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Pet Supplies Plus was founded in 1988 by Harry Shallop and Jack Berry, in Redford, Michigan. [8] In December 2018, Pet Supplies Plus was acquired by Sentinel Capital Partners. [9] In January 2021, the Franchise Group, Inc., announced it was acquiring Pet Supplies Plus, [10] [11] and the deal was closed on March 10, 2021. [12]
Franchise Group, Inc. is an American privately-held holding company that acquires and manages mainly franchise companies. It owns brands in various retail industries including American Freight, Buddy's Home Furnishings, The Vitamin Shoppe, and Pet Supplies Plus.
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In 2015, Petco acquired Drs. Foster and Smith, at the time the largest online retailer of pet supplies in the US. [54] The purchase of Drs. Foster and Smith gave Petco an entry into the "veterinary prescription medicine" market, [55] while allowing Petco to launch new lines of the brand's pet foods. [56]
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PetSmart is originally started as Pet Food Warehouse in 1986. The initial two stores opened their doors in 1987 in Phoenix. Jim and Janice Dougherty conceived the idea of a chain of discount pet-food warehouses, and, with the initial financial backing of Phillips-Van Heusen Corporation, incorporated under the name Pacific Coast Distributing in 1986.
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