PetSmart opens 12 new stores in Q1
June 22, 2016
by MEAT+POULTRY Staff
PetSmart continues to show signs of growth early in 2016.
PHOENIX – PetSmart Inc. opened 12 new stores during the first quarter of 2016, and the company intends to grow its market share in the specialty pet services and products segments by building new stores throughout the year.
The new stores average more than 12,000 sq. ft. with service offerings such as grooming and pet training. PetSmart opened 50 new stories in 2015 and expects to open approximately 80 new locations in fiscal 2016.
“We are ramping up efforts to expand our footprint in North America and are actively identifying and evaluating opportunities in both current and new markets,” said Brian Amkraut, senior vice president of real estate, strategy and initiatives. “Our customers prioritize convenience, and we are listening and responding. Our aim is to focus on consumers’ localized needs and we’re pleased to have more opportunities to engage with and serve customers, and to be active in supporting pets and pet parents in these communities.”
PetSmart is the largest retailer of specialty products and services for pets. The company currently operates 1,466 stores in the US, Canada and Puerto Rico. PetSmart also operates 203 in-store PetSmart PetsHotel dog and cat boarding facilities.