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In an effort to boost catalog distribution, Drs. Foster and Smith offered 100,000 free pet tags to those who joined their mailing list in early 2000. [11] 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]
Petco went public on the NASDAQ under the stock ticker PETC, in 1994. [20] The initial public offering provided capital for further expansion. [15] From 1990 through 1995, Petco opened between 20 and 50 stores yearly. [9] By 1995, Petco and PetSmart had established themselves as the largest pet food and supply chains in the United States. [21]
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Smith's Food and Drug, or simply Smith's, is an American regional supermarket chain that was founded by Lorenzo Smith in 1911 in Brigham City, Utah. Headquartered in Salt Lake City with stores in Utah , Nevada , New Mexico , Arizona , Montana , Idaho , and Wyoming , Smith's became a subsidiary of Kroger in 1998.
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