Retail franchises have long been dominant players in the pet industry. However, while joining a pet store franchise or franchising an established retail concept may be attractive options, neither move should be made without significant due diligence.
Pet-specialty retailers can learn a lot from the failures and successes of their counterparts in other industries.
Even with pundits heralding an economic recovery, a tough competitive climate has many independent pet specialty retailers struggling to survive.
Loss-prevention experts offer some low-cost, easy ideas on how pet specialty retailers can reduce troublesome shrink rates.
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.
Experts assert honesty, communication and teamwork are keys to getting employees through thorny economic times.
While the current recession poses many challenges to pet specialty retailers, it also presents some clear opportunities.