Pet Supplies Plus
Template:Short description Script error: No such module "Infobox".Template:Template otherScript error: No such module "Check for conflicting parameters".Script error: No such module "Check for unknown parameters". Pet Supplies Plus (also styled Pet Supplies "Plus") is a privately held pet supply retailing corporation with a major presence in the US.[1][2] It was founded in 1988 in Redford, Michigan in the United States. As of 2005, it was the third largest specialty pet food retailer in the US.[3] The company began adding franchise locations in the Midwest, expanding into the northeastern and southern states during the late 1990s.[3] As of May 2023, Pet Supplies Plus store locations consisted of over 720 stores in 36 states. Pet Supplies Plus has in-house pet food brands such as Redford Naturals.[4]
History
Pet Supplies Plus was founded in 1988 by Harry Shallop and Jack Berry, in Redford, Michigan.[5]
In December 2018, Pet Supplies Plus was acquired by Sentinel Capital Partners.[6]
In January 2021, the Franchise Group, Inc., announced it was acquiring Pet Supplies Plus,[7][8] and the deal was closed on March 10, 2021.[9]
On November 2, 2024, Franchise Group announced that they were preparing to file for Chapter 11 bankruptcy after months of losses and turmoil caused by its owner, B. Riley Financial. HPS Investment Partners, a private equity firm, amongst other lenders, will take over the company once the restructuring is completed.[10] On November 3, 2024, Franchise Group and all of its affiliated subsidiaries filed for Chapter 11 bankruptcy protection in Delaware. The company plans to keep Pet Supplies Plus open during the procedure.[11]
References
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External links
- Pages with script errors
- Pages using infobox company with a duplicate image
- Retail companies of the United States
- Retail companies established in 1988
- Franchises
- Pet stores
- Pets in the United States
- 2021 mergers and acquisitions
- Companies based in Wayne County, Michigan
- Companies that filed for Chapter 11 bankruptcy in 2024