Pet & Pet Supplies Stores

Pet & Pet Supplies Stores

Brief Excerpt from Industry Overview Chapter:

Companies in this industry operate physical retail establishments that sell pets, pet foods, and pet supplies. Major companies include Petco, Petland, and PetSmart (all based in the US); along with Global Pet Foods and Pet Valu (both based in Canada), and Pets at Home (UK).

COMPETITIVE LANDSCAPE

Pet ownership drives demand, and spending generally resists economic cycles. Profitability for individual companies depends on the ability to generate store traffic and effective merchandising. Large companies offer low prices and wide selections of both products and services. Small companies compete effectively by serving a local market, selling unique products, offering specialized services, or providing pet expertise. The US industry is concentrated: the 50 largest companies account for over 75% of industry revenue.

PRODUCTS, OPERATIONS & TECHNOLOGY

Major products are pet foods and wild bird feed, which account for about 55% of the industry's revenue. Other sources of revenue include pet supplies and wild bird supplies (about 30%).