Pets Supplies Plus will expand its existing footprint of 300 stores by opening more than 200 franchised locations over the next five years.
“The pet industry has shown no signs of slowing down, in fact, it is projected to increase 4 percent annually,” says Alex Roberts, vice president of franchising at Pet Supplies Plus. “Everywhere you look, there is a new, innovative pet product brought to market that needs a store shelf to be sold on.”
To begin its expansion efforts, the Livonia-based pet supply company intends to open 25 franchise stores this year in targeted markets including Atlanta, Raleigh, Tampa, Minneapolis, and St. Louis.
Roberts says the company will also expand into new territory, including Denver, Houston, Nashville, and Memphis.
Jack Berry and Harry Shallop opened the first Pet Supplies Plus store in Redford Township in 1988. Private equity group Irving Place Capital acquired the company in 2010.
In 2014, the retailer opened 10 franchise and 20 corporate stores, and is now represented in 25 states.