Who Owns Pet Supplies Plus?
Pet Supplies Plus is an American pet specialty retail chain founded in 1988 and headquartered in Livonia, Michigan. It operates roughly 720 stores, about two-thirds franchised, generating system-wide sales of approximately $1.9 billion. The brand has been independent since December 2025, when it separated from the bankrupt Franchise Group under a securitization financing structure.
Who Owns Pet Supplies Plus?
- Parent Company: Pet Supplies Plus
- Ownership Type: Brand division
- Company Type: Privately Held
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Pet Supplies Plus | Pet Supplies Plus | Brand division |
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History of Pet Supplies Plus
- Founded: 1988
- Founders: Harry Shallop, Jack Berry
Harry Shallop and Jack Berry opened the first Pet Supplies Plus in Redford, Michigan, in 1988. Shallop brought grocery industry experience to a concept built around the neighborhood supermarket model: smaller, cleaner stores for weekly pet food shopping rather than the warehouse scale of PetSmart. Franchising began in 1991 and drove expansion across the Midwest and beyond.
By the mid-2010s the chain exceeded 300 stores and attracted private equity buyers. Sentinel Capital Partners acquired the company in 2018 when it had 448 stores, and grew it to 537 stores across 36 states during its ownership.
In March 2021 Sentinel sold the chain to Franchise Group for $700 million. Under Franchise Group it passed 600 stores and in 2022 acquired Wag 'N Wash, a grooming and self-wash concept. The parent then unraveled: a 2023 management-led take-private valued at $2.6 billion was followed by a 2024 Chapter 11 bankruptcy, a 2025 restructuring under the Fusion Parent umbrella, and finally the December 2025 separation that made Pet Supplies Plus and Wag 'N Wash an independent, securitization-financed company.
Through the ownership turbulence the network kept growing, reaching approximately 720 stores by 2026 with system-wide sales around $1.9 billion.
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About Pet Supplies Plus
Is Pet Supplies Plus a subsidiary of another company?
Pet Supplies Plus operates as an independent private company under PSP Franchise Operations SPV, LLC. It was owned by Franchise Group from 2021 to 2025, but separated in December 2025 into a standalone entity financed through securitization. It has no corporate parent in the conventional sense.
Is Pet Supplies Plus publicly traded?
No. Pet Supplies Plus is privately held and its shares are not listed on any exchange. Its franchise operations run through a securitized private structure established when it separated from Franchise Group in December 2025.
When was Pet Supplies Plus founded?
Pet Supplies Plus was founded in 1988 by Harry Shallop and Jack Berry in Redford, Michigan, as a neighborhood pet supermarket. It began franchising in 1991 and expanded to more than 700 stores across the United States.
Who founded Pet Supplies Plus?
Harry Shallop and Jack Berry founded the company in Michigan. Shallop's grocery industry experience shaped the supermarket-style format: smaller, cleaner stores for routine pet food shopping rather than warehouse-scale destination trips.
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What is Pet Supplies Plus' market position?
Pet Supplies Plus is the third-largest pet specialty retailer in the United States by store count, behind PetSmart and Petco, and the largest franchise-led player in the category. It operates about 720 stores with system-wide sales near $1.9 billion, ranked 51st on the 2026 Franchise Times Top 400.
Who owns Pet Supplies Plus now?
Since December 2025, Pet Supplies Plus has operated as an independent company financed through a securitization structure, after separating from the bankrupt Franchise Group alongside sister brand Wag 'N Wash. Before Franchise Group's 2021 purchase for $700 million, it was owned by Sentinel Capital Partners.
- Founded: 1988
- Headquarters: Livonia, Michigan, USA
- Company Type: Privately Held
- Revenue: Approximately $1.9 billion system-wide sales (franchise network)
- Employees: Not publicly disclosed
Where Is Pet Supplies Plus Made / Based?
