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Pet Supplies Plus (also styled Pet Supplies "Plus") is a privately held pet supply retailing corporation with a major presence in the US. [4] [5] It was founded in 1988 in Redford, Michigan in the United States.
The company expanded to Puerto Rico, opening a store in San Juan in 2012, and one in Ponce in 2013. [52] Petco, through a joint venture with Grupo Gigante, also opened the first of several stores in Mexico in 2013. [53] In 2015, Petco acquired Drs. Foster and Smith, at the time the largest online retailer of pet supplies in the US. [54]
Pet Circle was founded as Paws for Life by Mike Frizell and James Edwards in mid-2011. [1] [2] In early 2014, the company rebranded into the current name.[1]After a $3 million capital fund raising in 2014, the company tripled its warehouse operations and expanded its product range. [3]
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In 2023, the Brazilian pet store trade had an estimated income of R$ 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%).