This Beloved Pet Store Is Closing All U.S. Locations
This company is closing all 358 stores in the U.S. and online sales have already shut down.
Businesses from major mall chains to local coffee shops have been shuttering amid the pandemic, and the latest store to succumb to the current economic climate is particularly sad news for pet parents. Pet food and supply chain Pet Valu has announced that it is closing all of its stores and warehouses across the U.S., CNBC reports. Read on for more on the company's closures, and for other big news dog owners need to know, check out The FDA Just Recalled 25 Popular Dog Foods for This Terrifying Reason.
Pet Valu's 358 locations, which are mainly located throughout the Northeast and Midwest—along with the Pet Valu offices in Wayne, Pennsylvania—are closing. The company is no longer accepting online orders and in-store liquidation sales have already begun. Pet Valu’s shutdowns do not apply to existing stores in Canada.
"The company's stores have been significantly impacted by the protracted COVID-19-related restrictions," Pet Value chief restructuring officer Jamie Gould said in a statement. "After a thorough review of all available alternatives, we made the difficult but necessary decision to commence this orderly wind down."
The company also announced that its Pet Points Plus Program will continue through Nov. 21, 2020 and customers are encouraged to redeem any rewards by Dec. 13, 2020. However, Senior’s Day and Military Day discounts are no longer available.
COVID-19 has affected pets in many ways since the pandemic began. Research in June from the American Pet Products Association found that pet ownership and spending on pets was growing, with 72 percent of owners saying that spending time with their pet was helping to reduce their stress levels during the pandemic. Larger companies like Petco, Chewy, and PetSmart have seen a boost this year, but Pet Valu was not so lucky. Read on for other companies that have shut down stores, and for more news that affects pet parents, check out Petco Just Took This Controversial Product Off Its Shelves.
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