Pet Supplies Plus

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Pet Supplies Plus
FormerlyPet Supplies "Plus"
TypeSubsidiary
IndustryRetail
FoundedJune 1988; 34 years ago (1988-06) (as Pet Supplies "Plus")
(Redford, Michigan,
United States)
Founder
  • Jack Berry
  • Harry Shallop
Headquarters,
U.S.
Number of locations
560[1] (2021)
Area served
United States
Key people
Chris Rowland (CEO)
ProductsPet food and supplies
BrandsVarious
ServicesDog grooming, self serve dog wash, pet adoptions
RevenueIncrease$2 billion (2021[2])
Number of employees
3,000 (2021)
ParentFranchise Group (2021-Present)[3]
Websitewww.petsuppliesplus.com

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 February 2021, Pet Supplies Plus store locations consisted of over 560 stores in 36 states.[7]

History[edit]

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]

References[edit]

  1. ^ "Pet Supplies Plus | Own a Pet Supplies Plus Franchise". Pet Supplies Plus Franchise.
  2. ^ "Pet Supplies Plus". Forbes.
  3. ^ "Home". franchisegrp.com.
  4. ^ "Pet Supplies Plus/USA Inc". Business Week. 2010-05-16. Retrieved 2010-05-16.
  5. ^ "Industry Overview:Pet Stores". Hoover's. Retrieved 2010-05-23. Major companies include PetSmart, PETCO Animal Supplies Stores, Pet Supplies Plus, and Petland.
  6. ^ a b "With the big dogs; Pet Supplies Plus grows to third-largest pet food specialist". Crain's Detroit Business (Crain Communications). 2005-12-05. Retrieved 2010-05-16.
  7. ^ "About Us". Pet Supplies Plus. Retrieved 2015-05-25.
  8. ^ McNulty, John (13 December 2018). "Pet Supplies Plus Switches Sponsors". Private Equity Professional. Retrieved 7 April 2020.
  9. ^ "Pet Supplies Plus Acquired by Private Equity Firm". Pet Product News. December 13, 2018. Archived from the original on March 10, 2019. Retrieved March 10, 2019.
  10. ^ Hotdish (26 January 2021). "Franchise Group Inc Acquires PSP". Pet Supplies Plus Franchise Opportunity.
  11. ^ "Pet Supplies Plus Acquired for $700 Million".
  12. ^ "Franchise Group, Inc. Closes on the Acquisition of Pet Supplies Plus". 10 March 2021.

External links[edit]