13.65B…Up $0.23B
With 7.0% inflation, the 1.7% lift was really a -4.9% drop!
Author Archive for: johngibbons
Entries by John Gibbons
2024 U.S. PET SUPPLIES SPENDING $23.91B…Up $0.89B
Inflation was low but prices were at a record high. Incomes $100K> spent 59% of Supplies $.
2024 U.S. PET FOOD SPENDING $40.04B…Down ↓$5.46B
A record drop in sales after a record lift!
Retail Channel $ Update – September Monthly & October Advance
A slow and complex recovery continues!
Retail Channel $ Update – August Monthly & September Advance
As usual, Retail $ fell Aug>Sep but YOY lifts vs Sep 24 were widespread and most were above avg.
Petflation vs “Human” Inflation
Except for Pet Food vs Groceries, Petflation exceeds Human Inflation.
Petflation 2025 – September Update: Jumps up to +3.5% vs Last Year
The National CPI rose slightly to 3.0% from 2.9%, but Petflation jumped up to 3.5% from 2.5%.
2024 Top 100 U.S. Retailers – Sales: $3.04 Trillion, Up 3.7%
Retail is definitely concentrated as 10 companies generate 21.8% of all Retail $.
INFLATION’S IMPACT ON RETAIL SALES GROWTH – August 2025
After a strong July, progress slowed in August!
Retail Channel $ Update – July Monthly & August Advance
Relative Retail $ were +3.7% vs 2024, -21% below their average lift!