We do realize that the very significant growth in the industry, being more than double digits in the past two years, is above the normal level of about six per cent per year, said Maltsbarger. information) within the meaning of applicable securities laws. Prior to that, he held senior positions at the CHRIST Jeweler and Watchmaker, a division of Douglas Holding and Arvato Supply Chain Solutions in Germany. Please retry or create an account if you have not yet done so. At Pet Valu we understand that your pet is a part of the family, because were devoted pet lovers too. 1422 Fanshawe Park Road West. Maltsbarger said the Chico brand has opened 20 new stores in the past two years. [2], RBC, Barclays Capital Canada, and CIBC World Markets underwrote the IPO. Richard Maltsbarger is a member of the Board, and President & Chief Executive Officer of the Company. Pet Valu is Canadas leading retailer of pet food and pet-related supplies with over 700 corporate-owned or franchised locations across the country. Adam Woodward is Senior Vice President of Franchise Store Operations, overseeing relations with the Companys franchisee owners who cumulatively operate over 400 stores under the Pet Valu family of banners, across all regions outside of Quebec. include information regarding our financial position, business strategy, growth strategies, addressable markets, Shop by Brand at Pet Valu to find the perfect pet products for your furry BFF. Pet Valu Announces Timing of Second Quarter 2023 Earnings Release. (519) 474-2727 (Primary) Email Us. Many of our stores are locally owned and operated, and as the largest Tanbir Grover is the Chief Marketing and Digital Officer of the Company, having responsibility of the Companys omni-channel marketing, e-commerce and marketing analytics, including the Companys loyalty program. experience and perception of historical trends, current conditions and expected future developments, as well as By providing your email address below, you are providing consent to PetValu to send you the requested Investor Email Alert updates. National Survey of Canadian Pet Owners Reveals an Estimated - Newswire The boards concluded that the transaction with Roark represents the best alternative for shareholders. And weve really begun to see that positive flywheel. risks and uncertainties. Perhaps one of the most interesting findings was how much pet ownership and pet choices differ across Canada. Status. Shop by Brand Deals New Arrivals. Pet Valu: Fanshawe Park&Hyde Park London - London, ON At the time, Roark Capital owned all of the company. For more than 40 years, Pet Valu has earned the trust and loyalty of pet parents by offering knowledgeable customer service, a premium product offering and engaging in-store services. In our pet-friendly stores, you will find more than 7,000 products from more than 200 suppliers, including holistic and premium brands of foods and treats, as well as a wide selection of essential and innovative supplies. Pet Valu store closings: All 358 US stores to liquidate - USA TODAY Prior to joining Pet Valu in May 2023, Mr. Morden held senior IT and ecommerce roles across several businesses including Thane Direct Inc., Town Shoes, Blacks Photography and, most recently, Sunwing Travel Group Inc. where he served as Vice President of IT Operations between 2019 and 2023. Ms. Drysdale has over 25 years of extensive knowledge in finance, risk management and audit functions, and a decade of experience reporting to boards of directors and board audit committees as a Chief Financial Officer and senior Internal Audit executive. Find a Store Find the store nearest you. By providing your email address below, you are providing consent to PetValu to send you the requested Investor Email Alert updates. The acquisition provides Pet Valu, which operates pet stores primarily in the provinces of Ontario and Manitoba, a platform for growth in western Canada. Pet Valu Holdings Ltd. is the parent company of this organizational structure. 300 Tecumseh Road East. Since joining Pet Valu in November 2018, his leadership team has shaped the modernization of the Companys technology platform, including the launch & expansion of its e-commerce capabilities and led the completion of Pet Valus Initial Public Offering in June 2021. [1] Pet Valu pet supply retailer to shut down U.S. operations - CNBC Pet Valu Canada Inc. Franchise Costs & Fees In our pet-friendly stores youll find thousands of products, including a wide assortment of solution based or For more than 40 years, Pet Valu has earned the trust and loyalty of pet parents by offering knowledgeable customer service, a premium product offering and engaging in-store services. factors. Mr. Maltsbarger earned a Bachelor of Science and a Master of Science in Agricultural Economics