Central Pet OKs $100M stock buyback plan, a good sign for the pet trade

Publicly traded Central Garden & Pet Co. announced Thursday its board of directors has approved a new $100 million share repurchase program. The company who’s brands include Kent, Aqueon, Coralife, Oceanic and Tropical Fish Hobbyist magazine, said it may buy back shares…

Oceanic latest legacy brand axed by Central Pet (Updated)

Central Garden & Pet has eliminated another legacy brand shuttering Oceanic. Other notable brands eliminated by Central Garden & Pet has been All-Glass Aquariums and Kent (but not Kent Marine). Apparently Oceanic will no longer be manufacturing any products and…