PetSmart was the largest pet specialty retail chain in North America as of March 2022 in terms of store count, with a total of 1,669 stores. The company provides a variety of animals for sale and adoption, such as dogs, cats, birds, fish and reptiles. Pet grooming services, dog training, and pet hotel and day care facilities are also part of the company’s growing portfolio. Petco was PetSmart’s closest competitor in terms of store locations in that year, with roughly 1,550 stores across North America.
The pet store industry
The pet store industry continues to grow despite increased competition from supermarkets, mass merchandisers and online retailers which offer consumers more convenience at lower prices. By 2025, the U.S. pet store industry is expected to generate approximately 22.87 billion U.S. dollars in revenue, an increase of around two billion since 2020.
PetSmart vs. Petco
The largest pet supply companies in the United States are without a doubt PetSmart and Petco Animal Supplies. PetSmart, which is headquartered in Phoenix, Arizona, brings revenue in from brick-and-mortar stores across the U.S., as well as in Canada and Puerto Rico. In the financial year of 2020/21, the company generated close to seven billion U.S. dollars in revenue, an increase of over 350 million compared to the previous fiscal year. On the other hand, Petco, which mainly operates in the U.S., Puerto Rico, and Mexico, brought in roughly three billion U.S. dollars’ worth of revenue in 2020/21.
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