Pet Supplies Plus
Pet supply retailing corporation From Wikipedia, the free encyclopedia
Pet Supplies Plus (also styled Pet Supplies "Plus") is a privately held pet supply retailing corporation with a major presence in the US.[4][5] It was founded in 1988 in Redford, Michigan in the United States. 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 May 2023, Pet Supplies Plus store locations consisted of over 720 stores in 36 states. Pet Supplies Plus has in-house pet food brands such as Redford Naturals.[7]
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A Pet Supplies Plus location in Centerville, Ohio. | |
| Formerly | Pet Supplies "Plus" |
|---|---|
| Company type | Subsidiary |
| Industry | Retail |
| Founded | June 1988, in Redford, Michigan, United States (as Pet Supplies "Plus") |
| Founder |
|
| Headquarters | , U.S. |
Number of locations | 560[1] (2021) |
Area served | United States |
Key people | Chris Rowland (CEO) |
| Products | Pet food and supplies |
| Brands | Various |
| Services | Dog grooming, self serve dog wash, pet adoptions |
| Revenue | $2 billion (2021[2]) |
Number of employees | 3,000 (2021) |
| Parent | Franchise Group (2021-present)[3] |
| Website | www |
History
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]
On November 2, 2024, Franchise Group announced that they were preparing to file for Chapter 11 bankruptcy after months of losses and turmoil caused by its owner, B. Riley Financial. HPS Investment Partners, a private equity firm, amongst other lenders, will take over the company once the restructuring is completed.[13] On November 3, 2024, Franchise Group and all of its affiliated subsidiaries filed for Chapter 11 bankruptcy protection in Delaware. The company plans to keep Pet Supplies Plus open during the procedure.[14]
References
External links
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