San Diego — In keeping up with its fast-paced 2016 growth plan, which includes 31 new Petco stores and one new Unleashed by Petco store year-to-date, Petco will open one new Petco store in West Virginia in August. In addition, the company will reopen one remodeled store in California and two relocated stores in Texas and in New Jersey.
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San Diego — In keeping with its fast-paced 2016 growth plan, which includes 26 new Petco stores and one new Unleashed by Petco year-to-date, Petco will open five new Petco stores across the country in July. In addition, the company is also remodeling 12 stores in Seattle, one in San Diego, expanding one store in Heath, Ohio, and relocating one store in Middleburg Heights, Ohio.
San Diego — On June 10, 2016 at the 11th Annual San Diego Gas & Electric (SDG&E) Energy Showcase event, Petco was honored by SDG&E for its remarkable results in energy efficiency and conservation. Petco, a leading specialty retailer of premium pet food, supplies and services, was awarded a Grand Energy Champion Award for its dedication to energy sustainability at its national support center located in San Diego.
San Diego — Petco has added two key leaders, hiring Jodi Watson as senior vice president, Petco Direct; and Spencer Insolia as vice president, Petco, and president, Doctors Foster & Smith. The company has also named John Carcasi as senior vice president, supply chain & merchandise planning, expanding his previous role to encompass all supply chain and inventory related activity across the company.
Rockville, Md. — Petco will be acquired for $4.6 billion by CVC Capital Partners (Luxembourg) and Canada Pension Plan Investment Board. The deal should close in early 2016. With its headquarters in San Diego, Petco had been taken private in 2006 in a $1.8 billion buyout by California-based private equity firms.
San Diego — Petco has made several key leadership changes, including the addition of chairman responsibilities to CEO Jim Myers’ role and naming Brad Weston president. Additionally, Steve Lossing has been promoted to senior vice president, operations. Lossing’s previous role will be helmed by Rebecca Frechette, the company’s new senior vice president, merchandising.
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