from the University of Missouri and a Master of Business Administration from the Olin School of Business at Washington University in St. Louis, Missouri. Mario Toneguzzi, based in Calgary, has more than 40 years experience as a daily newspaper writer, columnist, and editor. It was founded in 1983 by Pierre Charbonneau and Michel Joly. Holdings Ltd.s (the Company, our or we) future financial outlook and anticipated events or results and may You can sign up for additional alert options at any time. For more than 40 years, Pet Valu has earned the trust and loyalty of pet parents by offering knowledgeable customer service, a premium product offering and engaging in-store services. [1], In November 2020, the company announced that it would close all its stores located in the United States. Pet Valu Canada Inc Company Profile - Dun & Bradstreet If you experience any issues with this process, please contact us for further assistance. The company said Holt would be retiring as chief executive after completion of the sale, which is expected to close in the third quarter. Pet Valu Canada Inc Company Profile, Financial and Strategic SWOT For further information: MEDIA CONTACT: For more information or to schedule an interview, contact: Katherine Clark, Beacon Strategic Communications, [emailprotected], 416-453-3288; INVESTOR CONTACT: James Allison, [emailprotected], 289-806-4559. Copyright 1987-2023 Brunico Communications Ltd. All Rights Reserved. Richard Maltsbarger , President and Chief Executive Officer, said the brand, with more than 700 stores, opened 20 new stores in 2020 and 30 new . You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. The Company offers nutritious foods, treats, toys, accessories, and health articles for dogs, cats, birds, fishes, reptiles, and small animals. Pet Valu's neighbourhood stores offer more than 7,000 competitively priced products, including a broad assortment of premium, super premium, holistic and award-winning proprietary brands. By providing your email address below, you are providing consent to PetValu to send you the requested Investor Email Alert updates. The Pet Valu family of stores consists of Pet Valu, Bosleys We dont expect that significant lift will continue. Coupons expire at 11:59 pm at the point of sale on the expiration date listed on the coupon. Pet Valu - Pet Valu Reports Third Quarter 2022 Results; Same-Store When typing in this field, a list of search results will appear and be automatically updated as you type. Ms. Martin-Bevilacqua earned a Bachelor of Commerce (Honours) from the University of Windsor, and a Master of Human Resource Management from York University. We understand your decision to use an ad blocker, however Strategy journalism takes time and funding Subscriptions and advertising are both necessary to fund the journalism we bring to you. Performatrin is a Canadian brand of pet food that is manufactured by the Pet Valu pet store franchise. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Subscribeto Retail-Insider. Pet Valu Canada Inc. (" Pet Valu Canada ") operates and franchises retail stores in Canada under the banners: " Pet Valu ", " Paulmac's Pets, " " Bosley's by Pet Valu, " " Total Pet ," and " Tisol. About Pet Valu Pet Valu is Canada's leading retailer of pet food and pet-related supplies with over 600 corporate-owned or franchised locations across the country. Mr. Nathan Bomey USA TODAY 0:00 1:13 Pet food and supplies chain Pet Valu is shutting down its U.S. stores and warehouses. The company operates under the brand name "Pet Valu," providing retail and wholesale of specialty pet food and pet-related supplies. Prior to joining Pet Valu, Mr. Maltsbarger held multiple senior positions at Lowes Companies over a 14-year period, most recently serving as Chief Operating Officer for United States Operations and previously serving as President of International (Canada and Mexico) where he oversaw expansion through Canada with the acquisition of RONA, and as Chief Development Officer where he had oversight of strategy, mergers & acquisitions, analytics and innovation. Pet Valu Learn more about our efforts and meet our national charitable partners. It's really interesting to see how things vary across the country as well," says Margaret Chapman, COO & Partner at Narrative Research. Or please feel free to contact customer service. Pet Valu Retail Markham, ON 25,171 followers #loveliveshere See jobs Follow View all 1,998 employees Overview Jobs Life About us We're Canada's largest pet retailer and growing with over. Kendalee MacKay is the Chief Merchandising Officer of the Company, with oversight of the merchandising, proprietary brands and demand and inventory replenishment departments. At Pet Valu | LinkedIn Expired. Expired. [2], According to Maltsbarger, the company owns 225 out of its 744 stores, while the remaining stores are franchised to local owner-operators.