accountThe 2009 economics for pet-related small businesses will be dominated by the impact of the recession on consumer...
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PET ECONOMY
Americans spend $41 billion a year on their pets—more than the gross domestic product of all but 64 countries in the world. The pet economy refers to how pet owners are becoming demanding consumers who won't put up with substandard products, unstimulating environments, or shoddy service for their animals. But the escalating volume and cost of services, especially in the realm of animal medicine, raises ethical issues about how far all this loving should go.
Pet Economy is part of Business Exchange, suggested by
Phil Mintz.
This topic contains
283 news
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12 blog
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News
Recent news on this topic.
With the economy in trouble and consumer spending down, pet retailers are thinking of creative ways to entice customers...
When I walk down the pet aisle in K-mart, I see lots of reasonably priced dog foods -- but none I would actually feed...
As the list of food suspected of salmonella contamination continues to grow, food safety experts recounting a similar...
Pet food bags are getting smaller and prices are up as companies try to maintain profits in the face of soaring...
Americans spend an astonishing $41 billion a year on their furry friends
Our view on the economy: âNew era of responsibilityâ looks too much like business as usual. Making laws can be...
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Top Sources: Pet Economy
- smallbiztrends.com
- BusinessWeek
- Reuters
- entrepreneurs.suite101.com
- CNN
- MSNBC
- miamiherald.com
- New York Times
- Chicago Tribune
- online.wsj.com
