Thursday, June 1, 2017

It’s official: Pet supplies giant acquires fast-growing online rival

PetSmart has been setting the stage to accelerate its digital offerings. Now it can.
 
The specialty pet supplies retailer announced on Wednesday, May 31, that it completed the acquisition of Chewy, a leading online retailer for merchandise for pets, ranging from cats and dogs to horses.
 
PetSmart will benefit from Chewy’s e-commerce expertise as it continues to expand its online capabilities. Simultaneously, Chewy will focus on its current business strategy and have access to PetSmart’s infrastructure and scale.. . . more

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