PetSmart to acquire for $3.35 billion

Nnnooooo!!! This is the overwhelming response as word spread via social media on April 18 when PetSmart, Inc. announced it has entered into a definitive agreement to acquire Chewy, Inc., the online pet retailer with amazing discount prices.

Until September 7th I will give 10 cents to an animal charity for every comment. It is a way to help animal welfare without much effort at no cost. Comments help this website too, which is about animal welfare.

It appears PetSmart has a strategy and combining the new companies will create a better company that will be better able to reach pet product consumers both online and in-store in North America. The deal is expected to close by the end of PetSmart’s 2017 fiscal quarter.

In an interview with Yahoo Finance, PetSmart president and chief executive officer stated

“PetSmart strives to be the trusted partner to pet parents and pets in every moment of their lives. 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 fans aren’t so sure the merger will benefit their pets or their wallets. They have some of the cheapest prices in the pet food industry. Coupled with super fast delivery (including order accuracy) and excellent customer service, Chewy, founded by Ryan Cohen and Michael Day in 2011, is one website shared by pet owners as being the one go-to company for all of their pets needs.

What’s happening is the merger of PetSmart, with over 1,500 physical stores with Chewy, an online-only company. Ryan Cohen told Yahoo

“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. 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.”

Ryan will continue to lead Chewy after closing, as the company will operate largely as an independent subsidiary of PetSmart. Hopefully, the companies will continue to prosper and to do this they must deliver the most competitive prices combined with consumer convenience.

The acquisition is said to be the biggest in e-commerce history at a cost of $3.35 billion.

How do the readers feel about the merger of PetSmart and Chewy? I hope nothing changes, service-wise, as Chewy is about as good as they come on prices and their quick shipping.


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17 thoughts on “PetSmart to acquire for $3.35 billion”

  1. As I said before, they are mutually incompatible business models. I don’t see an upside at all. The online business will fail to provide decent service and pricing it succeeded at. It’s buying out the competition, bleeding it for what it’s worth then dumping it in a few years when it’s dead. Mark my words. GEEZE this infuriates me!

  2. Article: Certified Cat Behaviorist Exam

    Hello! It is nice to be a part of the community again now that I am just one week from graduating vet tech school. I would like to share another certification I went for this week which requires a veterinary technician degree to apply for. I applied to become a certified cat behaviorist which entailed a whole lot more than I thought that it would at first.

    You can apply to be a cat behaviorist through the IAABC which is the International Association of Animal Behavior Consultants. I cannot speak much about the exam, but I had to write 3 case studies about cat behavior which ended up being well of 10,000 words total. The hard part is that they give you the topics to write about and a sheet of criteria you absoultely have to hit while writing your case studies. The case studies also have to be cases that you have handled personally and cannot be made up.

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    If everything goes well, I will be a certified cat behaviorist this upcoming week. If not, there is always next time!


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