Millennials get blamed for ruining industries every day, but there's one sector their providing a major boost for: the pet business. Dogtopia's Neil Gill joins Cheddar to reveal why Generation Y is causing a boom for the dog-services space. They may be lagging behind when it comes to marriage, childbirth, and home buying, but young people are wasting no time in becoming pet owners.
In fact, Gen Y pet ownership has officially surpassed that of their Baby Boomer predecessors. Neil Gill explains how these trends are changing the landscape for his dog daycare, boarding, and spa franchise. The CEO and President says it's forcing his company to emphasize technology and pet humanization.
Pets grow into beloved members of families and many do what they can to keep them happy and healthy. Marc Peralta, chief program officer of Best Friends Animal Society, joined Cheddar News to discuss finances and expenses when taking care of your furry family members.
