Petco Opens First Store in Mexico
October 25, 2013
San Diego-based Petco has opened its first store in Mexico and announced plans for continued expansion in Mexico and Latin America through a joint venture with Grupo Gigante of Mexico. Together, the companies plan to open as many as 50 Petco stores in Mexico and Latin America by 2020. Terms of the joint venture were not disclosed. Petco currently operates more than 1,250 stores nationwide and in Puerto Rico, including more than 80 Unleashed by Petco locations, a smaller-format neighborhood shop and nine Pooch Hotel destinations.