Disposable Income

Jan- 2025 -

2 January

Pet skin and coat care products market to be worth $10.6bn by 2032

The global pet skin and coat care products market will be worth $10.6bn by 2032, according to data from Archive Market Research (AMR). As it currently stands the market was worth $5.37bn in 2023 as the market grows rapidly. AMR stated that this was driven by increasing pet ownership and…

Jul- 2024 -

24 July

Economy

Global pet industry to grow to $500bn in revenue by 2030, BI finds

The global pet industry will expand by more than 45% over the next six years, surpassing $500bn (£386.8bn) by 2030, according to a new report from Bloomberg Intelligence (BI). The surge will be driven by increasing pet ownership, particularly in emerging markets like China, robust sales in pet food, strong…

Feb- 2022 -

2 February

Economy

Shop price inflation surges to 1.5%

Shop Price annual inflation accelerated to 1.5% in January, up from 0.8% in December, according to latest research from the British Retail Consortium (BRC). This is taken from the period covering 1 – 7 January 2022 and reveals it is above the 12-month average decrease of 0.6 and six-month average…

Jul- 2021 -

30 July

Coronavirus

One in seven UK shops still remain vacant, BRC reveals

More than one in seven shops on UK high streets, retail parks and shopping centres are currently vacant, according to the latest data from the Local Data Company and the British Retail Consortium (BRC). The data revealed that fashion stores were amongst the “hardest hit” as customers primarily shifted to online shopping…

Sep- 2020 -

3 September

Manufacturers

Webbox donates to RSPCA branches

Webbox announced it has donated over 9,000 meals to animals currently housed across RSPCA’s branches. The pet supply group warned that animal charities have been “drastically impacted” by the pandemic, partly due to factors such as the closure of charity shops, cancellation of fundraising events and donors having less disposable…

Jul- 2020 -

31 July

Tips

Marketing for Different Pet Parents’ Generation- Why It’s Crucial

If there’s one common thing about all the current generations, it’s their unconditional love for their pets. There are pet owners in the UK from Gen Z to Gen X, Baby Boomers, and even Builders! Although the Millennials are considered having the primary purchasing power as of the moment, most…

Nov- 2018 -

29 November

Features

QVC for pets

Most people, even if they won’t admit it, have at some point in life allowed their television remotes to take them to the darker side of the TV guide, the higher numbers, where channels such as QVC, Price Crash and The Jewellery Channel try to get you to embrace teleshopping…

Feb- 2018 -

9 February

Retailers

UK high street sees ‘glacial growth’ in January

In the month of January, total like-for-like sales were up by 0.6% compared to 0.1% for the same month last year, according to business advisory firm BDO’s High Street Tracker report. Excluding the drop in January 2017, the growth this month for the traditional sales season was still the lowest…

Nov- 2017 -

6 November

Current Affairs

Shop price deflation stays at four year low

For the second consecutive month, shop price deflation has remained 0.1 percent. According to figures from the British Retail Consortium (BRC) and Nielsen, September and October saw the shallowest rate in the last four years. Non-food products saw deflation of 1.5 percent. October’s food prices recorded the same increase as…

Oct- 2017 -

19 October

Current Affairs

UK retail sales growth slows more than expected

UK retail sales growth slowed more than predicted in the month of September, according to the Office of National Statistics (ONS). The figures showed that total sales fell by 0.8 percent when compared with August, making it much lower than the 0.1% drop that was expected. Year-on-year retail growth for Q3…