Pet supply companies are increasingly targeting the elderly and disabled as their stock grows, as the elderly population ages.
Key points: Older people are a growing target of pet supply companies The supply chains of pet stores are increasingly shifting towards older people, including the elderly Some are also shifting the number of hours they supply from the retail store to the pet supply chain Some pet stores may also be closing their doors to customers in the next few months because of the aging population The rise of pet suppliers to the elderly has also prompted concern that pet supply chains are increasingly turning to older people.
Pet supply companies such as Petco and Petco Max have become increasingly popular for the elderly, particularly as they are able to take care of more of their needs.
Petco Max is one of the biggest pet supply retailers in the country and is expanding their reach into the elderly.
It has recently introduced a new service that allows seniors to order and deliver their pet supplies.
Pet owner and pet supply specialist Dr John Taylor said older people were a growing market for pet supply stores.
“A lot of people, especially people in their 70s and 80s, would like to have their pets, but the pet supplies industry is changing that, it’s changing the nature of the business and the way it operates,” he said.
“We’ve seen a number of pet retailers like PetcoMax start to open up, open up their operations to the older population.”
Dr Taylor said pet supply shops often focused on older people for many of their products.
“You see pet stores like Petworth in Sydney, Petco, Petstar, Pet Supply, Petworth and Petstar Max are a very good example of that,” he explained.
“They’re very, very busy with pet supply.”
The older the client, the more they want their pet to be.
“Dr Peter O’Reilly, a senior lecturer in business at the University of New South Wales, said it was also becoming increasingly common for pet stores to close down in the future.”
Pet stores have been closed down for a number years now and they’ve really taken a hit with the elderly,” he told 7.30.”
And there’s a lot of pet supplies companies that have been very aggressive in closing up shop.
“He said it wasn’t just older people who were vulnerable to losing their pet supply businesses.”
If you’re in a big city, for example, it might be difficult to find pet supply supply stores,” he added.”
It’s not just older customers who need to go to the vet, it could be a pet shop, it can be an old person, it has to do with how much the pet needs.
“Dr O’ Reilly said there were also many pet stores that were closing for good in Sydney and Melbourne, because of an ageing population.”
I think pet supply is really becoming an ageing business,” he suggested.”
When I was a kid growing up in the early 80s and 90s, I think the pet industry was thriving.
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