Chewy

Articles on Chewy

  1. Data & Insights

Long-Term Themes Webcast

Join YipitData Product Expert Manager Katie Tang, Research Specialist Nitin Reddy, and Research Associate Geoffrey Tseng on Wednesday, March 6th at 12:30pm ET as they describe data insights and long-term themes for Wayfair (W) and Chewy (CHWY). The team will discuss: Market share dynamics in home goods and pet retail spaces Competitive landscape and exposure […]
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  1. Shopper & Customer

Retail Customer Satisfaction On The Upswing

The American Customer Satisfaction Index (ACSI) Retail and Consumer Shipping Study 2023-2024 is out, concluding that “overall customer satisfaction surging 4% to a score of 78.0 (out of 100).” According to the report, “More than 60% of retailers measured see their individual ACSI scores improve in 2024 …  Customer satisfaction with online retailers remains unchanged […]
2 min read
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  1. Department: Nonfood

Chewy Invests in Pet Health Through Vet Clinics, Insurance Offering

In a keynote session during the final day of the NRF Big Show in New York City last week, Sumit Singh, CEO of pet brand Chewy, outlined the company’s vision for the future, including the growing importance of pet healthcare to the business. Singh was interviewed by Phil Wahba, senior writer at Fortune. Here are […]
3 min read
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  1. Department: Nonfood

Are Generalists Pushing Out Pet Supply Pure Players?

Pet supplies saw immense growth in 2023, with GMV among top retailers up 16% vs 2022. Generalists Amazon and Walmart contributed largely to the category’s growth, growing their market share at the expense of pet supply pure players, Petco and Chewy. Amazon saw the largest market share gains in the category, up +2.2 pp, while […]
2 min read
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  1. Media & Marketing

New Haven-Style Pizza Is Having A Moment

The New York Times has a piece about how New Haven-style pizza suddenly seems to be all the rage – with expanding popularity even in its hometown of New Haven, Connecticut, and growing popularity outside the region. Here’s how the Times sketches out the situation: “The pies are distinct: more of a meal than the […]
2 min read
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  1. Data & Insights

Amazon Private Label Disrupting Pet Hard Goods Players

In recent years, there has been a noticeable shift from traditional brick-and-mortar shopping to a preference for online retail among consumers. The pet industry seems to be following suit and embracing the digital shift. This trend is supported by the market share that Amazon has gained in this sector. Within the pet supplies market holistically, […]
2 min read
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  1. Corporate Strategy

GameStop’s potential new strategy: Let Ryan Cohen buy other stocks with company cash

Struggling retailer GameStop is giving its CEO and chair Ryan Cohen even more control, including the ability to use company cash to buy other stocks. In its quarterly report released Wednesday night, GameStop announced two changes to its corporate investment plan: company cash can now be used to buy equities instead of just short-term debt, […]
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  1. Shopper & Customer

Chewy facing softening new customer growth

Download full report: Chewy’s Battle to Retain Customer Loyalty Historically, Chewy’s revenue growth was largely driven by a growing customer count. However, following the pandemic boom, Net Sales per Active Customer (NSPAC) has become the larger contributor to top-line growth amid an elevated inflationary environment, while Chewy’s customer count growth has slowed dramatically.  According to […]
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  1. Channel: Specialty & Other

Chewy names new CFO

​[[“value”:” Dive Brief The DTC pet supplies retailer has been looking for someone to fill the role on a permanent basis after Mario Marte stepped down from the role in July. Published Dec. 7, 2023 A Chewy fulfillment center. David Reeder joins the online pet supplies retailer from semiconductor manufacturer GlobalFoundries where he served as […]
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  1. Channel: Specialty & Other

Chewy Announces Third Quarter 2023 Financial Results

PLANTATION, Fla.–(BUSINESS WIRE)–Chewy, Inc. (NYSE: CHWY) (“Chewy”), a trusted destination for pet parents and partners everywhere, has released its financial results for the third quarter of fiscal year 2023 ended October 29, 2023, and posted a letter to its shareholders on its investor relations website at https://investor.chewy.com. Fiscal Q3 2023 Highlights: Net sales of $2.74 […]
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  1. Media & Marketing

