Store closures have emerged as an ominous through line across the retail business landscape this year, with decades-old chains trimming their physical footprints, seeking Chapter 11 bankruptcy ...
If you shop for pet supplies or purchase services for your feathered or furry friend, you might want to pay close attention. Pet supply retailer Petco is closing 25 stores throughout the U.S. by the ...
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Petco has announced that they will be closing locations nationwide as part of their process to revive the brand's earnings. According to Petco's Q2 earnings report, their year-to-year revenue is down, ...
Forbes contributors publish independent expert analyses and insights. I do mergers & acquisitions in retail/consumer and write about trends. Pity the poor pet store. Right now, there are no categories ...
Despite sales declines, Anderson said Petco has “a unique opportunity to reinvent our iconic brand for the future and position the business to regain share in the large, highly fragmented and ...
Petco has told Newsweek that it has "been accelerating initiatives to strengthen our operating model" after it announced plans to shutter over two dozen underperforming stores in 2025. The closures ...