[6]. Pet Valu Holdings Ltd. Prior to joining Pet Valu, Mr. Grover served as Vice President, Digital at the Co-operators Group Limited from January 2020 to November 2020. The survey also revealed that more than a third (35%) of pet owners welcome their pets to sleep in their beds. Pet Valu and Pet Supermarket Merge Forming Largest and Fastest Growing Pet Valu has acquired fellow pet specialty retailer Chico, marking its first foray into the Quebec market. Pet Valu is a Canadian pet food and accessory retailer founded in 1976. With more than 930 stores, it will generate approximately $1 billion in system-wide retail sales across the U.S. and Canada. Mr. Maltsbarger currently serves as Chair of the Audit & Risk Committee on the National Board of Trustees for the National 4-H Council. Joining forces with Roark, which has deep experience investing in franchise and specialty retail businesses, also represents a promising opportunity for our customers, employees and franchisees.. She has also held the position of Corporate Secretary & Legal Counsel at Brookfield Asset Management Inc. and Assistant Secretary & Legal Counsel at Canadian Tire Corporation, Limited. [2], In 2022, Pet Valu acquired Quebec chain Chico's 66 stores. expected, an opportunity exists, budget, scheduled, estimates, outlook, forecasts, projection, At PetValu, we promise to treat your data with respect and will not share your information with any third party. Whether actual results, performance or achievements will conform to the Companys Jul 13, 2023. supplies to suit every budget. Pet Valu Canada operates worldwide. Location Info Leduc 5310 Discovery Way #1 Leduc, AB T9E 8L9 Directions (780) 980-0638 (Primary) Email Us Location Hours Monday - Friday: 9:00 AM - 9:00 PM Saturday: 9:00 AM - 6:00 PM Sunday: 10:00 AM - 6:00 PM Services Adoption Mr. Woodward earned his Bachelor of Arts in Political Science at York University and a diploma in human resource management at Seneca College. He adds that another goal of the acquisition is to continue Chicos growth within Quebec. Have a question? Get special offers and tips from our experts. Expertise is a click or call away! Data was weighted based on the 2016 Census, by gender, age, and region to reflect these population characteristics in each province. Your Account. [1], The company's first initial public offering occurred in 2009 when Roark Capital Group took over the company for an estimated $144 million. Directions. Pet Valu and Pet Supermarket today announced that they have merged to create the third-largest pet specialty retailer and the largest small-format, neighborhood pet specialty retailer in North America. You can sign up for additional alert options at any time. Pet Food, Pet Supplies & Pet Stores - Pet Valu Mr. Morden earned Computer Network Engineering Technician and Technologist honor diplomas from the RCC Institute of Technology. which the Company operates is forward-looking information. About Pet Valu Pet Valu is Canada's leading retailer of pet food and pet-related supplies with over 600 corporate-owned or franchised locations across the country. Conagra Brands Canada Study Unveils Canadians Growing Appetite for Culinary Exploration Canadian Retail Sales Continue to be Impacted by Housing and Rate Hikes [J.C. 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Nico Weidel is the Chief Supply Chain Officer of the Company, with oversight of the Companys omni-channel supply chain operations and procurement. Pet Valu, the leading Canadian specialty retailer of pet food and pet-related supplies, aggressively grew its store presence in Canada during the pandemic with plans for continued significant growth. The difference that we bring to the marketplace and whats fundamentally most important to me is I believe that your customers cant have a better experience than your people do. Copyright 1996-2023 Brunico Communications Ltd. All Rights Reserved. We are here to help with most needs you may have including services such as grooming, adoption, or our self PET.TO - Pet Valu Holdings Ltd. - Yahoo Finance Canada "We commissioned a national study to understand the pandemic's effect on pet adoption so we can continue to provide the products and expertise pet owners need. [1] The company's first initial public offering occurred in 2009 when Roark Capital Group took over the company for an estimated $144 million. authenticate users, apply security measures, and prevent spam and abuse, and, display personalised ads and content based on interest profiles, measure the effectiveness of personalised ads and content, and, develop and improve our products and services. And I really credit our franchise