It plans to open 1,000 clinics by 2023.
EAGLE, ID — PetIQ Inc., a pet medication and wellness company, announced the opening of 20 veterinary services clinics in Walmart locations. This marks the beginning of PetIQ’s plan to expand veterinary services to leading retailers following the acquisition of VIP Petcare in January.
In a March 13 press release, PetIQ Chairman and CEO Cord Christensen said, “We are excited to announce this partnership with Walmart to open 20 veterinary clinics. The first two locations will open next week with all 20 locations to open over the next 90 days. I am incredibly proud of our team who in a very short period of time has leveraged our cross-functional capabilities to introduce our first VetIQ Petcare clinics. We are excited to provide pet parents and their pets a unique experience in conjunction with our retail partners.”
PetIQ has plans to open more than 1,000 additional veterinary services clinics in retail-partner locations through 2023.
Today, PetIQ and VIP serve more than 40 retail partners representing more than 60,000 locations. The company’s plan would require opening veterinary clinics in fewer than 2 percent of its current retail locations.
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Christensen added, “We believe the combined company retail locations we serve represent a significant opportunity for us to grow our veterinary services offering. This will enable us to further achieve our mission of providing access to convenient and affordable veterinarian care for all pet owners, including those who currently cannot afford the care they need. We are very excited to participate in this high-growth and high-potential veterinary services segment.”
