Petsmart Analysis

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Sherwin Gilani FIN 367 PETsMART Stock Research Assignment PetSmart is the leading specialty provider of products, services, and solutions for all of the needs of pets in North America. Their slogan is, "Where pets are family," and their mission statement is, "Whether it's finding the right pet, the best food or the perfect toy, signing up for training or grooming sessions, checking into a PetsHotel, or taking home a newly adopted dog or cat, we have the answers. We're PetSmart. " In 2010, PetSmart opened 37 new stores, giving them a total of 1,149 retail stores in North America. Each store typically ranges anywhere from 18,000 to 27,500 square feet. They emphasize more on customers with either dogs or cats, however they still do have products for other types of pets as well. As mentioned in the mission statement, PetSmart offers an array of products and services to many consumers in North America. PetSmart offers about 10,000 items, including both nationally recognized brands, as well as an impressive selection of private brands. Theses merchandise sales, which accounted for 89% of PetSmart’s retail revenue in 2010, include pet food, treats and litter, pet supplies and other goods, and live pets. PetSmart’s main focus is on premium dog and cat foods, many of which cannot be found in other supermarkets, although at the same time they do offer national brands which can be found in many supermarkets and pet stores. Like Wal-Mart, PetSmart offers a high volume of high-quality pet supplies at low prices. Along with the vast array of merchandise that PetSmart has available for sale, they also offer many different pet services. This includes grooming, pet training, boarding and day camp, as well as full-service veterinary hospitals. There is a total of 752 veterinary hospitals located inside of PetSmart’s, 740 of them operated by the Medical Management

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