Is pet industry recession-proof?
By ASHLEY M. HEHER AP BUSINESS WRITER ROSEMONT, Ill.–Emilie Wilson’s menagerie includes 15 ferrets, two dogs and four cats, including a hefty gray feline named Tonie Stewart who rides in style inside a pet stroller during family outings. Wilson spent $300 on Christmas gifts for her brood last year and figures she’ll exceed that sum this year. And despite the recession-like economy, the suburban Chicago woman has no plans to scale back pet presents anytime soon. “I couldn’t care less if there’s anything under the tree for us, as long as there’s something for Tonie,” she said. Retailers may be worrying about the possibility of the worst fourth quarter in generations, but those in the pet products industry are finding themselves in a veritable oasis among much of the gloom of American business. Companies that sell everything from organic dog treats to couture-inspired pet toys say business is up even as economic indicators show shoppers are pinching pennies during one of the worst downtu
