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Pet Supplies Market Hits $18.58B

It grew along with the pet food category.

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Consumers spent $18.58 billion on pet supplies in 2017, according to the Pet Business Professor blog.

That represented an increase of $2.74 billion, or 17.3 percent, versus 2016.

The blog’s John Gibbons wrote: “While Pet Food spending has shown a definite pattern, Pet Supplies have been on a roller coaster ride since 2009. Many Supplies categories have become commoditized and react strongly to changes in the CPI. Prices go up and spending goes down … and vice versa.”

In many cases, dollars saved in one of the two categories are spent in the other.

But in 2017, spending increased in both categories. (It was up $4.61 billion, or 17.4 percent, in pet food.)

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Interestingly, prices in both categories deflated, Gibbons wrote.

“Value was the ‘word’ and it was available across the market,” he explained.

Read more at Pet Business Professor

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Founder of Pet-Products Brand Dies At Age 70

Lance Reyniers launched the Python Products brand in 1984.

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Lance A. Reyniers, founder of Python Products in Milwaukee, has died.

He was 70. Reyniers passed away peacefully at home with his family by his side, according to his obituary.

Python Products offers products for aquariums and ponds.

Reyniers launched the Python Products brand in 1984.

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Reyniers also served on the board of directors of World Wide Pet Suppliers based in Monrovia, CA. He chaired the Trade Show Committee.

Reyniers was a disabled Vietnam Era veteran, having served in the U.S. Army.

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Petco Bets Big On Same-Day Delivery

The deal gives nearly 70 million households access to Petco delivery.

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BIRMINGHAM, AL — Shipt, an online grocery marketplace, announced that it is launching same-day delivery of food, grooming and health products and supplies for pets from nearly 1,300 Petco stores across the country.

The service was set to begin April 18. The partnership gives nearly 70 million households access to Petco delivery in as soon as one hour across more than 200 total markets.

“At Shipt, we make shopping more convenient for our members by providing access to all their household and grocery needs, when they need it,” said Kelly Caruso, CEO of Shipt. “We’re thrilled to now offer the same convenient service for every member of the family, including pets. Our partnership with Petco demonstrates Shipt’s continued commitment to expand into new categories, make life easier for our members, and bring the store to their doors.”

Shipt’s marketplace gives members the ability to browse, search and shop the in-store assortment of products online. Members can note preferences, choose a one-hour delivery window and pay for their order, all within the app. Shipt’s expert team of shoppers takes care of selecting, bagging and delivering the items. The annual membership, which costs $99, grants access to free, unlimited delivery on orders of more than $35.

“We strive to provide a connected, seamless shopping experience that meets the needs of modern pet parents – no matter when, where or how they want to shop with us,” said Karime Benaissa, vice president and general manager of eCommerce for Petco. “We’re thrilled to add Shipt same-day delivery as another option and a new way for pet lovers to shop our highly curated selection of high-quality pet products, including our own WholeHearted food for dogs and cats, and other Petco exclusive products that can’t be found anywhere else.”

Shipt members can determine if delivery is available in their area by visiting shipt.com/petco.

RetailWire notes that Petco also has a same-day delivery arrangement with Instacart.

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State Bill Would Ban Pet Leasing

A few other states already have similar laws.

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A proposed law in Connecticut would ban the practice of pet leasing.

The legislation seeks to outlaw leases in which the new pet owners accept high interest rates and believe they are agreeing to a payment plan, the Connecticut Post reports.

Such agreements open the possibility of the pet being repossessed at a later date, according to the publication.

The state Senate approved the ban last week. The proposed legislation will now be considered in the state House.

Bob Duff, a Democrat serving as Senate majority leader, said: “As a pet owner myself, I could never imagine leasing a pet and then after six or nine months or whatever it is, giving it back. They might actually think they own the pet instead of leasing the pet.”

According to the Post, pet leasing has already been banned in Nevada, California and New York.

The Connecticut proposal would still allow for certain types of pet leases, including “those for breeding purebred dogs, renting show animals or obtaining guide or law enforcement dogs,” according to the Post.

Find out more at the Connecticut Post 

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