July 2023 Update: Petflation Slows, Remains More Than Twice National CPI
Inflation might no longer be making headlines but, according to John Gibbons, the Pet Business Professor and president of A GPS for Pet Businesses, it is still impacting the pet sector. The year-over-year (YOY) increases in the monthly Consumer Price Index (CPI) that were largest that they have been in decades are slowing. July prices grew […]
Choosing Chews: Dogs Have Something to Sink Their Teeth Into
Chewing is a natural canine instinct that relieves the pain of teething, exercises jaw muscles, and cleans teeth. Chewing is also great for beating doggy boredom and can help your dog relieve anxiety or frustration by giving them something enjoyable to focus on. There are many kinds of chews on the market, making it an especially exciting sector for retailers as it generates [&hell[...]
SuperZoo 2023: An Unforgettable Experience for Building Business Connections
August in Las Vegas means one thing to the pet industry. It’s time for thousands of members of the pet care community to gather for SuperZoo at the Mandalay Bay Convention Center from August 16 to 18, with educational sessions commencing on August 15. SuperZoo’s sold-out 2023 trade show floor will span over 300,000 square […]
Let’s Celebrate! These Festive Products Will Get Pets in the Holiday Spirit
With fall around the corner, the winter holiday season isn’t far behind, and retailers are preparing for those customers looking to spoil their beloved pets with presents. As pet companionship continues to thrive, animals are considered part of the family now more than ever, which means being a part of holiday celebrations. Holiday products make […]
Petflation Rollercoaster Ride Continues, June Dips Below Double Digits vs 2022
Inflation might no longer be making headlines but, according to John Gibbons, the Pet Business Professor and president of A GPS for Pet Businesses, it is still impacting the pet sector. The year-over-year (YOY) increases in the monthly Consumer Price Index (CPI) that were larger than we have seen in decades are definitely slowing. June […]
Building Bonds: Pet Brands Help Connect Consumers, Companion Animals
The human-animal bond is a mutually beneficial and dynamic relationship between people and animals that is influenced by behaviors that are essential to the health and well-being of both. This includes, among other things, emotional, psychological and physical interactions of people and their pets. According to Human Animal Bond Research Institute (HABRI), millions of Americans view […]
Petflation May 2023: Pet Prices Remain High, Up 10.3% vs 2022
Although inflation is no longer a major headline, it is still news, especially for the pet industry. John Gibbons, the Pet Business Professor and president of A GPS for Pet Businesses, has been reporting on inflation and its impact on the pet industry. The year over year (YOY) increases in the monthly Consumer Price Index (CPI) […]
Critter Crowd Pleasers: Small Animal Pet Products Provide Sales Boost
Pet ownership in the United States has continued to climb over the past three decades, according to surveys conducted by American Pet Products Association. The percentage of pet-owning households has grown from 56 percent in 1988 (the first year the survey was conducted) to 66 percent in 2023, based on the 2023-2024 National Pet Owners […]
Petflation Update: April 2023 Pet Inflation Increases vs 2022
John Gibbons, the Pet Business Professor and president of A GPS for Pet Businesses, has been reporting on inflation and its impact on the pet industry. The year-over-year (YOY) increases in the monthly Consumer Price Index (CPI) are larger than Gibbons has seen in decades; however, Gibbons notes that it is slowing. April prices grew 0.5 […]
At The Helm: Women Leaders Overcome Obstacles to Drive the Pet Industry
Successful women leaders, both in and out of the pet industry, are typically described as being highly determined, wildly passionate and have the enthusiasm and strength to persevere under any circumstances. While women-owned businesses are in the minority, their numbers have increased significantly in recent years. In fact, they are catching up to male-owned businesses and, […]
The Cat’s Meow: Today’s Brands Give Feline Family Members Something to ‘Meow’ About
Like all pets today, cats are being recognized as valued members of our human families. Therefore, it should come as no surprise that cat parents are seeking products that can help enhance their feline’s life. That’s why it’s not unusual for customers to tell retailers, “I want the best for my cat.” It’s through research […]
Pet Brands Examine Sustainability, Reduce Environmental Impact
Every action we take affects the health of our planet. From the products that humans use to the products made for our pets, production processes and consumption methods are impacting the planet, and not in a favorable way. As awareness of the harm spreads, pet parents are seeking brands that align with their views. Pet […]