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Petco Health and Wellness Company, Inc. is an American pet retailer with corporate offices in San Diego and San Antonio. 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.
It is the leading North American pet company, and its direct competitor is Petco. [4] [5] Its indirect competitors are Amazon, Walmart, and Target. [6] As of 2020, PetSmart has more than 1,650 stores in the United States and Canada. [1] PetSmart stores sell pet food, pet supplies, pet accessories, and small pets.
Petco's offer would be paid for in part using stock, whereas PetSmart offered an all-cash bid that would also allow Chewy to remain a completely separate business. [9] 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 ...
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