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 that year, with approximately 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 that offer consumers more convenience at lower prices. By 2025, the US pet store industry is expected to generate approximately 22.87 billion US dollars in revenue, an increase of approximately two billion from 2020.
PetSmart vs. Petco
The largest pet supply companies in the United States are undoubtedly PetSmart and Petco Animal Supplies. PetSmart, headquartered in Phoenix, Arizona, generates revenue from brick-and-mortar stores across the US, as well as Canada and Puerto Rico. In the 2020/21 fiscal year, the company generated nearly seven billion US dollars in revenue, an increase of more than 350 million compared to the previous fiscal year. On the other hand, Petco, which operates mainly in the US, Puerto Rico, and Mexico, brought in about three billion US dollars of revenue in 2020/21.