owners, our in-store ACEs and the leaders of our business with really bringing their whole self, their true compassion as a devoted pet lover and someone who enjoys serving other humans.. So weve actually grown 50 per cent faster than the industry. Over the past 10 years, its in-store fundraising programs have You must click the activation link in order to complete your subscription. Meet the Franchisor: Tom McNeely of Pet Valu - Canadian Business No single owner has more than six stores and the vast majority, 67 per cent, own a single store, about 23 per cent own two stores. If you experience any issues with this process, please contact us for further assistance. The combined business is named Pet Retail Brands. Dog Wash Adoption Grooming Frozen Raw Have a question? Pet Valu was founded by Geoffrey Holt in 1976 and has since grown to become Canada's largest chain of small-format pet food and supply stores, headquartered in Markham, Ont. About Pet Valu Pet Valu is a Canadian specialty retailer of pet food and pet-related supplies with more than 770 stores across Canada and the US. developed by our in-house nutritionists. The sale has the support of Pet Valus board, who will urge shareholders to tender their stock to the transaction. You must click the activation link in order to complete your subscription. This is in line with the company's multi-banner approach, as it also owns and operates the Paulmac's Pets, Bosley's, Tisol and Total Pet stores. Please re-enter or use "forgot password?" taken, occur or be achieved. Ms. Johnston earned a Bachelor of Laws degree from Osgoode Hall Law School, an Honours Bachelor of Arts degree from University of Toronto and is a graduate of the Directors Education Program at the Institute of Corporate Directors at University of Toronto. Ms. Martin-Bevilacqua joined the Company in 2002 as Vice-President, Human Resources and has held various positions of increasing responsibility since that time. have found forever homes for more than 32,000 pets. For us, it really is the strength of the demand from new owner/operator based franchisees across Canada. Pet Valu: Bosley's Prince George - Prince George, BC Net income was $26.7 million, up from $13.8 million in the prior year. Prior to this, Ms. Johnston was Vice President, Assistant General Counsel & Assistant Secretary at KIK Custom Products from April 2015 to May 2019 and Assistant General Counsel from October 2013 to April 2015. About Us - Your Pet - Your Brands - Your Store - Pet Valu along with Animal Care Experts who are specially trained to help you find the best nutrition and products for Canadian Press Performatrin Dog Food covers all life stages with a large number of recipes for different needs. So when you look at an average dog or cat lifecycle being somewhere around eight to 15 years that would indicate that weve got at least about a decade ahead of us where this overall increase in the pet population in Canada is going to continue to be an annuity.. Pet Valu Canada Inc - Company Profile and News - Bloomberg Markets Pet Valu, currently headquartered in Markham, Ont., said the offer from Roark Capital Group values the company at $13.68 per share. Everybody is a required owner/operator. According to a recent national survey, conducted by Narrative Research on behalf of Pet Valu, one third of Canadian pet owners have welcomed a new pet into their home since the start of the pandemic, representing an estimated three million pets. MARKHAM, ON, Feb. 10, 2022 /CNW/ - As Canadian pet owners prepare to celebrate National Love Your Pet Day on February 20, indications are the celebration will be even bigger this year. (519) 254-8129 (Primary) Email Us. other factors that we currently believe are appropriate and reasonable in the circumstances, and are subject to Windsor Plaza 300. . [3][4][5], At the end of 2021, the organization had 633 corporate and owned stores and franchises in Canada. Pet Valu Canada Inc retails pet food and supplies. Particularly, information regarding the For more than 40 years, Pet Valu has earned the trust and loyalty of pet parents by offering knowledgeable customer service, a premium product offering and engaging in-store services. After submitting your request, you will receive an activation email to the requested email address. The highly anticipated project features a mix of retailers, foodservice and other businesses, and anticipates drawing tens of thousands of visitors daily. Pet supply retailer Pet Valu Inc. said Monday it will pass into American ownership through a $143.7-million sale to an Atlanta-based private equity firm. Pet Valu - National Survey of Canadian Pet Owners Reveals an Estimated Also global supply chain disruptions and pandemic restrictions have been difficult for all retailers. This page is