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0 0.00016196954972462 0.000323939099449354 -0.00016196954972462 0.00016196954972462 0 0.00016196954972462 0
Stock impact report

Walmart opens five more veterinary and grooming centers, as it makes bigger push in pets [CNBC]

PetIQ, Inc. - Class A (PETQ) 
Last petiq, inc. - class a earnings: 3/10 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.petiq.com
Company Research Source: CNBC
It's part of a bigger effort by the nation's largest retailer to capitalize on a high-frequency category that's popular across customer age groups and to step up competition with specialty retailers like Chewy. The big-box retailer, however, shuttered all of its health clinics for people, after saying it couldn't make the finances work. Walmart shut its doctor offices for people . But the nation's largest retailer is expanding its pet care business. On Tuesday, the company announced it will open five more pet services centers in October and early November. The new locations in Arizona and Georgia will include veterinary care and grooming. Walmart opened its first pet services center last year in the Atlanta area. Walmart's pet category is an attractive growth opportunity because it drives frequent purchases, resonates with customers across age groups and tends to hold up even when customers' budgets are stretched, said Kaitlyn Shadiow, vice president of merchandising for pets Show less Read more
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