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 WWPIA Pet Industry Briefs
Jan. 13, 2009
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Whose Business Is It, Anyway?
from Inc.
Mistakes are part of business, and we all make them. Most of them, the author found, are the product of faulty reasoning. He is constantly running into people who are about to make a major change in their business for reasons that have nothing to do with what's best for them and their company. Usually it's because their emotions have gotten in the way. More

Managing in a Crisis
from BusinessWeek
History has shown that crisis breeds opportunity. Business leaders may have to cut costs to survive 2009, but the smart ones are also out there looking for prospects. They are willing to take the type of bold move that IBM made during the recessionary days of 1981 when CEO John R. Opel aggressively rolled out the company's landmark personal computer just as PC demand soared. Even in the current downturn, there are companies like AT&T, which recently announced plans to buy two companies for a total of $1.2 billion. "A recession creates winners and losers just like a boom," observes Mauro F. Guillen, a professor of international management at the University of Pennsylvania's Wharton School. More

Five Ways to Kill a Great Marketing Plan
from Entrepreneur
A good marketing plan is like a battle plan or a game plan; it should serve as a guide and a blueprint for the actions you need to take to grow your business. It should also have some flexibility because as you start testing and measuring tactics, you'll need to shift strategies from time to time, to capture or gain share in a particular market. That said, a good plan doesn't need to be complicated. More

'Pilots N Paws' Saving Lives
from USA Today via The Syracuse Post-Standard
Pilots are donating their time, planes and fuel to transport dozens of dogs a month from overcrowded shelters where they face almost certain death to rescue groups and shelters several states away that are committed to finding them homes. More

Escaped, Dumped Exotic Pets Problem in Florida
from The Palm Beach Post
Florida isn't just home to nomadic humans. It's also full of plants and animals that don't belong here. Now, these exotics cost Floridians more than $500 million a year.In many cases, people decided the pets were too much to handle, so they dumped them in the wild. With no natural enemies, many bred. And bred. Now Florida is awash in wild parrots and monkeys. And lizards and iguanas. And Python molurus bivittatus. The U.S. Fish and Wildlife Service manages importation under the Lacey Act. Bills now stalled in Congress would give the federal government more authority to screen what's let in. More

Wealthy Pet Owners Keep Spending on Medical Care
from PennLive.com
The line between human and animal medicine has blurred profoundly in the last 20 years. Treatments once reserved for homo sapiens -- laser surgery, chemotherapy, physical therapy and MRIs -- are now routinely available to our pets. And there's more to come: Veterinarians are transplanting kidneys into dogs and cats at the University of Pennsylvania's Matthew J. Ryan Veterinary Hospital, while veterinary researchers at North Carolina State University are doing bone marrow transplants on pets. More

Vets Worry About Pet Health in Ailing Economy
from MSNBC
Nearly one in four veterinary offices are struggling to pay their employees, according to the American Animal Hospital Association. The fallout can be seen even in Omaha, where effects of an economic recession are typically slower to manifest. Although pet owners still bring their pets for major and necessary surgeries and treatment, they're more often foregoing elective and minor procedures. More

New Trend: Hip Pet Portraits
from The Boston Globe
Portraits of cats and dogs have long been a staple of the pet industry, but now hipper, more affluent pet owners are commissioning more adventurous, less-kitschy portraits that can even find a home on gallery walls. "I enjoy trying to catch their personalities or a certain sense of dignity I believe animals have into their portraits," said O'Hara, who donates part of her proceeds to PETA. "It's quite a thing these days. Pets are big business." More


Symbol Name Last Change
ALO ALPHARMA, Inc. 0.00   0.00%
CENT Central Garden and Pet Co 5.71   4.36%
CHD Church & Dwight Co., Inc. 53.23   0.26%
CLX Clorox Company 52.92   0.47%
CL Colgate-Palmolive Company 65.78   0.30%
DLM Del Monte Foods Company 6.89   0.14%
IAX International Absorbents, Inc. 2.54   0.00%
JAKK Jakks Pacific, Inc. 18.94   0.00%
KFT Kraft Foods, Inc. 28.65   0.42%
ODC Oil-Dri Corporation of America 17.09   2.62%
OPCO OurPet's Company 0.22   0.0%
PECD Pet Ecology Brands, Inc. 0.14   0.0%
PETS PetMed Express, Inc. 16.76   0.24%
PETM Petsmart, Inc. 17.95   0.50%
PFE Pfizer, Inc. 17.34   0.12%
PG Proctor & Gamble Company 59.98   0.07%
SGP Schering-Plough Corporation 17.49   1.96%
SPC Spectrum Brands, Inc. 0.08   0.00%
WOOF VCA Antech, Inc. 18.77   0.81%

from Forbes.com (Stock quotes published at 9:45 a.m. Eastern, Jan. 13, 2009)





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