Pet Valu and Pet Supermarket Merge

Pet Valu and Pet Supermarket merge together to become the third largest pet specialty retailer in North America. The collective name of the merged company is Pet Retail Brands. With over 930 stores, it will generate approximately $1 billion in system-wide retail sales across the US and Canada.
Both Pet Valu and Pet Supermarket are one-stop shops for customers, offering a broad selection of premium pet food, supplies and services sold by trained professional staff who provide knowledgeable and friendly advice, enhancing the overall customer experience. Small format stores provide pet parents with the convenience to shop locally in a community-oriented and caring environment, delivered by employees who develop lasting connections with their customers.
With over 930 stores, it will generate approximately $1 billion in system-wide retail sales across the US and Canada. Pet Retail Brands will have an extensive retail footprint with stores from the East Coast to the West Coast and from Miami to Vancouver and is well positioned for continued growth. Terms of the agreement were not disclosed.
Pet Valu was taken private by an affiliate of Roark Capital in August 2009. Pet Supermarket was acquired by an affiliate of Roark Capital in April of 2015. Pet Retail Brands will remain headquartered in Markham, Ontario and Pet Supermarket operations will continue to be based in Sunrise, Florida.
As part of the transaction, Thomas McNeely will become President and Chief Executive Officer of Pet Retail Brands. Mr. McNeely has been Chief Executive Officer of Pet Valu since August 2009.
About Pet Valu
Pet Valu is a Canadian specialty retailer of pet food and pet-related supplies with more than 770 stores across Canada and the US. Pet Valu prides itself on providing pet parents with the best selection of pet care items at competitive prices, together with Pet Expert service, at convenient, neighborhood store locations. Pet Valu offers more than 7,000 products, including a broad assortment of premium, super premium and holistic private label brands scientifically developed by internal nutritionists.
About Pet Supermarket
Pet Supermarket is the largest small format specialty retailer of pet food and pet-related supplies based in the southeastern US. The Company operates 165 stores offering customers a broad assortment of premium and holistic pet food and supplies with friendly and knowledgeable service. Over 1 million customers are active members of the Company’s loyalty program.
 
BY: DEVIKA SHARMA

Leave a Reply

Your email address will not be published. Required fields are marked *