Wednesday, December 11, 2019

Pet Supplies Plus Reportedly Expects to Surpass $1 Billion in Sales

Pet Business
According to a recent report in Crain's Detroit Business, Pet Supplies Plus expects to surpass $1 billion in sales in 2019.

The article goes on to say that the chain plans to open 50 to 70 new locations annually for the next several years, with 150 locations currently in the pipeline. While it is noted that 55 percent of current Pet Supplies Plus stores are franchised, CEO Chris Rowland is said to expect franchised locations to eventually make up as much as 90 percent of the chain.. . . more