Marketing

Pet Supplies Plus expands with Loyal Companion Pet stores strategy

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March 14, 2023

Pet Supplies Plus has acquired 20 Loyal Companion Pet Stores from its parent company in its quest to boost its presence in the northeastern U.S.

The company, which has over 660 stores in 41 states, did the acquisition with Wag N' Wash. Of the 20 stores acquired, 10 will be Pet Supplies Plus locations and 10 will be Wag N' Wash stores.

"This is an incredible way to start the year, as this acquisition allows Pet Supplies Plus and Wag 'N Wash to considerably grow their presence throughout the Northeast in a brief period," Chris Rowland, CEO of Pet Supplies Plus and Wag N' Wash, said in the release.

While eight of the converted stores are corporate stores for now, 12 are owned by the company's first dual-branded franchisee group comprised of Caitlin Greene, Ryan Greene and Ray Vigneault. Through this acquisition, Greene, Greene and Vigneault will grow their portfolio by eight Pet Supplies Plus stores and four Wag N' Wash stores, bringing their total store count to 37 comprised of 28 Pet Supplies Plus stores and nine Wag N' Wash stores.

This acquisition will grow Wag N' Wash's national store count from 14 to 24 with several dozen more in the pipeline to open within the next few years.