Grow Your Small Pet Business in a Troubled Economy
During bad economic times, the knee-jerk reaction is to retrench and pullback on your marketing and advertising efforts. And while preserving capital and being fiscally conservative can make sense, you may be wasting an opportunity to grab market share and better position your pet business for when times improve. More
Five Ways to Reduce Product Returns
from Retail Customer Experience
In a recent study conducted by consulting and outsourcing firm Accenture, the product return rate for consumer electronics averaged between 11 and 12 percent during 2007. The cost to manage that returned merchandise reached $13.8 billion. But 95 percent of the merchandise returned had nothing wrong with it. Looking at the possible reasons for these types of returns and how those causes can be remedied can help retailers avoid a dip in the bottom line. More
Don't Be A Retail Recession Victim
from The Retail Owner's Institute
This recession is like quicksand for retailers. If you don't keep moving, it could take you down. Now is not the time to be on the sidelines, wringing your hands. Here are five essential steps you can take - right now - to strengthen your business and increase your chances of weathering economic downturns. More
How to Manage Twenty-Somethings
The millennials joining your workforce now are employees born between 1980 and 2000, or 1981 and 1999, depending on the author. Unlike the Gen-Xers and the Boomers, the Millennials have developed work characteristics and tendencies from doting parents, structured lives, and contact with diverse people. Millennials are used to working in teams and want to make friends with people at work. Millennials work well with diverse coworkers. More
The Rise of Beds, and Falls of Dogs
from The Wall Street Journal
Without fanfare or marketing, the bedding industry has been raising the altitude of its products, satisfying customer preferences for ever-thicker mattresses. Yet that preference is creating a hazard for a tall bed's shortest occupant: the dog. Pet stairs are one of the fastest-growing categories at national pet retailers such as Drs. Foster & Smith Inc., which offers five models ranging from $40 to $170. Vermont-based Orvis, the upscale outdoors retailer, launched its first pet staircase four years ago and now carries four, including a $200 carpet-and-hardwood model. Wal-Mart Stores Inc. offers a $64 variety, while a Web site called Puppy Stairs offers a range of models, from a bare-bones version for $77 to a designer model swathed in heavy-duty foam and washable upholstered covers in decorator fabrics for $535. Even amid the downturn, pet stairs are strong sellers. More
Petco Adopts New Rabbit Policy
from Zoo Too
Petco is now hopping to a different tune, as it announced it will cease rabbit sales, and only facilitate adoptions, after Jan. 1, 2009. All of the rabbits in Petco stores at the start of the new year will still be eligible to find forever homes, just through an expanded adoption program. "Moving to an all-adoption approach with rabbits is the right thing to do," Petco CEO Jim Myers said in a Nov. 17 release. "We believe it's good for the animals, good for our business and is consistent with our Think Adoption First philosophy, in which we encourage prospective pet parents to consider adopting an animal rather than purchasing one." More
Pet Fashion Week Spring Show Canceled
from Pet Product News
Pet Fashion Week New York, well known for its annual luxury pet-industry trade show in August, canceled a second show it had planned for February 2009. "We’re just not getting the interest we were expecting," said trade-show director Derek DiFante. "Rather than do something that’s not up to our standards, we think it’s best to step back from it." The show, planned for February 8-9, had attracted between 50 and 60 exhibitors, DiFante said, which was below the number expected. The fall show, planned for August 22 and 23, will proceed as scheduled, he said. Shortly before the cancellation was announced, Alexa Cach, a co-founder of the show, reported she had resigned in October from her post as executive director, citing creative differences. Cach and Mario DiFante (Derek DiFante’s father) founded Pet Fashion Week New York in 2006. More
USDA APHIS Traceability Plan Available
from Pet Food Industry
The final version of "Business Plan to Advance Animal Disease Traceability," from USDA FDA Animal and Plant Health Inspection Service (APHIS), incorporates recommendations from its public review. FDA has amended the plan to provide greater clarity regarding the points of integration between the National Animal Identification System (NAIS) and existing State and Federal animal health programs and brand programs. More
||Central Garden and Pet Co
||Church & Dwight Co., Inc.
||Del Monte Foods Company
||International Absorbents, Inc.
||Jakks Pacific, Inc.
||Kraft Foods, Inc.
||Oil-Dri Corporation of America
||Pet Ecology Brands, Inc.
||PetMed Express, Inc.
||Proctor & Gamble Company
||Spectrum Brands, Inc.
||VCA Antech, Inc.
from Forbes.com (Stock quotes published at 9:45 a.m. Eastern, Dec. 16, 2008)
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