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The company has approximately 1,500 Petco stores across the United States, Mexico, and Puerto Rico. [6] As of November 23, 2020, Petco had 27,000 employees and was headquartered in San Diego, California. [84] Of Petco's stores, 105 contain in-store veterinary clinics. [85] In 2022, Petco also operated 65 Unleashed by Petco stores in nine states ...
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.
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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