Petco CEO Says They Can't Keep Up With Demand

Petco CEO Says They Can't Keep Up With Demand

Assessment

Interactive Video

Business

University

Hard

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Ron Collins, CEO of US PET Co., discusses Petco's growth, customer acquisition, and market strategy. The company has seen significant growth in new customers, driven by a strong marketing engine. The impact of COVID-19 has led to increased demand for pet services, and the pet category continues to grow. Collins addresses the tax environment and business challenges, including supply chain issues. Petco's distribution strategy, utilizing micro distribution centers, provides a competitive advantage.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the impact of COVID-19 on the pet industry as mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What demographic is primarily adopting pets according to the text?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expectations regarding corporate taxes as discussed?

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OFF