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This fountain is wildly marked down during National Cat Day—it’s 22% off, plus an additional 20% off with the on-page coupon, bringing its price down to just $55.99 ($35 off).
In 2001, Drs. Foster and Smith increased its market share by 20% through the acquisition of Pet Warehouse, a Dayton, Ohio mail-order catalog, in a cash buyout. [12] The acquisition expanded the company's product selection from primarily dog and cat supplies to also include products for aquariums , birds, small pets, and reptiles. [ 12 ]
Petco went public on the NASDAQ under the stock ticker PETC, in 1994. [20] The initial public offering provided capital for further expansion. [15] From 1990 through 1995, Petco opened between 20 and 50 stores yearly. [9] By 1995, Petco and PetSmart had established themselves as the largest pet food and supply chains in the United States. [21]
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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