PetSmart Expands with 12 New Stores in Q1 2016

Announces Store Expansion Plans for Remainder of the Year

PetSmart Inc. today announced that it has opened 12 net new stores in the U.S. and Canada for the quarter ending May 1, 2016. PetSmart’s continued expansion of its store footprint in key markets in the U.S. and Canada is part of its long-term growth strategy and will further strengthen its position as the largest specialty pet retailer in North America.

The company opened 50 net new stores in 2015 and expects to open approximately 80 net new stores in fiscal year 2016.

New stores were opened in the first quarter in the following locations:

• Albertville, Alabama
• Tempe, Arizona
• El Centro, California
• Goleta, California
• Van Nuys, California
• Lafayette, Louisiana
• Scarborough, Maine
• Marlboro, New Jersey
• Oshkosh, Wisconsin
• Colombia, South Carolina
• Sevierville, Tennessee
• Georgetown, Ontario, Canada

The new stores average over 12,000 square feet with service offerings such as grooming and pet training.

“We are ramping up efforts to expand our footprint in North America and are actively identifying and evaluating opportunities in both current and new markets,” said Brian Amkraut, senior vice president of real estate, strategy and initiatives. “Our customers prioritize convenience, and we are listening and responding. Our aim is to focus on consumers’ localized needs and we’re pleased to have more opportunities to engage with and serve customers, and to be active in supporting pets and pet parents in these communities.”

PetSmart recently strengthened its real estate team with the promotion of Ryan O’Sullivan to vice president of real estate and the addition of Ryan Hill as a vice president of real estate and development.

PetSmart operates 1,466 stores in the U.S., Canada, Puerto Rico and 203 in-store PetSmart® PetsHotel® dog and cat boarding facilities.

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Posted by chesliepickett on Jul 8 2016. Filed under The Buzz. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.