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Petsmart Company Analysis

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Petsmart Company Analysis In 2014 there were twenty five top pet specialty chains in North America. Petsmart is number one with 1,289 stores nationally as of January 1st, 2014. All of these chains have strengths and weaknesses. They also have opportunities to improve in several areas. Many of the threats that they face are the other big competitors. This analysis will focus on Petsmart strengths and weaknesses while touching on the history of the company. Many opportunities will be addressed as well. Petsmart is a well-known brand that lacks motivated employees but has the opportunity to grow outside of the United States unless there is another economic decline. (Kalaygian) In 1987, Jim and Janice Dougherty opened a company called, The Pet Food Warehouse selling large bags of dog food at discount prices. This concept was new to the pet industry. In less than two years the warehouse was losing money and not attracting investors. The Dougherty’s were removed and Sam Parker was hired as a chairman because he could exert managerial control. He turned Pet Food Warehouse into Petsmart, Inc. Petsmart, Inc is the largest operator of pet food, pet supplies, and pet services in the United States. It is a $29 billion industry. All of their stores were larger than 18,000 square feet and had more than 12,000 items. In 1999, they launched their website PetsMart.com which became the leading provider of pet information and products that were available on-line. The firm owned 81% stake, this was attractive to investors. (Reference for Business) Petsmart holds 26,000 employees. They practice a diverse workplace and try to maintain consistent efforts. They also show a great deal of corporate ethics. On their website the human resource policies are very easy to find and well laid out. A majority of the company’s shares are owned by employees. For reasons

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