European pet product retailer Fressnapf's 2011 sales rose by 5.2 percent over 2010 sales, to €1.36 billion (US$1.7 billion), in 11 European countries.
In Germany, Fressnapf's 2011 sales increased 3.4 percent to €913.5 million (US$1.2 billion), which comes after the petfood and accessory retailer opened 23 of its 56 new stores there in 2011.
In 10 other countries where Fressnapf trades under the name Maxi Zoo, sales rose 9 percent to €448.9 million (US$587.1 million) in 2011. The company reported its total like-for-like sales were up by slightly more than 1 percent.
Public meetings invited comments and provided updates
The intent was to educate regulators and industry about the Model Pet Food Regulations
Committees discussed key proposals such as a possible shift in the oversight of animal feeds
Read more of Dr. Mukund Parthasarathy's insights on the changing petfood retail market and how it affects petfood manufacturers large and small
While petfood shoppers continue to show strong brand loyalty, pet products have not been immune to the store brand swing
As an industry, are we missing a huge opportunity to take advantage of another aspect of the human-pet bond?
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