not available in other languages. Browse top brands like Hill's Science Diet, Royal Canin, Nutro and more to find everything you need. The company was founded in 1976 and is based in Markham, Canada. Prior to joining Pet Valu in June 2020, from October 1994 to March 2020, Ms. MacKay held multiple positions with Loblaw Companies Limited, including Vice President of Grocery and Health Beauty Discount Division, Vice President of Merchandising Competition Law Compliance, Vice President of Loblaw Brands, and most recently as Vice President Merchandising and Business Development at Shoppers Drug Mart. Catherine Johnston is the Chief Legal Officer, General Counsel & Secretary of the Company, with oversight of the Companys legal affairs. The Pet Valu family of stores consists of Pet Valu across all provinces, Paulmacs Pets in Ontario, Bosleys by Pet Valu in BC, Total Pet with one store in Alberta and the rest in BC and Tisol Pet Nutrition & Supply in BC. After Johnnie Walker success, Crown Royal gets in-home mentorship, Consumers take sides on another front of Canada's coffee war, Annual charitable campaign taps influencers and the social web for the first time, New campaign unveils first brand renovation in 60 years, The Union-built holiday campaign drops the product shots, Execs want battery-powered cars, ride-sharing to 'fundamentally change' automaker, Heeding the 80-20 rule, metrics that matter and changing customer behaviors, Inside the retailer's Market Hall strategy to make more Canadians fans of its designs. Christine Martin-Bevilacqua is the Chief Administrative Officer of the Company having served in such role in October 2011, with oversight of the human resources, franchise sales, real estate and risk departments. Welcome to our Leduc Location Locations AB Leduc 5310 Discovery Way Have a question? The deal is still subject to approval from shareholders and the British Columbia court. Pet Valu Holdings Ltd. ("Pet Valu" or the "Company") (TSX: PET), the leading Canadian specialty retailer of pet food and pet-related supplies, has announced today that PV Holdings S. r.l., Roark Capital Partners II AIV AG, L.P., RCPS Equity Cayman LP and Roark . Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. July 06, 2009. Statements containing Coupons will not be accepted after the expiration date listed on the coupon. projections regarding future events or circumstances. Canadians are experimenting with cooking and this is having an impact on the grocery industry throughout the country, says an expert. should not be read as guarantees of future performance or results, and will not necessarily be accurate indications Linda Drysdale is Chief Financial Officer of the Company. He has also held store operations management and franchise development positions in the food service and family entertainment sectors. About the surveyThe survey was conducted onlineNovember 15-17, 2021, with 2,000 Canadians 18 years of age or older from the Logit Group's Canadian Omnibus. No part of any of the content of this website may be reproduced, distributed, modified, framed, cached, adapted or linked to, or made available in any form by any photographic, electronic, digital, mechanical, photostat, microfilm, xerography or other means, or incorporated into or used in any information storage and retrieval system, electronic or mechanical, without the prior written permission of Retail Insider Media Ltd. or the applicable third party copyright owner. If you experience any issues with this process, please contact us for further assistance. need, and we partner with local shelters, rescues and charities through fundraisers, adoption programs and $10 Off. Financial terms of the deal were not disclosed, beyond the fact that the deal closed Friday and was completed with cash on hand. Pet Valu, currently headquartered in Markham, Ont., said the offer from Roark Capital Group values the company at $13.68 per share. He said the pandemic has been tough on a personal level for the past two years on people, including the animal care experts working at Pet Valu stores. In the fourth quarter of 2021, system-wide sales for Pet Valu were $288.5 million, an increase of 11.7 per cent. The companys top two shareholders, chief executive Geoffrey Holt and fund manager Goodwood Inc., have already agreed to support the deal. Dogs and cats continue to be the most popular pet choice across Canada; however, the regional differences continue. You can sign up for additional alert options at any time. Pet Valu Pet Valu enters Quebec by acquiring Chico strategy London, ON N6G 0A4. Prior to joining Pet Valu in June 2022, Mr. Weidel held multiple senior positions at the Hudsons Bay Company from 2016 to 2022, and most recently served as Senior Vice President, Supply Chain & Logistics.
