While the humanization trend and the empty nests of Baby Boomers often get the lion's share of credit for fueling the success that the pet care market has enjoyed in recent years, that success ultimately may not have been possible without the handful of product manufacturers that have long served as the bedrock upon which
the retail pet industry was built.
The retail pet industry, as we all know, is being squeezed on all sides, and merchants need to understand all of the opportunities and risks.
Two years later, on the eve of another Global Pet Expo in Orlando, Fla., I am here to tell you that this retailer, who will go unnamed, was right and that this practice has the potential to undermine the entire
retail pet industry.
What is the state of
the retail pet industry?
What makes Pet Supplies Plus (PSP) a leader in
the retail pet industry?
Chris Miller, president of Pacific Store Designs, has been active in the design and development of
the retail pet industry for the past 35 + years.
The retail pet industry's trend toward natural and eco-friendly products has quickly gained momentum over the past several years, and pet specialty stores are positioned to profit from this movement.
The retail pet industry will not be immune to this trend.
That little piece of advice is just what the doctor ordered for
the retail pet industry.
Chicken coops and rabbit hutches were repurposed for dogs, and
the retail pet industry — pet stores large and small — boomed with the increasing supply of puppies from the new «mills.»
After a total of five years in
the retail pet industry, Jennifer made the worthwhile transition to working in animal welfare and began her career with Austin Animal Center.
For more than 45 years, we have been
the retail pet industry leader in the area of animal care with ongoing staff training programs, in - store animal husbandry systems and community service programs aimed at placing homeless pets and curbing pet overpopulation in the community.
«
The retail pet industry has a system - wide problem that begins with cruel puppy mills, continues with the way they ship baby animals across the country in cramped quarters, and ends with consumers often being sold sick animals at an inflated price,» John Goodwin said.
With a well - versed staff of full - time journalists complemented by a group of industry experts — many with 20 or 30 years of experience working in the pet industry — we have developed the finest publication in
the retail pet industry.
But Pet Supplies Plus may have remained a relatively small player in
the retail pet industry world had management not started to look for an outside revenue source to both level the playing field with the big players in the industry and fund growth.
When the news of their emboldened move to acquire the dynamic fish distributor Segrest broke in 2016, it proved beyond a doubt Central's commitment to grow
the retail pet industry.»
For the second time in eight months, the economy appears to be at a crucial juncture, one that could determine the fate of
the retail pet industry during the vital holiday selling season.
Not exact matches
For 30 years,
Pet Supplies Plus has been a leader in the
pet supplies
retail industry and our mission to be America's Favorite Neighborhood
Pet Store has never wavered.
Keep up the great work
Peter, Larry and all else who have been the pioneers of this nascent
retail industry.
«Lord & Taylor has really had a difficult 25 years,» said
Peter J. Solomon, a longtime deal maker in the
retail industry who founded the namesake investment banking firm.
Beverage
industry stalwart
Peter Brooks has three words of advice for grocery manufacturers decrying the march of
retailers» private label brands — get over it.
Peter now has over 25 years experience in the wine and hospitality
industry, including local and international wine show - judging, independent wine
retailing, imported wine wholesaling, restaurant wine list design and training, as well as commercial procurement experience with both hotel groups and airlines.
Family holidays to the great wine regions of Europe consolidated this interest and
Peter decided to pursue a career in the wine
industry, commencing with a role at UK wine
retailer Oddbins prior to returning to Australia to study wine marketing at Adelaide University.
Will consolidation among
pet industry distributors make it more difficult for independent
retailers to access the products they need to set themselves apart from their competition?
Four years ago, Mellace joined the American Kennel Club
Retail Advisory Council, which meets five times a year to discuss ethics in the
pet industry.
All too often, when members of the
pet industry discuss the challenges facing today's specialty
retailers, the conversation focuses on some undefined period down the road.
