The mix of merchants and service providers aiming to take a bite out of the pet care space has never been larger. In retail, Eddie Bauer will become another brand added to the stable of SPARC Group. And in dining, consumers’ food ordering preferences are changing alongside their pandemic fears. All this, Today in Data.
Data:
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63.4M: Total addressable market of dog owners in the pet care business.
50%: Share of consumers concerned about the pandemic’s economic impact who use loyalty programs.
38%: Portion of pet owners who are considering getting a second cat or dog to keep their existing pet company.
$8.6B: SPARC’s approximate annual global retail sales.
$1.4K: Amount the average dog owner spends on their pups.
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