Petflation 2024 – March Update: Turns up to +3.8% vs 2023
March Total Petflation rose to 3.8% from 3.5% in February but YTD it slowed to 4.0% from 4.1%.
Author Archive for: johngibbons
Entries by John Gibbons
Retail Sales – The Path from 2019 to 2023
Retail has largely recovered from the Pandemic, but the price surge recovery is still ongoing.
Retail Channel Monthly $ Update – January Final & February Advance
With only the 2nd Jan>Feb sales lift in 30 years, Total Retail continues its slow recovery!
Petflation 2024 – February Update: Drops to +3.5% vs 2023
The National YOY CPI rose from 3.1% to 3.2% but Total Petflation fell from 4.7% in January to 3.5% in February.
Comparing the Spending Demographics of the Industry Segments – SIDE BY SIDE
Total Pet Spending is a sum of the segments. Compare their demographic performance side by side to find the similarities and differences.
Attending GPE 2024? It is a showcase for New but has everything that you need! However, You Definitely Need a Plan!
With only 1 minute and 10 seconds to spend with each exhibitor, you need a plan!
Retail Channel Monthly $ Update – December Final & January Advance
Sales fell from December for every channel and all increases vs 2023 except for Health/Drug stores were well below their 19>24 average.
GLOBAL PET EXPO 2024…Innovation in Motion!
GPE 2024 returns to a new normal with surges in companies offering OEM and foreign exhiibitors!
Petflation 2024 – January Update: Down to +4.7% vs Last Year
In January, Petflation slowed to 4.7% from 5.1% but this is still the 4th highest January rate since 1997!
2022 Veterinary Spending was $29.71B – Where did it come from…?
After a record increase in 2021, 77% of demographic segments spent less in 2022 and spending fell -$2.95B, -9.0%.