Retail Media is Omni-Funnel: How to Master It

When you imagine retail media’s place in a marketing funnel, do your eyes look toward the bottom? If so, you may miss out on the full-funnel benefits of retail media networks (RMNs). As marketers, we’re already sold on the performance advantages of RMNs: enormous sets of first-party consumer data, precise attribution and analysis, a future […]
4 min read
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  1. Data & Insights

Holiday sales below year-ago levels as 2023 season begins

Key Takeaways Online Marketplaces like Temu and Amazon are outperforming Share of sales online is stable or rising across most categories Luxury and home goods are underperforming Holiday sales decline for first time in years Contact Sales for more details. Holiday sales are down 1.7% YoY in the first 8 days of the holiday season according […]
3 min read
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  1. Partnerships & Alt Profit

Amazon Going To The Dogs (& Cats, & More)?

CNBC reports that “Amazon is considering an expansion into veterinary telehealth in its latest bid to compete with Walmart, which began offering the service to Walmart+ subscribers earlier this year.” According to the story, Amazon, “which has already expanded into human health with its acquisition of One Medical, is a dominant player in pet food […]
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  1. Shopper & Customer

Mars unveils new brand experience with Uber Eats

CHICAGO — Mars Snacking, a global leader in the treats and snacks category, announced today a new collaboration with Uber and SKITTLES , with a new brand campaign launching across Uber and Uber Eats. The new collaboration, a first of its kind for Mars, delivers a sweet new experience for hungry Uber Rides and Eats consumers. The new […]
2 min read
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  1. Corporate Strategy

GameStop Names Ryan Cohen CEO, Won’t Receive Salary

GameStop announced Thursday morning that billionaire activist investor Ryan Cohen would take over as the video game retailer’s chief executive, chairman and president effective immediately — and he won’t be collecting a salary. GameStop’s board, with Cohen abstaining, unanimously voted to appoint the entrepreneur as the retailer’s top executive on Wednesday. Cohen had previously held the title […]
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  1. Corporate Strategy

Billionaire Chewy Cofounder Ryan Cohen Takes Over as Gamestop CEO

Billionaire entrepreneur Ryan Cohen, co-founder of Chewy, has taken over as the CEO of GameStop, where he already held the position of executive chairman. Cohen, who owns a 12.1% stake in the company, succeeded former CEO Matt Furlong, who was dismissed after the company reported a larger-than-expected quarterly loss. Cohen won’t be receiving a salary…
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  1. Trends & External Forces

Figs names new chief technology officer

​[[“value”:” Dive Brief The healthcare apparel brand has tapped Mark Bixby for the role, who brings experience from GameStop and Chewy. Published Sept. 19, 2023 Figs healthcare apparel. The company recently partnered with Eko Health for a digital stethoscope. Courtesy of FIGS “]] 
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  1. Channel: Specialty & Other

Chewy sales up 14% in Q2, beating expectations

​[[“value”:” Dive Brief However, executives noted consumer shifts that signal shoppers may be seeking out more value in light of economic uncertainty. Published Aug. 31, 2023 Chewy packages being loaded onto a truck. The online pet retailer reported sales of $2.8 billion in the second quarter. Permission granted by Chewy “]] 
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  1. Department & Category

Surprising WHYs Behind Gen Z’s Snack Decisions

  At the intersection of successful growth and looking a customer ahead is information that helps you drive branding ideations, and customer focused planning.  To that end Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® wants to share with you some new insights via a guest blog, that can assist you in looking […]
4 min read
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  1. Acquisitions, Divestitures & Mergers

NRF Hot 25 List Spotlights Fastest-Growing Retailers

Mexican grocer Chedraui, Raley’s Supermarkets and Primark Stores have topped the National Retail Federation’s 2023 Hot 25 Retailers list, which ranks the fastest-growing retail companies in the U.S. The annual ranking is compiled by global marketing consultancy Kantar and is determined by comparing year-over-year increases in domestic sales (in the case of the 2023 list, […]
4 min read
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  1. Acquisitions, Divestitures & Mergers

