Page 79 - PET worldwide issue 02/2022
P. 79

Mars shows appetite for                               Lowe’s and Petco to cooperate
             D2C companies                                         DIY chain Lowe’s and the pet   the end of March 2022. It is re-

                                                                   store  chain  Petco  have  an-  ported that the joint Lowe’s and
             Mars has acquired Nom Nom.   plements for pets. The company
             The Nashville, Tennessee-based   counts Anchor Capital, Coef-  nounced a pilot programme for a   Petco branches are likely also
             direct-to-consumer (D2C) pet   ficient Capital and Greycroft   store-in-store concept. According   to offer a selection of Petco ser-
                                                                   to a press release, established   vices for pets. These will include
             food brand will be an autono-  among its backers, according to
                                                                   products, services and expert   Vetco vaccination clinics, micro-
             mous brand within Mars’s Royal   data providers.
             Canin division, according to   Consumer product manufac-  knowledge relating to the home   chipping, prescription-only pest
             Mars. The company declined to   turers have been tapping into   and pets are to be combined in   treatments and mobile grooming
             comment on the price.      the growing pet market as pet   selected branches of Lowe’s.   in certain locations and at certain
              Through its website Nom Nom   ownership boomed during the   The first store-in-store concept   times. Knowledgeable Petco staff
                                                                   will probably be unveiled in early   will be deployed in the pilot stores
             sells fresh, whole-ingredient pet   pandemic and millennials and
             foods approved by pet nutrition-  Generation Z spend more on   February in the Lowe’s store in   during peak hours. Every week,
             ists. It also sells treats and sup-  pets. Last year, Mars bought di-  Alamo Ranch, Texas. It is then   over 300 000 employees in more
                                        rect-to-consumer cat litter com-  going to be expanded to 14 other   than 2 200 Lowe’s branches
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                                        pany PrettyLitter in a deal worth     Lowe’s locations in Texas, North   serve around 20 mio customers
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                                        under 1 bn dollars. In 2020, it  t    Carolina and South Carolina by   in the United States and Canada.
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                                        acquired Veterinary Specialty
                                        acquired Veterinary Specialty
                                                   Hospital of Hong
                                                   Kong, an emer-
                                                   gency health ser-
                                                   vices provider for
                                                   animals.
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                                             Nom Nom sells fresh,  ,                                                    Photo: Petco
                                             Nom Nom se
                                                          sh
                                             whole-ingre dient pet foods
                                             whole-ingre dient pet foods
                                             approved by pet nutrition-
                                             approved by pet nutrition-  The new concept is expected to be extended to 15 branches by the end
                                             ists through its website.
                                             ists through its website.  of March.
             Cats for Future nominated for award Double-digit growth in pet food
                                                                   sales
             Cats for Future is an initiative sup-  tion and grateful to have had
             porting environmentally aware,   the opportunity in the European   Swiss  consumer goods com-  Japan, Australia) Purina pet care
             sustainable cat owning. Its main   Week for Waste Reduction to   pany Nestlé increased its pet   products saw double-digit sales
             aim is to draw attention to the en-  draw attention to the growing yet   food sales from CHF14 bn to   growth compared with 2020. In
             vironmental problems caused by   largely unknown environmental   CHF15.556 bn last year, accord-  Europe and North America, de-
             mineral cat litter, with the initiators   problem,” says Michael Behnke,   ing to its annual report for 2021.   mand for premium pet care was
             wanting to boost a change of at-  spokesman for the initiative.  As in the previous year, pet food   particularly strong. In Europe,
             titude towards plant-based litter.  Near 1 500 projects registered   made a major contribution to the   Nestlé Purina saw particularly
              Cats for Future has now been   for the week of action and pre-  group’s organic growth of 7.5 per   strong growth in online and pet
             nominated in the Special Prize   sented their approaches in vari-  cent. In all regions, i.e. AMS (in-  retail, according to the annual re-
             category for the best campaign   ous formats. The winners of the   cluding USA, Canada, Brazil and   port. Sales of the two acquired
             of the European Week for Waste   European Awards will be recog-  Mexico), EMENA (Europe, Middle   companies, Tails.com and Terra
             Reduction (EWAV). “We are very   nised at the award ceremony in   East and North Africa) and parts   Canis, increased by almost 40
             pleased to receive this nomina-  Brussels at the start of June.  of AOA (including China, India,   per cent.
             PET worldwide 2|2022                                                                                    79
       PWW2022-02_Buch.indb   79                                                                                04.05.2022   10:16:58
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