Petco

Petco Memberships, Partnerships Drive Q3 Results
Petco Memberships, Partnerships Drive Q3 Results
November 30, 2022  |  Retail

Petco has 1,500 retail locations but now calls itself a “pet platform company.” Petco CEO Ron Coughlin told investors and analysts that the chain added...

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Petco Looks to Fish, Birds, Snakes to Boost Subscription Revenue
Petco Looks to Fish, Birds, Snakes to Boost Subscription Revenue
August 30, 2022  |  Retail

In an effort to raise its subscription revenue, Petco is looking beyond dogs and cats. The company is expanding its health and wellness membership program...

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Petco’s Recurring Subscription Revenues Cushion Consumer Downshift
Petco’s Recurring Subscription Revenues Cushion Consumer Downshift
August 24, 2022  |  Retail

Not immune to inflationary economics, pet supply is dealing with the same headwinds as other consumables sectors, but with the cushion of pet parent love...

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Inflation Wags the Dog as Pet Accessories Fetch Fewer Sales
Inflation Wags the Dog as Pet Accessories Fetch Fewer Sales
July 27, 2022  |  Economy

Testing the old Wall Street wisdom that pet supply is recession-proof, inflation is biting the hand of some of the sector’s most solid performers, and...

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Petco Goes After Tractor Supply, Walmart With New Rural Farm Store Format
Petco Goes After Tractor Supply, Walmart With New Rural Farm Store Format
June 17, 2022  |  Retail

After a two-year spike in pet ownership and backyard farming, as well as an unprecedented increase in rural relocations made possible by remote work opportunities,...

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Widespread Reports of ‘Resilience’ Lift Hopes in Battered Retail Industry
Widespread Reports of ‘Resilience’ Lift Hopes in Battered Retail Industry
May 31, 2022  |  Retail

The parade of retail executives invoking “resilience” in their earnings reports last week was as long as it was diverse. In what was a literal...

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Today in Retail: Macy’s Adding More Backstage Stores; GameStop Chairman Ryan Cohen’s Tweet Boosts Company Stock
Today in Retail: Macy’s Adding More Backstage Stores; GameStop Chairman Ryan Cohen’s Tweet Boosts Company...
March 23, 2022  |  Retail

Today in retail, Instagram’s algorithm change triggers a social commerce drop for food companies, while inflation could come to the rescue for secondhand apparel retailer...

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Petco Unveils Long-Term Health and Wellness Strategy
Petco Unveils Long-Term Health and Wellness Strategy
March 23, 2022  |  Retail

Petco Health and Wellness Company, Inc. on Wednesday (March 23) is rolling out its long-term strategic plan to catch Chewy in the increasingly competitive pet...

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Today in Retail: GameStop Beefs up Legal Team; Snipes Acquires Expressions to Expand US Footprint
Today in Retail: GameStop Beefs up Legal Team; Snipes Acquires Expressions to Expand US Footprint
March 04, 2022  |  Retail

Today in retail, Costco tries to control costs as inflation continues to rise, while Gap’s muted sales report doesn’t scare investors. Plus, Petco adds vet...

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