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Ron Coughlin Steps Down as Petco CEO, Mike Mohan Named Interim CEO
Petco Health and Wellness Company, Inc. has announced the company’s board of directors has appointed R. Michael Mohan to serve as interim chief executive officer, effective immediately. Ron Coughlin has stepped down as Petco’s chief executive officer, chairman and member of the board of directors. He will serve as an advisor to the board to […]
NASC Reports Publication of Landmark Safety Study of Cannabidiol Pet Products in Healthy Dogs
The National Animal Supplement Council (NASC) recently announced that Frontiers in Veterinary Science has published results from the first-of-its-kind peer-reviewed safety study of cannabidiol products in healthy dogs. In the study, different cannabinoids were well tolerated in healthy male and female dogs when dosed for 90 consecutive days with a 14-day recovery period. Based on the results [&h[...]
Mella Pet Care Secures Investment from Entrepreneur Mark Cuban on ABC’s ‘Shark Tank’
Mella Pet Care, developers of connected pet health devices, last week appeared on ABC’s hit TV show “Shark Tank” and reached an investment deal with entrepreneur Mark Cuban. The company pitched the Shark Tank investors on an ecosystem of health monitoring solutions for veterinarians and pet owners — including the first-ever noninvasive, accurate underarm thermometer […]
Innovation in Motion: Global Pet Expo to Showcase Pet Products, Services
Since 2005, Global Pet Expo has been a leading pet industry event that brings manufacturers, buyers, suppliers and distributors together to network and partner. Co-produced by the American Pet Products Association (APPA) and Pet Industry Distributors Association (PIDA), the international event will be showcasing more than 1,000 exhibitors to experience “Innovation in Motion,” which is the t[...]
Nature’s Dynamic Duo: Cannabinoids, Mushrooms Play Important Roles in Pet Wellness
While many people have embraced medical marijuana for health ills, the concept of treating pets and zoo animals with cannabidiol (CBD) and Tetrahydrocannabinol (THC) is still in its early years. The New York Times recently published an article, Curing Animals with Cannabis, that tells the story of a captive elephant, Nidia, and the suffering she was […]
Snacking with Purpose: Bet on the Beneficial Ingredients of Functional Pet Treats
Some pet treats are designed for sheer indulgence, a decadent snack for pet parents to spoil and reward their companion dog or cat. However, some treats have been formulated to serve a purpose, be it nutritional or for some other health-related cause. These are functional treats. Functional treats are commonly described as pet treats that […]
Eco-Conscious Consumers Shape the Future of Sustainable Pet Products
Pet parents have long been pushing for more natural pet products, be it organic ingredients in food and treats, compostable packaging or even environmentally friendly bedding for small animals. In 2021, in response to this consumer demand for natural and eco-friendly products, Petco announced a commitment to increasing its assortment of sustainable products to 50 […]
PFI Announces Support for New Federal Legislation to Modernize Pet Food Regulation
The Pet Food Institute (PFI), whose members produce the vast majority of dog and cat food and treats in the United States, announced its support for new federal legislation that would modernize and streamline how pet food is regulated. Under the proposed bill, H.R.7380, the U.S. Food and Drug Administration (FDA) would have regulatory authority over the labeling and ingredient review pro[...]
FDA: Man Sentenced to 97 Months in Prison for Scheme to Sell Fraudulent Canine Cancer Drugs
United States Attorney Jacqueline C. Romero recently announced that Jonathan Nyce, 73, of Collegeville, Pennsylvania, was sentenced this month to 97 months in prison, three years of supervised release, and a $500 special assessment for carrying out a years-long scheme to defraud pet owners of money by falsely claiming to sell drugs that could cure […]
Report: ‘Petflation’ Outpacing National Inflation Rate
Despite an overall slowdown in inflation in January, Petflation (inflation in the pet industry) remains strong, with a rate of +4.7 percent, 51.6 percent above the national inflation rate of +3.1 percent. Petflation has been on the rise since 2022, reaching its peak in January 2023, and continues to exert influence on consumer pet spending, […]
Department of Justice: Covetrus Pleads Guilty to Criminal Misbranding of Veterinary Prescription Drugs
According to a U.S. Food and Drug Administration (FDA) compliance and enforcement report, Covetrus North America LLC, a company based in Dublin, Ohio, which sells veterinary products to customers across the United States, has pled guilty to causing the introduction and delivery of misbranded veterinary prescription drugs into interstate commerce. As part of the agreement, […]
DCM-Related $2.6B Class Action Suit Filed Against Hill’s Pet Nutrition, Academic Veterinarians
Wolf Haldenstein Adler Freeman & Herz LLP, a leading law firm in protecting consumers and small businesses against corporate fraud and unfair competition, recently announced it has filed a major class action lawsuit against Hill’s Pet Nutrition, Inc., a subsidiary of Colgate-Palmolive Co. and one of the country’s largest manufacturers of grain-containing pet food products, [&hellip[...]
