Pet Supplies Plus Explained

Pet Supplies Plus
Type:Subsidiary
Former Name:Pet Supplies "Plus"
Area Served:United States
Key People:Chris Rowland (CEO)
Industry:Retail
Products:Pet food and supplies
Brands:Various
Services:Dog grooming, self serve dog wash, pet adoptions
Revenue:$2 billion
Revenue Year:2021[1]
Parent:Franchise Group (2021-present)[2]
Num Employees:3,000
Num Employees Year:2021
Foundation: (as Pet Supplies "Plus")
(Redford, Michigan,
United States)
Location City:Livonia, Michigan
Location Country:U.S.
Num Locations:560[3]
Num Locations Year:2021

Pet Supplies Plus (also styled Pet Supplies "Plus"), founded in 1988 in Redford, Michigan in the United States, is a privately held pet supply retailing corporation with a major presence in the US.[4] [5] As of 2005, it was the third largest specialty pet food retailer in the US.[6] The company began adding franchise locations in the Midwest, expanding into the northeastern and southern states during the late 1990s.[6] As of May 2023, Pet Supplies Plus store locations consisted of over 720 stores in 36 states. Pet Supplies Plus has in-house pet food brands such as Redford Naturals.[7]

History

Pet Supplies Plus was founded in 1988 by Harry Shallop and Jack Berry, in Redford, Michigan.[8]

In December 2018, Pet Supplies Plus was acquired by Sentinel Capital Partners.[9]

In January 2021, the Franchise Group, Inc., announced it was acquiring Pet Supplies Plus,[10] [11] and the deal was closed on March 10, 2021.[12]

External links

Notes and References

  1. Web site: Pet Supplies Plus. Forbes.
  2. Web site: Home . franchisegrp.com.
  3. Web site: Pet Supplies Plus | Own a Pet Supplies Plus Franchise. Pet Supplies Plus Franchise.
  4. Web site: Pet Supplies Plus/USA Inc.. https://web.archive.org/web/20120930233146/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=10622359. dead. September 30, 2012. Business Week. 2010-05-16. 2010-05-16.
  5. Web site: Industry Overview:Pet Stores. Hoover's. 2010-05-23. Major companies include PetSmart, PETCO Animal Supplies Stores, Pet Supplies Plus, and Petland. .
  6. Web site: With the big dogs; Pet Supplies Plus grows to third-largest pet food specialist. 2005-12-05. 2010-05-16. Crain's Detroit Business (Crain Communications).
  7. Web site: About Us. Pet Supplies Plus. 2015-05-25.
  8. Web site: Pet Supplies Plus Switches Sponsors . 7 April 2020 . 13 December 2018 . Private Equity Professional . McNulty, John.
  9. Web site: Pet Supplies Plus Acquired by Private Equity Firm . December 13, 2018 . Pet Product News . March 10, 2019 . https://web.archive.org/web/20190310123747/http://www.petproductnews.com/News/Pet-Supplies-Plus-Acquired-by-Private-Equity-Firm/ . March 10, 2019 . live.
  10. News: Franchise Group Inc Acquires PSP. Pet Supplies Plus Franchise Opportunity . 26 January 2021. Hotdish .
  11. Web site: Pet Supplies Plus Acquired for $700 Million.
  12. Web site: Kaminsky . Andrew F. . 10 March 2021 . Franchise Group, Inc. Closes on the Acquisition of Pet Supplies Plus . Globe Newswire.

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