Petcetera Files Bankruptcy - It's Official

jsmth321 · #1 06-24-2009, 02:24 AM

Quote:

Originally Posted by whatcaneyedo

They will not be missed. So when is Petco going out of business???

Probably not anytime soon. Their owners (2 private equity groups) have pretty deep pockets and they spent 1.8 billion to aquire the company 3 years ago, so I dont see them going away anytime soon. They expect to open their 1,000th store in 2009.

Petsmart's not doing too bad either, in the first quarter '09 profits up, sales are up and revenue is up, they closed the 1st qtr with a 46.3 million US profit on revenue of 1.33 billion US which was up 9%.

StirCrazy · #2 06-24-2009, 02:36 AM

this isn't nessasarly a good thing, although they are not the best for fish, there dry goods for other animals and equipment pricing help keep LFS honest. with out the big box pet stores I would hate to see how much a tank would cost, or filters, media, ect..

Steve

banditpowdercoat · #3 06-24-2009, 02:40 AM

I allways found their stuf WAY over priced.

StirCrazy · #4 06-24-2009, 03:25 AM

Quote:

Originally Posted by banditpowdercoat

I allways found their stuf WAY over priced.

come to the island my friend, they are the cheepest around.

Steve

reef bound · #5 06-24-2009, 04:24 AM

Quote:

Originally Posted by StirCrazy

come to the island my friend, they are the cheepest around.

Steve

I thought you were moving to Kamloops? Still happening? Sorry to hi-jack.

fkshiu · #6 06-24-2009, 04:28 AM

Quote:

Originally Posted by StirCrazy

come to the island my friend, they are the cheepest around.

Steve

Not for long!

jsmth321 · #7 06-24-2009, 05:51 AM

Quote:

Originally Posted by StirCrazy

this isn't nessasarly a good thing, although they are not the best for fish, there dry goods for other animals and equipment pricing help keep LFS honest. with out the big box pet stores I would hate to see how much a tank would cost, or filters, media, ect.. Steve

Out in my neck of the woods they were pretty much over priced on everything, the local store beat the socks of them price wise on just about everything. Sale time to time, but not worth just dropping in for.

I kinda wish Petsmart would come in and open a store, sometimes I like to shop there but hate going to Abby. Petcetera's building here is newer, and the dollar store could probably be moved to make it bigger if needed.

Myka · #8 06-24-2009, 06:10 AM

I always found the box stores expensive too on most stuff. Although PetSmart is the cheapest place I have found Caribsea Aragonite Select sand. It's about $1/lb there. PetSmart has decent prices on fish too, and most PetSmarts are well taken care of. I think PetSmart is the lesser of all the evils. Don't get me started on Petland (or Petcetera)...

VFX · #9 06-24-2009, 06:33 AM

Quote:

Originally Posted by jsmth321

Out in my neck of the woods they were pretty much over priced on everything, the local store beat the socks of them price wise on just about everything. Sale time to time, but not worth just dropping in for.

I kinda wish Petsmart would come in and open a store, sometimes I like to shop there but hate going to Abby. Petcetera's building here is newer, and the dollar store could probably be moved to make it bigger if needed.

I found the Chilliwack store would price match anything I found in the lower mainland. I'd sometimes just showed them the J&L website to get things cheaper & save myself the trip to Vancouver.

I wont miss it once it's gone though...

.

Myka · #10 06-24-2009, 06:34 AM

I think that's standard PetSmart policy to price match...the problem is they don't carry the right brands on most stuff to price match! LOL