Chewy's sales are booming as Americans adopt more puppies during coronavirus pandemic. And the boom doesn't appear to be over yet.
Chewy CEO Sumit Singh told CNN Business that sales are robust even now, more than a month after stay-at-home orders were issued to most Americans. "Demand has remained at elevated levels," Singh said in an exclusive interview. "It's reasonable to expect it will remain high up until the point that the economy opens back up. " Part of that, Singh said, is because "stressed" Americans want to ensure they have "essentials secure for pets -- who we treat as family members. " 'It may not be out of happiness' Chewy, which went public last summer to much fanfare, has never been profitable. Yet Wall Street is flocking to Chewy. The fast-growing company is benefiting from multiple trends converging during this crisis: rising pet ownership, panic buying and online shopping. Stay-at-home orders have accelerated the ongoing shift toward e-commerce around the world.
The $100 billion pet industry is no different. Chewy isn't just luring new customers. How to Get a Pandemic Puppy. Obviously I get it.
When you imagine untold weeks of pacing the same home and seeing and talking with the same limited number of people, or even just your own reflection, the idea of a cute, cuddly companion—one you can pet, take walks with, and talk to (with the added benefit of them not talking back)—is suddenly incredibly appealing. And the truth is, having a puppy helps. Having something to focus on other than my own anxiety and fear is nice. With a puppy, our household is forced into a new routine—the type of schedule and consistency that experts say is crucial during turbulent times. We have to wake up to take Barry for an early walk (okay, my husband has to wake up to take Barry for an early walk); we have to make sure Barry gets outside to exercise; we must ensure that he eats meals at regular intervals.
“Research supports that being around our dog makes us feel good,” says Phyllis Erdman, a psychology professor at Washington State University. Obviously I get it. Are People Who Live in Dog-Friendly Buildings Happier? People who own dogs live longer.
They’re healthier. They’re calmer. Their children are less prone to allergies. And they have government-sanctioned reasons to leave the house while sheltering in place. But what about real estate? Anecdotal evidence strongly suggests that they are. Dogs aren’t big on social distancing. “Pets are playful, so buildings with pets have more colors and are brighter and more fun to live in. Dr. A lot of other dog owners agree. Before she began sheltering-in-place, Candy Pilar Godoy, a freelance photography producer who lives in Hell’s Kitchen, wrote about her travels with her two dogs, Boogie, a pug, and Marcelo, a Chihuahua. “I speak to my neighbors who have dogs way more than I speak to the others,” Ms. So maybe it shouldn’t have been a surprise when a well-established New York building changed its policies after decades of refusing to allow pets. Well-attended, full-building meetings in the Stewart House lobby preceded the change.
“Are pets allowed? Ms. Coronavirus restrictions see demand for pets surge as shelters issue warning to prospective owners - ABC News. Posted 57 minutes agoSun 5 Apr 2020, 12:52am If you are stuck at home right now because of COVID-19 restrictions, you might be feeling bored — or even lonely — but animal rescue groups say those reasons aren't enough to adopt a new pet. Key points: Shelters are warning to only adopt if you can commit to keeping a pet long-termThere has been a surge in demand for pets as more people stay home Vet clinics in Canberra remain open, though many non-essential procedures have been cancelled Animal adoption rates at the RSPCA in Canberra have nearly doubled amid the pandemic and the organisation has put the increase down to people having more time to devote to their pets while they isolate.
RSPCA ACT chief executive Michelle Robertson said that was a good thing — but only if customers were able to keep their animals happy, healthy and homed after the pandemic. "We're hoping that if people do come out, that they come out for the right reasons. "Adopting a pet is not an impulse decision. Pedigree Turns to Zoom Meetings for Help with Dog Adoptions. Zoom meetings have become the new norm among employees working at home to avoid the COVID-19 pandemic, but you can now videoconference with adoptable (and adorable) shelter dogs.
Dog food brand Pedigree will now allow people to use Zoom as a virtual venue for people to meet their new best friend while staying indoors. While it has its fair share of problems and its privacy practices have been questioned, Zoom remains among the most popular tools for work-from-home setups. Pedigree’s Dogs on Zoom program utilizes the app to showcase shelter dogs for people looking to take one home. With multiple people able to join the Zoom meetings, the dogs are given more chances to be noticed.