NRF Hot 25 List Spotlights Fastest-Growing Retailers

Mexican grocer Chedraui, Raley’s Supermarkets and Primark Stores have topped the National Retail Federation’s 2023 Hot 25 Retailers list, which ranks the fastest-growing retail companies in the U.S. The annual ranking is compiled by global marketing consultancy Kantar and is determined by comparing year-over-year increases in domestic sales (in the case of the 2023 list, […]
4 min read
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  1. Acquisitions, Divestitures & Mergers

Grocers atop latest Hot 25 Retailers list

WASHINGTON – Grocery retailers occupy the top two spots on a ranking of the fastest-growing U.S. retailers in 2022. Grocers command three of the top five spots on the latest Hot 25 Retailers list, released this week by the National Retail Federation, which collaborates with Kantar in putting together the annual ranking. Mexico City-based Grupo […]
2 min read
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  1. Department: Nonfood

Who’s Laughing Now? Trademark, Parody Products, and the First Amendment

Everyone loves parody products, those clever almost-branded gifts that draw in a customer, whether online or in a brick-and-mortal store.  Everyone, that is, except the trademark owner. In a recent trademark case, the U.S. Supreme Court made it easier for big brands to enforce their trademarks against joke products. The case involved Silly Squeakers, a […]
3 min read
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  1. Channel: Specialty & Other

Chewy Casting Call for Yoda Pet Lookalikes

Chewy Casting Call for Yoda Pet Lookalikes Chewy is searching for a Yoda pet lookalike to star in an out-of-this-galaxy Star Wars campaign. The best Yoda will embark on an epic mission and receive a custom professional photoshoot, spotlight on Chewy’s website and social media, along with fun items from The Star Wars Collection at Chewy and Chewy’s Personalized Shop. The Star Wars Collection at Chewy has all […]
2 min read
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  1. Media & Marketing

The Opportunity Of Disruptive Innovation

Bed Bath & Beyond didn’t respond well to e-commerce taking much of its business. The retailer shifted its assortment a bit, tried to hone its promotional pricing, and targeted its marketing. But it just couldn’t compete with the assortment found online, nor the convenience of e-commerce, nor with many of the low prices. It never […]
4 min read
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  1. Channel: Specialty & Other

Fox’s targets new audience with Chewy Mints

This Spring, Fox’s is launching its new Chewy Mints, marking the brand’s first move outside of the high boil sweet category. Individually wrapped for freshness, Fox’s Chewy Mints have been developed to fill a gap in the market, as while the gums and chews market grew by 12% vs last year and mint flavoured confectionery […]
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  1. Channel: Mass
  2. Channel: Mass
  3. Department: Consumer Durables
  4. Department: Nonfood
  5. Media & Marketing
  6. Data & Insights
  7. Shopper & Customer
  8. Trends & External Forces
  9. Merchandising
  10. Operations & Supply Chain

Target’s April 2024 Circle Sale was its largest by sales lift

Track General Merchandise spending free Access chart in Dash. Target’s April Circle Sale generated 7% more sales than the weekly average in the previous 4 weeks according to Earnest credit card data. This represents a 2 point acceleration in the Circle Sale’s contribution to Target’s topline compared to Target’s October sale. Target Circle is a […]
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  1. Department: Consumer Durables
  2. Media & Marketing
  3. Data & Insights
  4. Shopper & Customer
  5. Trends & External Forces
  6. Stores & Formats

TikTok Shop customers spend more at lower ticket apparel retailers

Download full TikTok Shop report Access TikTok and Panel data in Dash. TikTok Shop customers spent 26% of their apparel wallet on Off-Price Department Stores and 11% on Fast Fashion in the 12-months ended February 2024, compared to 24% and 7% for the average shopper. Conversely, TikTok Shop users spent less than their peers at […]
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  1. Trends & External Forces
  2. Corporate Finance
  3. Corporate Purpose
  4. ESG
  5. Media & Marketing
  6. Data & Insights
  7. Technology & Innovation
  8. Trends & External Forces
  9. Associates & Employees

Where Does One U.S. Tax Dollar Go?

See this visualization first on the Voronoi app. Where Does One U.S. Tax Dollar Go? This was originally posted on our Voronoi app. Download the app for free on Apple or Android and discover incredible data-driven charts from a variety of trusted sources. Come tax season, a common refrain is: “what do my taxes even […]
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