Petco opened its 100th in-store veterinary hospital, located in Encinitas, Calif.—a milestone in the big-box pet specialty chain's rapid expansion of its veterinary service offerings. The company has more than doubled the number of full-service vet hospitals located in its stores over the past year and expects to increase that momentum through the end of FY20.
"Petco has doubled down on our full-service veterinary care expansion plans over the past year, and we're thrilled to be opening our 100th in-store veterinary hospital in Encinitas—a location that neighbors our corporate offices in San Diego," said Mike Nuzzo, chief financial officer/chief operating officer at Petco. "We're especially proud to continue expansion during this time, as vet care is in higher demand than ever. The pandemic has caused a spike in adoption and fostering rates, and pet ownership is projected to increase by roughly four percent this year. This has caused an influx of new pet parents all prioritizing accessible and affordable health as well as wellness partnership and solutions, which we're pleased to offer."
The Encinitas in-store hospital was opened in cooperation with Petco's regional veterinary partner THRIVE Affordable Vet Care. The chain's other regional veterinary partners include Global Veterinary Partners (GVP), VetnCare and Vetco Total Care. Through these partnerships, Petco offers its customers preventive care, vaccination clinics, full-service hospitals, telehealth, pharmacy services, pet insurance and membership programs.
"We remain committed to driving positive change in the overall health and wellness of pets, and the growth of in-store veterinary hospitals at Petco helps us uphold this commitment," said Dr. Whitney Miller, director of veterinary medicine at Petco. "Our ultimate goal with rapid veterinary expansion is to provide more opportunities for pet parents to establish and maintain a lifelong relationship with their veterinarian. Continuously expanding our network and setting new growth goals keeps us on track to make this possible for pets and pet parents on a broad scale."