Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nasdaq  >  PetSmart, Inc.    

PETSMART, INC.
Mes dernières consult.
Most popular
  Report  
SummaryNewsAnalysisCalendarCompanyFinancials 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets
The feature you requested does not exist. However, we suggest the following feature:

PetSmart's Latest Bite at E-Commerce : Chewy.com

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/19/2017 | 02:53am CEST
By Maria Armental 

PetSmart is champing at the e-bit, clinching a deal for pet products site Chewy.com.

Chewy's co-founder and Chief Executive Ryan Cohen will remain in charge of the startup, which will operate largely as an independent unit of PetSmart, the companies said.

Financial terms weren't disclosed. The deal is expected to close by the end of the second fiscal quarter.

PetSmart was taken private in 2015 by a group led by private-equity firm BC Partners for more than $8 billion. The company has been trying to expand its online market share, including a roughly $130 million deal for Pet360 in 2014.

Chewy.com, with about $900 million in sales last year, is the No. 1 online pet retailer, ahead of Amazon.com, according to analytics firm 1010data.

Founded in 2011, Chewy.com attracted investments from the likes of Mark Vadon, whose previous ventures include internet retailer Zulily Inc. and online jeweler Blue Nile, and Kevin Hoffman, Home Depot Inc.'s chief marketing officer and president of online operations, along with Volition Capital, formerly the Fidelity Ventures unit of Fidelity Investments.

Chewy, which bills itself as "your neighborhood pet store, but better," is based in Dania Beach, Fla., and has more than 5,000 employees with operations in Boston, Pennsylvania, Indiana, Texas and Nevada.

Meanwhile, PetSmart has more than 1,500 stores and some 55,000 workers.

Write to Maria Armental at [email protected]

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on PETSMART, INC.
2017PETSMART'S LATEST BITE AT E-COMMERCE : Chewy.com
DJ
2016PETSMART : A Leading Natural Sustainable Pet Brand – Only Natural Pet® &nd..
PU
2016PETSMART : Expands with 12 New Stores in Q1 2016
PU
2016PETSMART, INC. : quaterly earnings release
2016PETSMART : reg; Opens New Store in Van Nuys
PU
2015PETSMART : National Partnership and New Salem Facility Allows Homeless Families ..
PU
2015PETSMART : National Partnership and New Helena Facility Allows Homeless Families..
PU
2015PETSMART : to Host Conference Call on Second Quarter 2015 Results
PU
2015PETSMART : Announces Same-Day Delivery Success with Google Express, Expand with ..
PU
2015PETSMART : Ann & Robert H. Lurie Children’s Hospital of Chicago and PetSma..
PU
More news
News from SeekingAlpha
2017Consumer Edge Research dissects consumer price trends 
2016MANHATTAN ASSOCIATES : Too Expensive? Not At All 
2015OURPET'S COMPANY : The Last Pure Play In The Pet Industry 
2015Boredom Is A Good Friend Of Long-Term Investors 
2015TV Does A Premature Victory Lap 
Income Statement Evolution
Managers
NameTitle
Raymond Svider Executive Chairman
Michael W. Goodwin Chief Information Technology Officer & Senior VP
Richard Eric Wilmes Director
Sharon L. McCollam Director
Paulette R. Dodson Secretary, Senior Vice President & General Counsel
Sector and Competitors
1st jan.Capitalization (M$)
PETSMART, INC.0
LUXOTTICA GROUP6.71%30 838
ULTA BEAUTY13.91%15 232
NEXT29.81%11 004
TRACTOR SUPPLY COMPANY-0.55%9 057
DUFRY-1.66%7 650