|
Industry Roundup |
Pet Food
|
Purina introduces vending machines that gives out free pet treats at Westfield Century City Mall in Los Angeles until December 24; brands dispensed include Beggin' or Dentalife treats for dogs or Fancy Feast Savory Treats or Friskies Party Mix for cats
Nestlé Purina PetCare Co. (12/05)
Nestle Purina recalls Purina Pro Plan Veterinary Diets EN Gastroenteric Low Fat, PPVD EN Low Fat wet dog food in 13.4-oz cans; recall due to mislabeled cans of Purina ONE True Instinct Tender Cuts In Gravy With Real Turkey & Venison wet dog food
CE Noticias Financieras (Latin America) (12/05)
|
|
Pet Care Products
|
Pet product development company Green Lite Line releases Ultrasonic Anti-Barking Control Device on Amazon; device boasts being 3.3 times more effective than an anti-bark collar, features one-hour charge for 32-hour battery
EIN Presswire (12/02)
Rapper Snoop Dogg partners with designer Little Earth Productions to launch a brand of dog apparel and accessories called Snoop Doggie Doggs; line includes plush toys, bowls, collars and dog clothing in sizes XS to XL as well as a size for ‘big dogs’
Apparel Resources (12/02)
|
|
Pet Care Services
|
Pet Supplies Plus announces its largest multi-unit operator, US Retail Holdings, signed a deal to purchase 29 Wag 'N Wash stores; majority of stores to be opened across Nashville, Tennessee, and Dallas over the next four years
PR Newswire (11/29)
|
|
Pet Care
|
Euromonitor: Availability of dog/cat food products in Europe has been significantly impacted by supply chain issues, rising competition for commodity goods due to war in Ukraine; France sees highest increase at 31% in dog/cat food price over March-October
Euromonitor International Ltd. (12/02)
California-based Pet Food Express appoints Denyelle Bruno as CEO; Bruno brings 25 years of experience in the retail, personal care, and hospitality sectors, including at Apple, and currently serves as a board director for the American Veterinarian Group
Business Wire (12/02)
Church and Dwight to invest US$50M to expand cat litter manufacturing capacity at its facility in Old Fort, Ohio, which will create 80 jobs; project to invest in machinery, new processing equipment and rail improvements and is expected to finish in 2024
Fremont News-Messenger (OH) (12/02)
|
|
Pet Food
|
Petco to become first and only retailer to offer Stella & Chewy's raw, natural food products online and in brick-and-mortar stores in all 50 states in January 2023; brand's freeze-dried raw-coated dry kibble is available in grain-free, with-grain recipes
PR Newswire (12/01)
|
|
Club Store
|
Kroger CEO says Kroger, Albertsons merger would still remain fourth in terms of total revenue among US grocery retailers behind Walmart, Amazon, Costco; however, Euromonitor finds Amazon has 1.2% of US grocery sales, while Kroger has 8%, Albertsons 5%
Business Insider (12/02)
Costco reports net sales of US$19.17B for four weeks ended Nov. 27, up 5.7% from US$18.13B last year; total company comp sales up 4.3%, US segment up 6.0%, Canada up 1.0%, other International down 1.0%, e-commerce down 10.1%
GlobeNewswire (12/01)
|
|
E-Commerce Trends & Statistics
|
Amazon says fake order confirmation is one of the most common types of online fraud it sees during holidays, accounting for over 50% of Amazon impersonation scams; one of the most effective ways company protects customers is holding bad actors accountable
Governance, Risk & Compliance Monitor Worldwide (12/05)
Deloitte predicts spending for goods and services on social media will exceed US$1T globally in 2023, growing 25% annually with more than 2 billion people shopping this way in the last year; social commerce market is outgrowing traditional e-commerce
PR Newswire (12/05)
|
|
Mass Merchandise Retailers
|
Lowe's Black Friday in-store traffic falls estimated 18.6% year-over-year, compared to 5.3% for Walmart, 2% for Target, per Placer.ai; however, global online searches for 'Black Friday deals' are up 246.6%, per Semrush data, suggesting a shift to online
Business Insider (11/30)
|
|
Supermarket
|
Meijer to open new Meijer Grocery store concept in Michigan's Orion, Macomb townships; stores will be 75,000- to 90,000-sq-ft each and feature departments including produce, meat, bakery, full-service deli, pharmacy, health & beauty care, more
PR Newswire (12/05)
New Mexico attorney general announces opioid settlement with Kroger in deal that will deliver nearly US$60M to the state, local communities within next 90 days; funds to be spent on efforts to address the opioid crisis statewide
Silver City Daily Press & Independent (NM) (12/05)
|
|
Stock
|
Latest: Dec, 05 2022
|
Latest Value |
Prev |
Chg |
YOY Chg |
Watchlist |
Freshpet Inc. (FRPT)
|
60.26
|
63.95
|
-5.77%
|
-41.09%
|
Spectrum Brands (SPB)
|
61.95
|
66.68
|
-7.10%
|
-37.43%
|
|
|
|