Everyone who keeps pets surely has his/her own ways of caring for these pets more especially when comes to supplies of food and basic safety accessories. It is by this that Ryan Cohen, Michael Day came up with the idea of putting up the Chewy pet supplies store which mainly operates online but has its physical office where issues can be addressed.
It is not surprising how easy it is since the inception of this platform to get supplies purchased and delivered to you wherever you are in the United States of America and that has been the joy of pet lovers all over the States.
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But what is there to know about this store if you are yet to hear of it or if you’ve not considered for yourself a new pet and need help in providing its needs. Here is everything you need to know about Chewy Pet Store.
Chewy Pet Supplies Store
Chewy, Inc. is an American online retailer of pet food and other pet-related products headquartered in Dania Beach, Florida. In 2017, Chewy was acquired by PetSmart for $3.35 billion, which was the largest-ever acquisition of an e-commerce business at the time.
On April 29, 2019, Chewy filed an S-1 for an initial public offering, intending to trade under the ticker symbol CHWY. In its filing, Chewy reported a net loss of $268 million on total sales of $3.5 billion for its 2018 fiscal year.
Chewy went public on June 14, 2019, at $22 per share. In the 2019 fiscal year, Chewy earned net sales of $4.85 billion, a 40 percent year-over-year increase on a 52-week to 52-week basis.
The company saw increased demand from millions of existing and new customers as the business sustained growth throughout the economic disruption of the COVID-19 era.
Location
The company opened a facility in Mechanicsburg, Pennsylvania to allow for overnight delivery in the Northeast in 2014. In 2017, Chewy announced that it would open an office in Boston, Massachusetts, which the company called its second headquarters.
In February 2018, Chewy opened a new customer service center in Hollywood, Florida. Also in 2018, Chewy.com opened a new distribution facility in Goodyear, Arizona. It has 12 fulfillment centers and three customer service centers. In October 2020, the company launched its first fully automated distribution center