Animal lovers have discretionary income, and they're increasingly spending it on their pets. Baby boomers are driving that trend with their abundance of disposable income, said Raymond Jones, a managing director at Northbrook, Ill.-based Dechert-Hampe & Co. "What are they going to do with that money now that their children have grown?" Jones asked. "They'll spend some of it on their pets. That is what is happening right now." People who eat well also want their pets to eat well, said ...

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