The retail pet industry’s trend toward natural and eco-friendly products has quickly gained momentum over the past several years, and pet specialty stores are positioned to profit from this movement.
As mass retailers get more involved with the pet category, the onus is on pet specialty chains to come up with ways to survive and thrive in this increasingly crowded marketplace.
Whether or not the U.S. economy goes into a full-fledged recovery, next year is sure to present a variety of challenges and opportunities for pet specialty retailers.
The close relationship between independent pet specialty retailers and their distributor partners has long been–and continues to be–the cornerstone of a healthy pet industry.
Products connected to highly recognizable personalities, organizations and even cartoon characters can generate excitement and drive profits in the pet store.
If done properly, a store redesign can greatly enhance a pet retailer's brand and ultimately result in increased sales.
There are nine areas that pet specialty retailers should focus on to give their customers a more convenient, and thus more attractive, shopping experience.
A Pet Business survey found that consumers are concerned about the economy and are holding back on non-essential pet purchases. The good news is that the bad times may not last much longer.
To ensure a joyful yuletide season, pet specialty retailers will need to do a lot of careful planning, yet stay flexible enough to respond to what may still be an unstable economy.
Pet specialty retailers can cultivate the next generation of pet owners by reaching out to kids inside and outside the store.
While the current recession poses many challenges to pet specialty retailers, it also presents some clear opportunities.
Regularly freshening up a pet store’s image is essential, regardless of the state of the economy. Luckily, this process needn’t break the bank.