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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.
Drs. Foster and Smith primarily did business through their website, which attracted 1 million unique visitors a month and generated annual sales of $125 million (as of 2007), [5] and through mail order catalogs, which were mailed to over 50 million addresses annually (as of 2006). [3]
In 2017, Chewy was purchased by PetSmart, a retail entity backed by private equity firm BC Partners, [10] for $3.35 billion, which at the time was the largest ever acquisition of an e-commerce business. [9] Following the acquisition, Cohen remained CEO and operated the business largely as an independent unit of PetSmart. [11]
Differentiating itself from PetSmart, however, Petco located its stores in different areas, [17] and limited its store size to avoid the warehouse format, [21] among other differentiating factors. [23] [24] Petco Park. In 1997 Petco acquired 104 new stores, [25] in large part from purchasing the competing chain PetCare in the Midwest and South ...
In 2007, PetSmart sold State Line Tack, including the brand name, inventory, customer lists, and other assets, to Pets United (now known as TABCom, LLC) for an undisclosed amount. PetSmart closed all stores and the Fulfillment Center in Brockport, New York. Under TABcom, State Line Tack continues to operate as an online retailer. [2] [3]
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]
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