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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]
This includes large chains such as Petsmart and Petco as well as small, independently owned pet stores. [4] The 2024 expo featured a recording breaking 1,100+ companies with 3,400 booths with over 20,000 attendees from over 85 countries. The 2024 Global Pet Expo also had a $45 million economic impact in the Metropolitan Orlando area in Florida. [4]
By 2002, the company had fully integrated its in-store, online, and catalog sales. Francis also led the opening of an average of 100 new stores per year from 2002 through 2009. In 2005, the company changed its name to PetSmart and refocused its branding on "pet parents" who considered their pets part of their families.
The company's first catalog was a 16-pages, two-color production selling canine medications. As the company grew, toys, pet furniture, and other products were added. Feline and equine products were added in 1988. The Drs. Foster & Smith line of products, launched in 1993, includes products ranging from company-formulated brands of cat and dog ...
Pet Food Express CEO and co-owner Michael Levy started a dog training business in 1976 and opened his first San Francisco location in 1980, selling some food and supplies. In 1986, he left dog training to focus on retail and had expanded to three locations by the time his business partner, Mark Witriol, came aboard in 1992.
In 2023, the Brazilian pet store trade had an estimated income of R$ 70 billion (US$14.02 billion). [4] [5] According to the Brazilian Association of the Pet Products Industry (Abinpet) and the Instituto Pet Brasil, Brazil is considered the third largest market (4.95%), behind only the United States (43.7%) and China (8.7%).
In the United States, pet-food sales in 2016 reached an all-time high of $28.23 billion. [3] Mars is the leading company in the pet food industry, making about $17 billion annually in pet-care products. [4] Online sales of pet food are increasing and contributing to this growth. Online sales in the US increased 15 percent in 2015. [5]
The company has been a sponsor for 4-H since 2010. [56] In the fall of 2021, Tractor Supply raised $1.3 million for 4-H members through their Paper Clover campaign. [57] In 2016, the company started its Grants for Growing program to raise money for FFA students. [58] In 2021, the company raised $790,269. [58]
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