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Petco originated when Walter Evans, a co-owner of a Missouri-based distributor of pet supplies and products [8] called United Pharmacal Company (UPCO), moved to San Diego County, California. In San Diego County in 1965, Evans initially set up a mail-order veterinary supply business with five associates. He became the company's first CEO. [9]
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]
The APPA organizes the Global Pet Expo annually in Orlando, Florida. It is a B2B trade show for the pet industry in which over 6,000 buyers from various businesses establish relationships with brands and place wholesale orders. This includes large chains such as Petsmart and Petco as well as small, independently owned pet stores. [4]
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]
The total pet expenditures can be divided into nutrition, supplies/medicines, veterinarian care, live animal purchases, and other services. The most commonly found pet in the United States, according to the 2023-2024 APPA National Pet Owners Survey, was the dog with 65.1 million U.S. households owning at least one as a pet. After that comes the ...
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