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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%).
According to the American Pet Products Association, total pet industry expenditures were $123.6 billion in 2021, the most recent year for which data is available. This represented a nearly 20% ...
During the company's existence, Pets.com partnered with Best Friends Animal Sanctuary to start a charity called "Pets.commitment", which provided funding and support for animal shelters, animal therapy, service dog programs, pet care and wellness organizations. The charity's motto was "people helping animals, animals helping people."
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]
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.
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