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In 1963, a 7-Eleven store near an Austin, Texas, university began to stay open all night for student shoppers. It was such a success that other stores in the chain adopted the 24/7 hours, and ...
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.
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]
Petco sells pet food, products, and services, as well as certain types of live small animals. Founded in 1965 as a mail-order veterinary supply company in California, it grew into a pet food and supplies chain. Acquired by The Spectrum Group, Inc. and the Thomas H. Lee Company in 1988, it first went public on the NASDAQ in 1994 (ticker "PETC"). [4]
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In August 2022, Chewy announced the introduction of the CarePlus program, which provides pet insurance and wellness plans. This initiative marked Chewy's entry into the health insurance sector for pets. [23] In the 2022 fiscal year, Chewy's net sales grew 13.6% since 2021, to $10.1 billion. [24]
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