If today's five and 10 year olds fail to develop that connection with animals and the desire to own one, the
pet industry will face an impoverished market and a rapidly dwindling customer base that will no longer be able to support an
industry thriving with perpetual product innovation and an abundance of small, independent
retailers.
Like it or not, the Internet has become a big influence on consumer shopping patterns; and while e-commerce still accounts for only a relatively small portion of
pet product sales,
industry experts almost universally agree that we are only seeing the tip of the iceberg when it comes to the impact that web - based
retailing will have on the
pet care category.
Pet industry groups include a showcase for dog products,
pet insurance specialists, marketing groups,
retailers, trainers, photographers and even a group for
pet waste removal service companies.
Online
retail is continually growing in the
pet industry, and we want to help our customers stay on top of the trend.
Some of the key findings of The Millennialization of the
Pet Industry —
Retail's Opportunity to Reach the
Pet - Obsessed Report include: Lots of Love • Most Millennial
pet owners (65 percent) say it would be more stressful to be separated from their
pet for a week than their cell phone.
The natural products movement has become one of the most important trends within the
pet industry - particularly for small, independent
retailers looking to set themselves apart from larger competitors.
In each of these cases, however, the impact on the
industry overall was somewhat blunted by the diverse demands of a healthy base of independent
pet specialty
retailers, which created an environment where emerging companies could rise in the vacuum left by conglomeration.
After attending Global
Pet Expo, the Lewises were inspired to go into the
pet retail industry.
Today, the U.S
pet industry boasts more than $ 60 billion in revenue each year, and
pet products can be found in almost every
retail setting imaginable.
By explaining the virtue of some of the coolest
pet bugs the
industry offers,
retailers can win over even the most reluctant customers.
Feeding Customers Information With so many advancements in the world of
pet feeders and fountains,
industry experts emphasize the importance of consumer education to
retailers as part of their marketing and sales strategy.
What are some of the strengths that
pet specialty
retailers have that will be particularly important in driving growth for the
industry over the next few years?
Retailers and suppliers are eager to discover and discuss new products that will help keep the momentum going for the booming
pet industry.
Specifically in the
pet industry, features that make it easy for
retailers to track all the relevant details about their customers» furry friends can be key to strengthening personal relationships and building customer loyalty.
Feedback from
retail customers is a key part of the company's approach as it strives to grow and change along with the rest of the
pet industry.
When I first entered the
pet world as a tropical fish hobbyist more than 40 years ago, it was very much a family run
industry, particularly on the
retail side.
Global
Pet Expo is teaming up with the
Pet Industry Distributors Association's
Pet Store Pro free online
retail training program to offer
pet retailers a series of hosted events to help
pet stores be more successful in 2018.
Orlando - Orlando, FL Merchandising & Store Design Excellence Riverfront Pets - Wilmington, DE Customer Service Excellence Bay State
Pet & Garden Supply - Taunton, MA Community Service Excellence Natural Pawz - Spring, TX At the awards ceremony, this year's winners were excited and humbled to be recognized as some of the premier
retailers in the
pet industry.
There are several nutrition trends generating a lot of buzz in the
pet industry, but buzz alone will not bring success to today's brands and
retailers.
A new study conducted by the
Pet Industry Distributors Association is revealing what
retailers want from their
pet product distributors.
While the
pet industry has proven to be fertile ground for growing successful
retail chains, expanding a one - store operation into a multi-unit powerhouse can be quite challenging — and risky — when you're working with limited resources.
Steve King, president of the
Pet Industry Distributors Association (PIDA) discusses the
pet specialty channel's evolving distributor landscape and growing efficiencies in the
retail supply chain.
Of course, this is not to say that there are not bad characters in the marketplace; and as the
pet food market continues to prove one of the most stable and profitable
retail segments, there is always the risk that more will be drawn into our
industry.
The
Pet Industry Distributors Association (PIDA) is engaged in a comprehensive survey of
pet retailers and their distributor relationships.