In our industry, Tracked Channels include Food - Drug - Mass, or FDM, included in Nielsen's xAOC data, as well as pet stores (including national pet superstores,
regional pet store chains and neighborhood pet stores) and veterinary clinics, or Vet, included in data from GfK;
Could the phenomenal growth of
regional pet store chains ultimately have a negative impact on the broader pet industry?
The pet specialty retail landscape has changed pretty drastically over the years, and lines have been blurred by a number of factors, including the rise of online retailing, overwhelming interest from the investment community and — probably most prominently — the meteoric growth of a dozen or so
regional pet store chains across the country.
Not exact matches
Despite the increased focus that non-specialty retailers are placing on
pet products, as well as the continued growth of Petco and PetSmart, Merar says that
regional pet specialty
chains are proving to be the more formidable competitors for single -
store retailers.
The national and
regional pet chains, more than 3,500
stores strong, will still continue to dominate our industry.
At Red Bandanna, an independent
pet store chain of 14
stores in Georgia, at least 95 percent of the company's managers have come from established full - time or part - time staff, says
regional director Eric Cuomo - Jones.
Whether you are talking about 10 -
store single - state operations, 20 -
store regional retailers or 1,000 - plus -
store national big - box behemoths, it can not be overestimated what these
chains have meant to the world of
pet specialty retailing, particularly as the channel has faced increasing competition from mass retailers over the past several years.
In fact, even as the national big - box
pet stores and certain
regional chains across the country expanded significantly from 2007 through 2012, the total number of
pet store operators actually declined by eight percent over those five years, according to a December 2012 industry report from IBISWorld, a Santa Monica, Calif. - based market research firm.
Coming in at No. 20 on the Top 25 Retailers list with 43
stores, Chuck & Don's is a perfect example of how well - run
regional pet specialty
chains can still find ample opportunities for growth in an increasingly crowded marketplace.
In
pet specialty, the brand is available in neighborhood
pet stores,
regional chains and big box retailers.