Retailers to supply rural prospects one-stop store for pet and home services and products
MOORESVILLE, N.C., July 20, 2023 /PRNewswire/ — Lowe’s Companies, Inc. (NYSE: LOW) and Petco Health + Wellness Company Inc. (Nasdaq: WOOF) right now introduced the enlargement of their pilot program that brings trusted merchandise, companies and experience – for each home and pets – right into a one-stop store, rising from 15 Lowe’s shops to almost 300 places by year-end. Focusing on rural communities throughout the nation, this enlargement presents a brand new comfort to customers, offering access to pet provides and veterinary care together with every little thing DIY and Pro prospects want for his or her home enchancment initiatives.
With 90.5 million households – or 70% of U.S. households – now proudly owning a pet*, this enlargement demonstrates a dedication to providing a rising variety of pet house owners the assets and peace of thoughts that include figuring out that care for his or her pets is simply across the nook.
“Our preliminary pilot program with Petco resonated with our present, loyal customers and launched new prospects to Lowe’s,” stated Bill Boltz, Lowe’s government vp of merchandising. “Partnering with high manufacturers that our prospects know and belief, like Petco, permits Lowe’s to proceed elevating and localizing our curated assortment to make sure we’ve got the best merchandise in the best markets. By increasing our store-in-store footprint, we’re providing extra tailor-made services and products to satisfy the distinctive wants of our prospects in rural and distant areas, streamlining the purchasing expertise.”
Lowe’s Petco store-in-stores will carry a spread of merchandise from vitamin and provides to flea and tick options. Products embrace Petco personal manufacturers: EveryYay, Leaps & Bounds, So Phresh and WholeHearted; in addition to nationwide manufacturers, together with: Advantage II Cat, BARK Toys, Blue Buffalo, ChuckIt, Frontline, K9 Advantix, Purina One and Seresto. Petco’s Vetco Clinics, providing vaccinations, microchipping and preventative medication, can even be available as soon as a month at 75 Lowe’s shops and shall be staffed by a licensed veterinarian.
“The success and enlargement of our Lowe’s + Petco store-in-store idea is proof of the necessary function pets play in our lives, and pet mother and father’ deep need to provide them the very best life in return,” stated Amy College, Petco chief merchandising officer. “As Americans proceed to enhance their houses for your complete household – together with their beloved pets – we’re delighted to convey Petco’s pet care experience, mixed with our well being and wellness merchandise and veterinary companies, to much more pet mother and father as we scale as much as a whole lot of Lowe’s places throughout the nation.”
The enlargement of the Petco store-in-store places is a part of Lowe’s broader rural technique to tailor its assortment in as much as 300 shops to incorporate every little thing wanted for farm and home. Expanded rural retailer assortments will embrace feed, pet and outside merchandise resembling troughs, an expanded trailer choice, farm implements, livestock fencing, utility automobiles, and specialised {hardware} – plus new Carhartt® attire in choose shops and the enlargement of Wrangler® attire in all rural shops.
To be taught extra about Lowe’s expanded partnership with Petco, try Lowes.com/Petco. For the listing of Lowe’s Petco store-in-store places, go to Petco at Lowe’s Store Locations (lowes.com). For extra details about Lowe’s expanded farm and ranch choices for rural prospects, please view the press release.
*American Pet Products Association (APPA)
About Lowe’s
Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home enchancment firm serving roughly 17 million buyer transactions every week within the U.S. With whole fiscal yr 2022 gross sales of over $97 billion, roughly $92 billion of gross sales had been generated within the U.S., the place Lowe’s operates over 1,700 home enchancment shops and employs roughly 300,000 associates. Based in Mooresville, N.C., Lowe’s helps the communities it serves via packages targeted on creating protected, inexpensive housing and serving to to develop the subsequent technology of expert commerce consultants. For extra data, go to Lowes.com.
About Petco, The Health + Wellness Co.
Founded in 1965, Petco is a category-defining well being and wellness firm targeted on bettering the lives of pets, pet mother and father and our personal Petco companions. We’ve persistently set new requirements in pet care whereas delivering complete pet wellness merchandise, companies and options, and creating communities that deepen the pet-pet mother or father bond. We function greater than 1,500 pet care facilities throughout the U.S., Mexico and Puerto Rico, which supply merchandise, companion animals, grooming, coaching and a rising community of on-site veterinary hospitals and cellular veterinary clinics. Our full pet well being and wellness ecosystem is accessible via our pet care facilities and digitally at petco.com and on the Petco app. In tandem with Petco Love (previously the Petco Foundation), an unbiased nonprofit organization, we work with and help hundreds of native animal welfare teams throughout the nation and, via in-store adoption occasions, we have helped discover houses for practically 7 million animals.
Cautionary Note Regarding Forward-Looking Statements
This press launch incorporates forward-looking statements throughout the that means of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding expectations, beliefs, plans, goals, objectives, methods, future occasions or efficiency and underlying assumptions and different statements which are apart from statements of historic truth. Although Lowe’s and Petco imagine that the expectations and assumptions mirrored in these statements are cheap, there may be no assurance that these expectations will show to be appropriate. Forward-looking statements are topic to many dangers and uncertainties, together with the danger components that Lowe’s and Petco determine of their respective Securities and Exchange Commission filings, and precise outcomes might differ materially from the outcomes mentioned in such forward-looking statements. Neither Lowe’s nor Petco undertake any responsibility to update publicly any forward-looking assertion that it could make, whether or not on account of new data, future occasions or in any other case, besides as could also be required by relevant legislation, regulation or different competent authorized authority.
Contact:
Larry Costello
Lowe’s Companies, Inc.
[email protected]
Ventura Olvera
Petco Health + Wellness Company Inc.
[email protected]
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SOURCE Lowe’s Companies, Inc.
