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PetMed Express is an online pharmacy that sells prescription and non-prescription pet medication and nutritional supplements. [3] [4] It can only fill prescriptions written by veterinarians, and competes with veterinarians who derive some of their income from selling pet medication. [3] [5]
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 ]
VetDepot is on online pet pharmacy founded in 2005 [1] by Craig Gilmore, who also owns Gilmore & Co., Inc., a research and investment firm. [2] [3] [4] Based in Encinitas, California, VetDepot sells pet medications, pet supplies, pet supplements, and other pet related products through the mail to all 50 U.S. states.
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.
[115] [114] Also, Purina PetCare accounted for 90% of Nestlé's online pet sales in 2022. [97] [116] For instance, Purina's sales underwent a double-digit growth in China due to sales in online commerce and pet speciality. [97] Accordingly, Purina's sales in FY22 reached $19.385 billion and its organic growth attained 14.5%. [115]
Medical Management International, Inc. (MMI) was created to own the clinic, and in 1994 the pet store chain PetSmart teamed up with MMI to open pet clinics in their stores initially called VetSmart. [5] By 1996 the private company had grown to in excess of 150 locations in 18 states with over 600,000 pets treated annually and 1,100 employees. [5]
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