The pet industry is a booming business, with two of the biggest companies in the space being Petco and PetSmart. One of the most popular online pet stores, Chewy, has long been associated with one of these brands, but for a long time, it was unclear which. In this article, we will explore the answer to the question: Is Chewy owned by Petco or PetSmart? We will look at the history of the company, its current ownership, and the services it provides to customers.
Is Chewy Owned by Petco or PetSmart?
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Chewy, an online pet supplies retailer, has been gaining in popularity in recent years. But who owns it? Is it owned by Petco or PetSmart?
The answer is neither. Chewy is an independent company and is not owned by Petco or PetSmart. It was founded in 2011 by Ryan Cohen and Michael Day and is based in Dania Beach, Florida. Chewy is a publicly-traded company and its stock is traded on the New York Stock Exchange under the ticker symbol CHWY. It is currently valued at over $32 billion.
How Did Chewy Get Started?
Chewy was founded in 2011 when Ryan Cohen and Michael Day decided to start a pet supplies company. They had both worked for an online pet food retailer and wanted to create a better customer experience. They wanted to make it easier for pet owners to get what they needed for their pets.
In the beginning, Chewy only sold pet food and supplies online. But as the company has grown, it has expanded into other areas, including pet insurance, veterinary services, and even pet adoption services.
What Sets Chewy Apart from Petco and PetSmart?
Chewy is different from Petco and PetSmart in a few key ways. First, Chewy is an online-only retailer, while Petco and PetSmart both have physical stores. This means that Chewy can offer a wider selection of products and services than its competitors.
Second, Chewy offers a wider range of prices than Petco and PetSmart. This is because it has lower overhead costs due to its online-only business model. This allows Chewy to offer its customers more affordable products and services than its competitors.
Finally, Chewy has a more personal customer service experience than Petco and PetSmart. Chewy is known for its friendly and helpful customer service representatives, which often leads to customers returning to the site for future purchases.
Conclusion
Chewy is a popular online pet supplies retailer that is not owned by Petco or PetSmart. It was founded in 2011 by Ryan Cohen and Michael Day and is now a publicly-traded company valued at over $32 billion. Chewy sets itself apart from its competitors by offering a wider selection of products and services, more affordable prices, and a more personalized customer service experience.
Myths about Chewy’s Ownership
Myth: Chewy is owned by Petco.
Fact: Chewy is an independent company and is not owned by Petco.
Myth: Chewy is owned by PetSmart.
Fact: Chewy is an independent company and is not owned by PetSmart.
Frequently Asked Questions
Is Chewy owned by Petco or PetSmart?
Answer: Chewy is not owned by Petco or PetSmart. It is an independent company that was founded in 2011 and is now owned by Walmart.
Where is Chewy’s corporate headquarters located?
Answer: Chewy’s corporate headquarters is located in Dania Beach, Florida.
Conclusion
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