News

Webinar: Opportunities & Value for Your Business

Presented by Curt Jacques, Pet Store Pro and Global Pet Expo

Wednesday, March 6, 10 a.m. Eastern

Make Global Pet Expo one of your most-effective tools for gaining buying power and a competitive edge. In this free webinar, a 2013 Global Pet Retail Excellence Award Winner will draw on his own experiences to help you make the most of your time and money investment.

Learn how to apply pre-show strategies to maximize your customer impact, create a literal roadmap for success on the show floor, network intelligently to influence your bottom line, and carry your success forward after the show. Presented by Curt Jacques from West Lebanon Feed & Supply and Retail Mechanics Business Consulting, March 6, from 10 a.m. to 11 a.m. Eastern. Register today.

Pet Economics Report (Nov. 2018)

2017 U.S. Pet Supplies Spending Grew 17%

By John Gibbons, the Pet Business Professor

2017 was a record-setting year for the pet industry, as spending soared by 14.6% compared to 2016. Growth in the pet supplies segment exceeded this rapid pace, with spending reaching $18.6 billion, a 17.3% increase. In 2017, the average household spent $142.90 on pet supplies, up 16.9% from $122.25 in 2016. For detailed analysis, log into Pet Store Pro to read the full report.

Pet Economics Report (Oct. 2018)

2017 U.S. Pet Food Spending Totals $31 Billion

By John Gibbons, the Pet Business Professor

The U.S. pet industry had a spectacular year in 2017, with spending skyrocketing 14.6% to $71.1 billion. In the largest segment, pet food (and treats), spending reached $31.1 billion, a 17.4% increase from 2016. Spending in pets and supplies and veterinary also experienced double-digit growth, up 17.3% and 14.1% respectively. The only sour note was in pet services, which declined slightly. For detailed analysis, log into Pet Store Pro to read the full report.

Pet Economics Report (Sept. 2018)

U.S. Retail Trade: 2017 Sales Update by Channel

By John Gibbons, the Pet Business Professor

The total U.S. retail market in 2017 reached $5.75 trillion, up $235 billion (+4.3%) from 2016. This was significantly better than the prior year’s growth (+3.2%). In 2017, general merchandise stores, food and beverage, and non‐store categories accounted for 59% of the total retail market and 60% of pet product sales. In comparison, pet specialty stores accounted for 33% of pet product sales in 2017. Log into Pet Store Pro to read the full report.

Webinar: Planning a Successful Pet Event

Presented by Nancy Hassel, Pet Store Pro and Global Pet Expo

Tuesday, Sept. 18, 2 p.m. Eastern

Help your store stand out from the crowd as a "go-to" place for festive, fun, unique and educational pet events. Successful pet events help draw in new customers, attract media attention, create community and cross promote nearby businesses.

Learn how to create a step-by-step plan to create, plan, promote and host a successful pet event with a successful veteran of over 600 pet industry events. Presented by Nancy Hassel from American Pet Professionals, Sept. 18, from 2 p.m. to 3 p.m. Eastern. Register today.

Webinar: Winning Customers by What You Say

Presented by Lynn Switanowski, Pet Store Pro and Global Pet Expo

Tuesday, June 14, 2 p.m. Eastern

Words matter, in life — and in social media for your pet business. Finding the right words for your posts, tweets and blogs will give them more impact — and get people talking and buying.

Learn how to develop a step-by-step plan to connect with customers of all generations and turn them into brand evangelists who will help you sell your store’s products and services. Presented by Lynn Switanowski from Creative Business Consulting Group, June 14, from 2 p.m. to 3 p.m. Eastern. Register today.

Pet Economics Report (May 2018)

U.S. Pet Food Spending (Mid-Year Report)

By John Gibbons, the Pet Business Professor

According to the U.S. Bureau of Labor Statistics, consumer spending on pet food and treats totaled $28.4 billion for the 12 months ending June 30, 2017. Spending was up 7% compared to the 12-month period ending Dec. 31, 2016, but relatively flat (-0.6%) compared to the same period one year ago. The strong growth in the first half of 2017 suggests that the industry is on track for increased spending in 2017, which may set a new high record for pet food. Log into Pet Store Pro to read the full report.

Pet Economics Report (April 2018)

U.S. Pet Product Sales in 2017: $46.3B

By John Gibbons, the Pet Business Professor

According to data from the American Pet Products Association, U.S. pet industry sales reached $69.5 billion in 2017, up 4.1% from 2016. With the exception of live animals, all industry segments experienced sales growth. Pets and supplies, together with pet food, still account for two-thirds of total industry sales. Log into Pet Store Pro to read the full report.

Pet Economics Report (Jan. 2018)

2016 U.S. Pet Spending by Generation – The Younger Groups Step Up!

By John Gibbons, the Pet Business Professor

U.S. consumers spent $7.4 trillion dollars in 2016, up 235b (+3.3%) from 2015. Of this huge sum, $67.29b (0.91%) was spent on our companion animals. Despite increases in three industry segments, overall pet spending fell $0.46b (-0.7%) in 2016. Our initial analysis indicated that much of the decrease can be attributed to pet parents value shopping for premium pet food. This shopping behavior which is so heavily driven by price has implications for all industry segments and retail channels. In this report we will look at pet spending for perhaps today’s most “in demand” demographic measurement – by generation. Are the baby boomers starting to fade? Are millennials stepping up? What about generation X? Log into Pet Store Pro to read the full report.

Free Webinars from Pet Store Pro & Global Pet Expo

Join Pet Store Pro for a series of hosted events to help your pet store be more successful. Featuring speakers from Global Pet Expo 2018, these free webinars and other special events will deliver expert advice on all aspects of your business, including marketing, business development, inventory management, staff training and development, finance and visual merchandising. Learn more.

news