Fressnapf achieved enormous sales growth in the Corona year 2020. That is the reason:
As the company reported, the pet supply chain Fressnapf achieved the greatest absolute sales growth in its company's history in the Corona year 2020. Market leader Fressnapf increased its sales by 15.2 percent and achieved 2.6 billion euros. Founder and owner Torsten Toeller announced this on Wednesday in Krefeld, Germany.
Some people got pets during the pandemic. Fressnapf has benefited significantly from the increased number of pet owners, it continues. Another reason is that the pet owners, when they switched to the home office or the lockdowns, spent more time at home and were more busy with their pets. It also spent more money on them, Toeller explained.
Online trading in particular played a major role here. Here sales rose by 45 percent to around 160 million euros. “We experience that online sales do not cannibalize the stationary business”, as Fressnapf managing director Johannes Steegmann said.
