Along with closing 32 of its 39 stores, Lucky's Market revealed that it has filed for Chapter 11 bankruptcy protection and signed an asset purchase agreement with deep discounter Aldi for five leased store properties and the purchase of one owned property
PetCare is booming. The number of US households with pets has exceeded those with children by some 30 million. According to the American Pet Products Association (APPA), some $72 billion was expected to be spent on pets in 2018, compared with $43 billion 10 years earlier. From nutrition-specific foods to doggy DNA tests and app-connected food bowls, pet-related products are feeding industry with sales 3X that of children’s toys!