SAN DIEGO, June 12, 2023 /PRNewswire/ -- Petco Health and Wellness Company, Inc. (Nasdaq: WOOF) today announced it has teamed up with hip-hop legend and devoted pet parent Snoop Dogg for a new advertising campaign that spotlights the value Petco offers when it comes to caring for pets' whole health.

Ron Coughlin (Jun 18, 2018–)Petco / CEO About. An experienced Fortune 100 business leader, Ron Coughlin has a proven track record of leading worldwide businesses to achieve profitable growth. As CEO of Petco, Ron is responsible for driving Petco's business strategy, direction and overall company performance.

Susanne Kogut - Susanne Kogut - President and Executive Director - Petco Love | LinkedIn.

We operate more than 1,500 Petco locations across the U.S., Mexico and Puerto Rico, including a growing network of more than 100 in-store veterinary hospitals, and offer a complete online resource for pet health and wellness at petco.com and on the Petco app.

CVC Capital PartnersCPP Investment Board Petco/Parent organizations

$4.6bn CVC Capital Partners and Canada Pension Plan Investment Board have announced a definitive agreement to jointly acquire Petco Animal Supplies, Inc. in a deal worth approximately $4.6bn.

To stand out in a crowded field, Petco has bulked up its private label offerings, expanded vet care and other pet services and wooed customers willing to splurge on everything from fashionable clothes to fresh and organic food as they treat dogs, cats, hamsters and other pets as family members.

Founded in 1965 as a small store selling veterinary supplies, Petco has turned into the second largest pet retailer in the world. Only Petsmart ranks above Petco in terms of market capitalization and revenue. Petco's continued success has been a result of consistent demand for pet products and services.

Petco Health and Wellness Company, Inc. is an American pet retailer with corporate offices in San Diego and San Antonio. Petco sells pet food, products, and services, as well as certain types of live small animals. Petco Health and Wellness Company, Inc. Petco Animal Supplies, Inc.

In 2022, Petco increased its net revenue by 3.9% to $6 billion - in addition to an 18% increase the previous year - and added around 1 million active customers to its base. Supported Petco Love's mission of making communities and pet families closer, stronger and healthier by: Raising $26 million.

But Petco's current success is not just due to external factors. The company's rebrand as a pet health and wellness one-stop-shop ecosystem rather than its former position as a mere pet product supplier has allowed the company to fully capitalize on the current pet ownership surge.

Stores sell pet food, pet supplies, small animals, and fish. Some stores offer services such as obedience training, dog grooming, pet vaccinations, and veterinary care, while also hosting adoption events. Unleashed by Petco are smaller stores that do not sell live animals.