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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.
Pet Food Express CEO and co-owner Michael Levy started a dog training business in 1976 and opened his first San Francisco location in 1980, selling some food and supplies. In 1986, he left dog training to focus on retail and had expanded to three locations by the time his business partner, Mark Witriol, came aboard in 1992.
In 1988 Petco acquired two other West Coast chains, Wellpet, Inc. and The Pet Department, [8] bringing its store number to 130. By 1988, the company had 40 Petco stores, mainly in California. [ 16 ] The same year, Petco was acquired by two private-equity firms, The Spectrum Group, Inc. and the Thomas H. Lee Company , and subsequently began ...
Its original anchor stores were Macy's and Montgomery Ward, which closed in 2001. It was expanded in 1987 with a new wing featuring a food court, Toys "R" Us and a Gottschalks, which remained until the chain filed for bankruptcy in 2009. [3] In 2002, Best Buy opened in part of the vacated Montgomery Ward store. [4] The rest later became Petco.
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In 2023, the Brazilian pet store trade had an estimated income of R$ 70 billion (US$14.02 billion). [4] [5] According to the Brazilian Association of the Pet Products Industry (Abinpet) and the Instituto Pet Brasil, Brazil is considered the third largest market (4.95%), behind only the United States (43.7%) and China (8.7%).
Former logo. This, as well as some other variations of the same logo is still used on some older locations. Roses Discount Stores (originally known as Rose's 5¢ 10¢ 25¢ Stores [2]) is a regional discount store in the United States with its headquarters in Henderson, North Carolina.
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