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PetSmart

PetSmart, Inc. (NASDAQ: PETM) is the leading chain of retail stores doing business in the United States and Canada engaged in the sale of specialty pet supplies and services such as grooming and dog training, PetSmart PetsHotel dog and cat boarding facilities and Doggie Day Camp. PetSmart also offers veterinary services, provided by Banfield, the Pet Hospital, which leases out space in many stores. Technically, in full, the company's name is the PetSmart Store Support Group, Inc. It is based in Phoenix, Arizona. The name PetSmart was coined as a double entendre.

PetSmart was founding by Jim Dougherty in 1986 under the trade name Pacific Coast Distributing, Inc., a Delaware corporation, and opened its first Pet Food Warehouse stores in the Phoenix area the following year. In 1988, the stores' names were changed to PetsMart. Through several mergers and acquisitions, PetsMart expanded in the early- and mid-1990s across the U.S. and into Canada, and entered online retailing through a partnership with Idealab in 1999 (which later became a wholly owned subsidiary of PetsMart).

In early 2000, PetsMart remodeled most of its store in a plan they called "Eagle" which changed many of its stores from a front-half storefront, back-half warehouse feel to an all-over standard retail market, in hopes of not intimidating customers.

In August 2005, the company announced that it rebranding its name from PETsMART to PetSmart. This move is designed to emphasize its evolution from a pet supply store to a solutions-oriented company.  (It would also allow PetSmart to further distinguish itself from its main competitor, Petco, which uses all capital letters in its name.)

As of the end of the 2006 fiscal year, PetSmart operated approximately 840 stores, and will have more than 60 PetsHotels and Doggie Day Camps by the end of 2003.

Petsmart has many lines of products that it owns and sells in its stores.

Petsmart owns several brands that produce a variety of products. Grrreat Choice, previously Award, is a grocery line of dog food which Petsmart owns. Authority is a bridge dog food (a compromise of the quality and cost of premium and grocery dog food) that Petsmart distributes. Petsmart also has a series of leashes manufactured by Pacific Cost Distributing (Costal) Coastal Pet Products Inc.. Top Paw produces a variety of leashes and harnesses. Petsmart also owns Bargain Hound, which produces crates and dog beds. Grrreat Choice and Authority also produce lines of dog treats in a range of treat sizes and flavors. Toy Shoppe is Petsmart’s toy label, though seasonally other names appear such as Pet Holiday.

Source: Wikipedia - News Reports

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