Woolworths said it will fund the Petspiration deal with proceeds raised from a recent 5.5% stake sale in alcohol retailer Endeavour Group EDV.AX. "Specialty pet is a large and growing retail segment in which we have limited presence," Woolworths Group CEO Brad Banducci said. The grocer has been looking for newer avenues since growth in grocery shopping has slowed as people return to eating in cafes and restaurants, while surging inflation and cost pressure dent its bottomline.