Pet specialty retailers can learn a lot from Walmart's recent financial woes.
Manufacturers must spread the word about their products, their benefits to animals and the reasons why shoppers should pay more for these items.
The bottom line is that pet health care revenues are increasing at a double-digit rate, and businesses and individuals are getting rich off of it.
Besides bringing joy to the household, Mickey is a testament to the amount of money consumers will spend on their new pets.
Baby Boomers like me (I am at the tail end of the Baby Boomer generation) have long powered the growth of the pet care category. If many of them are like me and question their future pet ownership, our industry could be in for some hard times ahead.
Welcome to the saturation point. The days of overwhelming consumers with stores in the hopes of getting them to make an extra stop or two on their way home from work appear to be over.
Fewer landlords allowing pets will only force many people into making a hard decision: apartment or pet? Sometimes, the pet does not win.
What does J. M. Smucker, a company known for its peanut butter, jelly and coffee, want with a pet food and treat company?
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