Retail Channel $ Update – October Monthly & November Advance
Cumulative inflation is having a visible iimpact – slowed growth!
Over 45 years in Consumer Products including 31+ years in the Pet Industry developing and executing successful strategic sales and marketing plans for manufacturers.
Cumulative inflation is having a visible iimpact – slowed growth!
Petflation is again +3.5%, the highest rate in 2025.
With 7.0% inflation, the 1.7% lift was really a -4.9% drop!
Inflation was low but prices were at a record high. Incomes $100K> spent 59% of Supplies $.
A record drop in sales after a record lift!
A slow and complex recovery continues!
As usual, Retail $ fell Aug>Sep but YOY lifts vs Sep 24 were widespread and most were above avg.
Except for Pet Food vs Groceries, Petflation exceeds Human Inflation.
The National CPI rose slightly to 3.0% from 2.9%, but Petflation jumped up to 3.5% from 2.5%.
Retail is definitely concentrated as 10 companies generate 21.8% of all Retail $.
