Janney Montgomery Scott analyst David Strasser upgraded PetSmart Inc. from "neutral" to "buy" after predicting the company will benefit from a potential 2010 economic recovery, according to The Associated Press .
A shift toward pet supplies, like toys and apparel, from consumables, such as food and treats, is also predicted to benefit gross margin.
By Lindsay Beaton
As work continues on creating a new nutrition label that focuses on simplifying information for consumers, challenges remain.
By Tang Yu