The ICSC Blog

March 16, 2012
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Americans are spending more on pets

Americans are splurging on their pets, presenting a growth opportunity for retailers. Spending by pet owners on food and supplies, medicine, trips to the vet, grooming and the like grew 5.3 percent from the year before, to $50.96 billion, according to the American Pet Products Association. New pet products and a rise in the number…

January 6, 2012
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Bet on art, accessories, and tire start-ups in 2012, report says

Many small retailers struggle to overcome overwhelming competition from national chains and big-box stores, causing most to go out of business within a couple of years after opening shop. But research firm IbisWorld has singled out four small-business retail sectors where mom-and-pops still have great prospects for success due to low costs, low barriers to…