Online pet retailer Chewy (NYSE: CHWY) got some good news from rival Petco (NASDAQ: WOOF) in November. During the quarterly conference call, Petco CFO Brian LaRose discussed the approach his company has chosen in order to mitigate these inflationary pressures: "In regards to inflation, we have taken select pricing actions to offset cost input increases. The latest product-pricing news from Petco could give Chewy more confidence to institute price increases of its own and expect customers to respond similarly.