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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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$34M Factory Will Produce Dry Dog and Cat Food

It’s expected to open in early 2021.

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DRUMMONDVILLE, QUEBEC — The Groupe Inovo, a family poultry business, and Groupe Legault, a family business that owns Mondou pet store chain, are planning a C$45 million (US$34 million) manufacturing plant.

The facility, to be called Jupiter, will be located in Drummondville and will manufacture dry dog and cat food, according to a press release. It will create about 50 jobs over the next five years.

The plant will be located on Route 139 in the Drummondville Industrial Park, near highways 55 and 20 as well as the U.S. border.

The site was chosen “to allow the plant to be more agile in its exports to the United States,” according to the release.

Construction began in July and will take approximately 18 months to complete, with an expected opening in early 2021.

The project will be supported financially by Canada Economic Development for Quebec Regions, Investissement Québec and Desjardins, in addition to Groupe Inovo and Groupe Legault.

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‘World’s Cutest Rescue Dog’ Revealed (VIDEO)

She’s a 6-year-old Keeshond.

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People magazine has announced the winner of its second annual World’s Cutest Rescue Dog Contest.

It’s Kasey, a 6-year-old Keeshond. She beat out 7,000 other dogs to claim the 2019 title.

He rewards include an appearance on the Today show, a year’s supply of dog food from Pedigree and a $1,000 donation earmarked for the Keeshond Affiliated Rescuers of the Mid-Atlantic, according to People.

 

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Help Wanted: NC Seeks First Dog Travel Agent

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Visit North Carolina is seeking a dog to help tell the world about the state’s best travel destinations.

The lucky canine will be the state’s first Dog Travel Agent.

The search began on National Dog Day (Aug. 26), when North Carolina dogs and their humans were invited to submit a one-minute application video at DogTravelAgent.com, according to public relations and advertising agency LGA, which partnered with Visit North Carolina for the campaign.

The recruitment effort runs through Sept. 15.

The campaign “was inspired by the insight that most dog-focused content is created by and for people, not their pupper pals,” according to LGA.

Dog Travel Agent will produce and curate dog-friendly travel content showcasing the state’s beaches, national parks, cities and outdoor activities, along with information such as where to stay, what to eat and how to get around. Dog influencer visits and in-market activations are also in the works.

Here are the benefits of the job, according to Visit North Carolina:

  • A travel stipend to help your hooman buy more of those souvenir stuffies that keep exploding.
  • Four sight-sniffing trips to hike mountains, explore parks and bite waves all across North Carolina.
  • Be your own pupparazzi with a GoPro camera and harness just for you.
  • Get asked for your pawtograph by your fans.

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