These Brands Are Closing Down And We Are Not Ready For It

Pet Smart Inc.

Pet product chain PetSmart Inc. has more than 1,500 stores in the United States, Canada, and Puerto Rico. They can attribute their $8 million debt to the e-commerce market, and more customers migrate to sites like Amazon. PetSmart recently acquired an e-commerce platform, Chewy, but the high price tag of $3.35 billion just boosted its debt sky-rocket. Can you imagine that this is the biggest one a company has ever paid for an e-commerce site?

Pet Smart Inc