PETCO MOVES TO CUT 180 JOBS
Petco is cutting 180 positions
from its workforce, with about 50
of those cuts coming from its San
Diego headquarters, according to
the pet supply retailer.
The company made the cuts
across its workforce and included
both existing and open positions.
Petco has about 650 workers
at its headquarters and employs
27,000 in the U.S.
“The changes announced...
are focused on creating a better
optimized workforce and result
in the elimination of 180 open
and existing positions across
the company,” the company
said in a statement provided by
spokeswoman Lisa Stark. “By
consolidating certain functions
and activities, we are simplifying
and prioritizing key areas of our
business in order to continue investing in growth opportunities
that lie ahead for Petco.”
MARS TO ACQUIRE VCA
McLean, Va.-based Mars Inc.
will acquire Los Angeles-based
VCA animal hospitals, the largest family of animal care providers nationwide, which operates
more than 780 hospitals in 43
U.S. states and five Canadian
provinces, and provides diagnostic services to more than
19,000 independent hospitals.
The boards of directors of
both companies have unanimously approved the agreement.
VCA joins Mars Petcare,
whose brands include Royal
Canin, Pedigree and Whiskas,
as well as DNA testing Wisdom
Panel and pet tech Whistle.
“We are thrilled to welcome
TRUE LEAF PURCHASES
VCA to the Mars family and
to our portfolio of brands and
businesses around the world,”
said Mars CEO Grant Reid.
“VCA is a leader across pet
health care and the opportunity
we see together—for pets, pet
owners, veterinarians and other
pet care providers—is tremen-
dous. We have great respect
for VCA, with whom we share
many common values and a
strong commitment to pet care.
Together, we will be able to pro-
vide even greater value, bet-
ter service, and higher-quality
care to pets and pet owners.”
Upon completion of the
transaction, VCA will operate
as a distinct and separate busi-
ness unit within Mars Petcare
alongside its other veterinary
services businesses, Banfield
Pet Hospital, BluePearl and
Pet Partners, and will continue
to be led by Antin. The compa-
ny will remain headquartered
in Los Angeles and will remain
focused on its business model
and strategic objectives.
True Leaf Pet Inc., the Vernon, British Columbia, Cana-da-based company that produces and sells hemp-based
functional chews for dogs, has
purchased the assets and intellectual property of OregaPet,
an award-winning Canadian
brand of medicinal products
The purchase was completed and effective Jan. 1,
with True Leaf acquiring all of
“This is a major positive
step forward for True Leaf,”
said Darcy Bomford, True
Leaf CEO. “The OregaPet
brand and natural-remedy
focus align perfectly with our
company’s ‘Quality of Life’
vision for our customers and
their pets. At the same time,
the addition of 10 new items to
• Mild Sulfate-Free cleansers for softer, smoother & more manageable coat.
• Colognes can be used after bathing and between baths to keep your pet smelling wonderful.
• 100% biodegradable and safe for puppies and kittens.
• Concentrated may be diluted with 6 parts water.
• Fortified with organic Baobab Protein from the fruit of the African Tree of Life.
• Nourishes hair from the roots to the tip.
• Helps with heat protection and damage recovery.
• Instantly hydrates, moisturizes and rejuvenates skin.
• No Xanthan gum thickener added for quicker foam and rinse time.
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SUPPORTING INDEPENDENT & SPECIALTY PET STORES
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