SOURCE: StockCall


December 29, 2010 08:24 ET

Equity Research on Petsmart Inc. and Sotheby's -- Specialized Retailers Positioned for 2011 Growth

JOHANNESBURG, SOUTH AFRICA--(Marketwire - December 29, 2010) - offers investors comprehensive research on the specialty retail, other industry and has completed analytical research on Petsmart Inc. (NASDAQ: PETM) and Sotheby's (NYSE: BID). Register with us today at to have free access to these researches. 

Several niches within the specialized retail industry have been seemingly immune to declined consumer spending and the recession in general. Specifically, the pet industry and auction houses have been some of the most stable retailers. Register now at to have free access to our reports on the specialty retail, other industry. is an online platform where investors doing their due-diligence on the specialty retail, other industry can have easy and free access to our analyst research and opinions on Petsmart Inc. and Sotheby's; investors and shareholders of these companies can simply register for a complimentary membership at

The pet industry has performed steadily for several reasons. The most obvious has been unwillingness on behalf of the consumer to shed pet related expenses even during periods of financial duress. Pet owners will spend nearly $48 billion in 2010, a $3 billion increase over 2009. The second, and less obvious reason, is that large scale pet supply retailers have expanded their presence in the pet health industry through the ownership of veterinary hospitals. Visit to see how companies in this industry have grown over the past years and how they are expected to perform in the future.

Auction houses have been successful because there is seemingly no shortage of uber-wealthy bidders willing to pay obscene prices for luxury goods. One recent sale personifies this. Two white truffles sold last month for $330,000. That's $115,000 per piece of fungus. While the truffle sale is only one example, it is representative of a larger trend seen at auction houses this year. In 2010, the 10 most expensive auction sales totaled almost $700 million compared to $326 million in 2009.

Overall, both specialized retail subsets which encompasses companies like Petsmart Inc. and Sotheby's have been strong in 2010 and appear well positioned for continued growth heading into 2011. Petsmart Inc. and Sotheby's research reports are accessible for free by registering today at or

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