- Headquarters: Livonia, Michigan, USA
- Manufacturing / Operations: United States
Pet Supplies Plus Categories & Tags
Pet Supplies Plus Ownership: Pros & Cons
Advantages
- +Franchise model enables expansion funded by franchisee capital rather than corporate debt
- +Neighborhood format is insulated from direct superstore and online competition
- +Integrated distribution captures wholesale margin while supporting franchisee economics
- +Independence from Franchise Group ends a period of ownership instability
- +Recurring royalty and supply-chain revenue is resilient through retail cycles
Considerations
- -Securitization financing places fixed debt obligations on franchise cash flows
- -Roughly two-thirds of the network is outside direct corporate control
- -Online share shift to Chewy and Amazon pressures all physical pet retail
- -Multiple ownership changes in five years have tested franchisee confidence
- -Private structure means limited public financial disclosure for franchisees evaluating the brand
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Frequently Asked Questions About Pet Supplies Plus
Sources & Further Reading
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Competitors to Pet Supplies Plus
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Pet Valu | Canada | 1976 | Mass market | Regional | All-ages | |
| Petco | USA | 1965 | Mass market | Global | All-ages | |
| Petsmart | USA | 1986 | Mass market | United states | All-ages | |
| Tractor Supply | USA | 2005 | Mass market | United states | All Genders | |
| Seven And I Holdings | Japan (corporate) | 1927 | Mass market | Global | All-ages | |
| Alimentation Couche Tard | Canada (parent) | 1951 | Mass market | Global | All Genders |
Learn More About Competitors
Retail EcommercePet Valu
Owned by Pet Valu Holdings Ltd.
Canada's leading specialty pet retail chain with more than 880 stores nationwide, publicly traded on the TSX under ticker PET through Pet Valu Holdings Ltd.
pet-suppliespet-foodretail
Retail EcommercePetco
Owned by Petco Health and Wellness Company, Inc.
American pet specialty retailer offering pet supplies, food, services, and veterinary care through retail stores and e-commerce, focusing on pet health and wellness.
pet-suppliespet-foodretail
Retail EcommercePetSmart
Owned by PetSmart LLC
Largest pet specialty retail chain in North America, operating more than 1,600 stores with grooming, boarding, and veterinary services, owned by a BC Partners-led consortium.
pet-suppliespet-foodretail
Retail EcommercePetsense by Tractor Supply
Owned by Tractor Supply Company
Small-box pet specialty retail chain owned by Tractor Supply Company, operating approximately 207 stores focused on small and mid-sized communities.
pet-suppliespet-foodretail
Retail Ecommerce7-Eleven
Owned by Seven & i Holdings
Global leader in convenience retail with over 84,000 stores across 19 countries, offering a diverse range of food, beverages, and everyday essentials with a focus on 24/7 accessibility and neighborhood convenience.
convenience-storeretailfranchise
Retail EcommerceCircle K
Owned by Alimentation Couche-Tard Inc.
Global convenience store and fuel retail chain operating approximately 17,000 stores across 29 countries, owned by Alimentation Couche-Tard of Laval, Quebec.
convenience-storeretailfuel
Competitive Analysis
Market Positioning: Pet Supplies Plus competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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Independent Alternatives to Pet Supplies Plus
Looking for brands with different ownership structures? These similar brands are not owned by Pet Supplies Plus, giving you alternative choices that support different corporate structures.
Retail EcommercePet Valu
Owned by Pet Valu Holdings Ltd.
Canada's leading specialty pet retail chain with more than 880 stores nationwide, publicly traded on the TSX under ticker PET through Pet Valu Holdings Ltd.
pet-suppliespet-foodretail
Publicly Traded
Pet Valu operates independently without a large parent corporation.
Retail EcommercePetco
Owned by Petco Health and Wellness Company, Inc.
American pet specialty retailer offering pet supplies, food, services, and veterinary care through retail stores and e-commerce, focusing on pet health and wellness.
pet-suppliespet-foodretail
Publicly Traded
Petco operates independently without a large parent corporation.
Retail EcommercePetSmart
Owned by PetSmart LLC
Largest pet specialty retail chain in North America, operating more than 1,600 stores with grooming, boarding, and veterinary services, owned by a BC Partners-led consortium.
pet-suppliespet-foodretail
Privately Owned
PetSmart operates independently without a large parent corporation.
Retail EcommercePetsense by Tractor Supply
Owned by Tractor Supply Company
Small-box pet specialty retail chain owned by Tractor Supply Company, operating approximately 207 stores focused on small and mid-sized communities.
pet-suppliespet-foodretail
Publicly Traded
Petsense by Tractor Supply is owned by Tractor Supply Company, a public company, a different structure than Pet Supplies Plus's parent.
Retail EcommerceTractor Supply
Owned by Tractor Supply Company
Largest rural lifestyle retail chain in the United States, with 2,395 farm and ranch supply stores across 49 states and exclusive brands including 4health and C.E. Schmidt.
farm-supplyrural-lifestyleretail
Publicly Traded
Tractor Supply operates independently without a large parent corporation.
Retail EcommerceAmazon
Owned by Amazon.com Inc.
American e-commerce marketplace launched in 1995 by Jeff Bezos. The flagship retail brand of Amazon.com Inc. and the largest online retailer in the United States.
ecommerceonline-marketplaceretail
Publicly Traded
Amazon operates independently without a large parent corporation.
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