PetsMart
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Formerly called
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Pacific Coast Distributing PetFood Warehouse PETsMART s |
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| Private | |
| Industry | Retail |
| Founded |
Phoenix, Arizona, United States (1986) |
| Founders | W.R. Ford Smith II & Jim Dougherty |
| Headquarters | Phoenix, Arizona |
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Number of locations
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1,352 (2014) |
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Area served
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United States, Canada and Puerto Rico |
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Key people
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Michael J. Massey (CEO) |
| Products | Pet Supplies, Grooming, Training |
| Brands | All |
| Services | PetsHotel, Doggie Day Camp |
| Revenue |
 US$ 6,916.627 million (2014) |
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US$ 693.318 million (2014) |
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| Profit |
US$ 419.52 million (2014) |
| Total assets |
 US$ 2,521.968 million (2014) |
| Total equity |
US$ 1,093.782 million (2014) |
|
Number of employees
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53,000+ |
| Divisions |
PetSmart Canada PetSmart Charities PetSmart Charities of Canada |
| Website | www |
PetSmart Inc. is an American retail chain operating in the United States, Canada, and Puerto Rico engaged in the sale of specialty pet supplies and services such as grooming and dog training, cat and dog boarding facilities, and daycare. PetSmart also offers a varied selection of animals for sale and adoption such as birds, fish, amphibians, reptiles, and several breeds of small animals like guinea pigs, chinchillas, gerbils, hamsters, and mice.
PetSmart was founded in 1986 and opened its first two stores in August 1987 under the name PetFood Warehouse in the Phoenix area. In 1989, the name and logo changed from PetFood Warehouse to PETsMART. PetSmart continued to grow and in 1993 went public on the NASDAQ stock exchange listed under the symbol "PETM". In 1994, PetSmart formed PetSmart Charities, Inc., a nonprofit organization dedicated to ending euthanasia and finding homes for homeless pets. Petsmart.com made its debut in July 1995. In early 2000, PetSmart remodeled most of its stores in a plan they called "Eagle," which changed many stores from a front-half storefront/back-half warehouse feel to an all-over standard retail market. In August 2005, the company announced that it was rebranding its name from PETsMART to PetSmart. This move, which stressed "Smart" over "Mart," was designed to announce its evolution from a pet supply store to a solutions-oriented company.
As of September 2016[update], PetSmart operated approximately 1,477 stores and various locations with PetSmart's PetsHotels, and Doggie Day Camps. Certain locations also share space with their corporate partner, Banfield Pet Hospital.
In December 2014, PetSmart was fully acquired by BC Partners for $8.7 billion.
PetSmart owns several brands that produce a variety of products including Grreat Choice (previously Award) which is a line of dog food as well as dog and cat hard goods.Authority is a premium dog and cat food line that PetSmart distributes and Simply Nourish is a super-premium dog and cat food line offering canned and dry food, limited ingredient, and grain-free formulas. Top Paw is a private label used for dog hard goods.
PetSmart owns several brands which produce products for felines including Authority cat food, which is considered a premium food. Additionally Grreat Choice, Simply Nourish, is comparable to top level brands such as Wellness and Blue Buffalo. Also available are lines of cat litter and litter-related products. Toy Shoppe and Whisker City which produces cat and dog toys and furniture.
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Wikipedia