The pet category is booming. Booming more than ever, one could say. In fact, the global pet care market has reached $235.32 billion and is expected to keep growing from $246.66 billion in 2023 to around $368.88 billion by 2030. But how did we get here? The...
This retail season, the spotlight is on customer value, and Chewy is serving it up to its customers who foot the bill for their furry companions — also cherished customers. According to the company’s latest earnings report, Chewy exhibited strong performance during Black Friday and...
Chewy stock experienced its most significant surge in nearly four years following the pet-products retailer’s sales performance that surpassed expectations. The company’s stock received a boost from the success of its recurring-purchase program. Chewy CEO Sumit Singh said in a Wednesday (May 31) earnings release that net...
January 16, 2024
The pet category is booming. Booming more than ever, one could say. In fact, the global pet care market has reached $235.32 billion and is expected to keep growing from $246.66 billion in 2023 to around $368.88 billion by 2030. But how did we get here? The pandemic and a growing interest in pet ownership have driven […]
