PetSmart Expands with 12 New Stores in Q1 2016

22 Jun 2016, 00:00 AM EDT

Announces Store Expansion Plans for Remainder of the Year

PHOENIX–(BUSINESS WIRE)–PetSmart Inc. today announced that it has opened 12 net new stores in
the U.S. and Canada for the quarter ending May 1, 2016. PetSmart’s
continued expansion of its store footprint in key markets in the U.S.
and Canada is part of its long-term growth strategy and will further
strengthen its position as the largest specialty pet retailer in North
America.

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The company opened 50 net new stores in 2015 and expects to open
approximately 80 net new stores in fiscal year 2016.

New stores were opened in the first quarter in the following locations:

Albertville, Alabama
Tempe, Arizona
El Centro, California
Goleta, California
Van Nuys, California
Lafayette, Louisiana
Scarborough, Maine
Marlboro, New Jersey
Oshkosh, Wisconsin
Colombia, South Carolina
Sevierville, Tennessee
Georgetown, Ontario, Canada

The new stores average over 12,000 square feet with service offerings
such as grooming and pet training.

“We are ramping up efforts to expand our footprint in North America and
are actively identifying and evaluating opportunities in both current
and new markets,” said Brian Amkraut, senior vice president of real
estate, strategy and initiatives. “Our customers prioritize convenience,
and we are listening and responding. Our aim is to focus on consumers’
localized needs and we’re pleased to have more opportunities to engage
with and serve customers, and to be active in supporting pets and pet
parents in these communities.”

PetSmart recently strengthened its real estate team with the promotion
of Ryan O’Sullivan to vice president of real estate and the addition of
Ryan Hill as a vice president of real estate and development.

PetSmart operates 1,466 stores in the U.S., Canada, Puerto Rico and 203
in-store PetSmart® PetsHotel® dog and cat boarding facilities.

About PetSmart^®

PetSmart,
Inc. is the largest specialty pet retailer of services and solutions
for the lifetime needs of pets. At PetSmart, we love pets, and we
believe pets make us better people. Every day with every connection,
PetSmart’s passionate associates help bring pet parents closer to their
pets so they can live more fulfilled lives. This mission impacts
everything we do for our customers, the way we support our associates,
and how we give back to our communities. We employ approximately 53,000
associates, operate 1,466 pet stores in the United States, Canada and
Puerto Rico and 203 in-store PetSmart®
PetsHotel® dog and cat boarding facilities. PetSmart provides a
broad range of competitively priced pet food and pet products and offers
dog training, pet grooming, pet boarding, PetSmart
Doggie Day Camp day care services and pet adoption services
in-store. Our portfolio of digital resources for pet parents – including PetSmart.com,
PetFoodDirect.com,
Pet360.com
and petMD.com
– offers the most comprehensive online pet supplies and pet care
information in the U.S. Through our in-store pet adoption partnership
with independent nonprofit organizations, PetSmart Charities® and
PetSmart Charities™ of Canada, PetSmart helps to save the lives of more
than 500,000 homeless pets each year. In addition, PetSmart supports
organizations that make communities a better place to call home through
our philanthropy program, PetSmart
Gives Back™. By giving back to the communities where we live and
work, PetSmart not only celebrates the power of pets to enrich
people’s lives—we live it.