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PetSmart Is Buying Online Retailer Chewy

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Chewy will be an independent subsidiary.

PHOENIX — PetSmart Inc. announced that it plans to acquire online pet retailer Chewy Inc.

Financial terms of the deal were not disclosed. The acquisition, which is subject to customary regulatory approvals, is expected to close by the end of PetSmart’s second fiscal quarter.

“PetSmart strives to be the trusted partner to pet parents and pets in every moment of their lives,” said Michael Massey, president and CEO of PetSmart. “We are focused on improving our customers’ experience in-store and online as we continue to execute against our long-term strategic initiatives. Chewy’s high-touch customer e-commerce service model and culture centered around a love of pets is the ideal complement to PetSmart’s store footprint and diverse offerings. Together, PetSmart and Chewy will provide the most convenient customer experience to a wider base of pet parents across every channel.”

Chewy is one of the leading online retailers of pet products and has seen rapid growth since it was founded by Ryan Cohen and Michael Day in 2011.

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In a press release, the companies said Chewy’s position in the online pet retail segment complements PetSmart’s footprint in brick and mortar, with over 1,500 stores and 55,000 dedicated associates across North America.

“Since we started Chewy, we have been dedicated to understanding and satisfying the evolving needs of our customers to deliver the highest quality pet products and customer service,” said Ryan Cohen, co-founder and CEO of Chewy. “Combining our strong e-commerce expertise with PetSmart’s best-in-class infrastructure, footprint and breadth of offerings including services will help us ‘wow’ our customers even more.”

Upon closing, Chewy will continue to be led by CEO Cohen and operate largely as an independent subsidiary of PetSmart, focusing on its current business strategy, according to the release. PetSmart will continue to execute its strategic initiatives across the combined company.

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Pizzeria Helps Reunite Missing Pets With Owners

The effort is a hit with patrons.

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Angelo’s Pizza in Matawan, NJ, has launched an effort to get missing pets back with their owners.

It’s putting missing-pets posters on its pizza boxes, the New York Post reports.

The restaurant recently posted on Facebook: “Anyone in the Matawan/Aberdeen area who has a missing pet can drop off flyers for us to place on all your pizza boxes. No charge.”

In a later post, the restaurant wrote: “Thank you for your support and responses from all of you! This initiative has been very very successful and has raised a lot of awareness for missing pets. Thank you everyone! Let’s all keep helping pets be reunited with their families!”

The initiative has been popular with customers. One commented on the restaurant’s Facebook page: “It’s wonderful when businesses care about animals and their patrons.”

Read more at the New York Post

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25 Cities Honored for Pet-Friendliness

The certification was created by Mars Petcare and experts from the Civic Design Center.

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FRANKLIN, TN — Twenty-five cities throughout North America have landed on the inaugural list of Better City for Pets certified cities.

The certification “honors the work that has been done to create a friendly environment for two- and four-legged citizens and the commitment from each of these cities to continue improving their pet-friendly programs and policies,” according to a press release from Mars Petcare.

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Mars Petcare and experts from the Civic Design Center created the certification as an extension of the Mars Petcare Better Cities for Pets program. The program works with local governments, businesses and non-profits to provide resources, tools and grants that help communities make pets more welcome.

“On behalf of Mars Petcare, I want to thank and congratulate the 25 cities that have prioritized people and pets in their communities,” said Mark Johnson, president of Mars Petcare North America. “From helping people live healthier lives to creating social connections, pets can truly transform our communities. These certified cities are helping to make a more pet-friendly world and we hope that many more cities will join us in this commitment.”

The following cities share the honor of being the first to achieve the Better City for Pets certification:

  • Bloomington, IN
  • Nashville, TN
  • Calumet City, IL
  • Oakland, CA
  • Cleveland, OH
  • Plano, TX
  • Dallas, TX
  • Port St. Lucie, FL
  • Fort Wayne, IN
  • Reno, NV
  • Franklin, TN
  • Rochester, MI
  • Hallandale Beach, FL
  • Royalton, MN
  • Henderson, NN
  • Santa Clarita, CA
  • Laguna Niguel, CA
  • Southport, NC
  • Meaford, Ontario
  • St. Petersburg, FL
  • Memphis, TN
  • Topeka, KS
  • Miami Lakes, FL
  • Tucson, AZ
  • Miami, FL

Through an online assessment at BetterCitiesForPets.com, participating cities were asked to share data on existing and future pet-friendly features within three sections: city profile, survey and priorities. Cities were then evaluated based on 12 traits of pet-friendly cities across the areas of businesses, parks, shelters and homes. Cities that met the certification criteria and committed to continuing their progress in creating a welcoming community for people and pets received the Better City for Pets certification. All cities that completed the assessment received a personalized report outlining their strengths and areas of opportunity, along with resources and tools from the Better Cities for Pets program to help them on their pet-friendly journey.

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Here Are the Most (and Least) Expensive Cities to Own a Pet

6 of the most expensive cities to own a pet are in California.

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GOBankingRates has released rankings of the “most and least expensive cities in the U.S. to own a cat or dog.”

The top-10 lists are based on the cost of pet day care, pet insurance and overall cost of living. (To compile its ranking, GOBankingRates evaluated the 50 largest cities in the U.S.)

The most expensive city to own a pet, according to GOBankingRates, is San Jose, CA. The city has an average cost of pet day care of $40 and average insurance cost per month of $42.

San Francisco is the second most expensive city, with an average cost of pet day care of $36 and average insurance cost per month of $42.

In fact, the study suggests that six of the most expensive cities to own a pet are in California.

Out of the 50 cities, the city named “least expensive” to own a pet is Indianapolis, where the average cost of pet day care is $19, the average insurance cost per month is $31.50 and the general cost of living is comparatively low, according to the ranking.

Wichita is second on the “least expensive list,” with an average cost of pet day care of $22.67, an average insurance cost per month of $29.50 and a low overall cost of living.

Read more at GOBanking Rates

 

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