SB360 Capital Partners will help Pet Valu, Inc. close all of its stores in the United States
Pennsylvaniabased in Pet Valu, Inc. offers thousands of products and top brands in all categories of pets. Every Pet Valu neighborhood store has essential and innovative pet supplies to suit every budget. During store close and stock breakout events, all merchandise, including the wide assortment of pet foods, treats, toys and accessories, are on sale. The stores have specially trained staff to help find the best nutrition and products for any pet.
“With more and more people welcoming pets into their families this year, sales at Pet Valu stores in the United States will deliver pet essentials at substantial savings,” said Ziggy Schaffer, executive vice president of SB360. “Parents of pets who shop at Pet Valu stores will find great pet products, great prices, and the friendly local service that makes these stores a destination.”
“As a team of passionate pet enthusiasts, we urge customers to shop early and stock up while supplies last, as we know from experience that many of their pet items preferred companions will leave quickly, “said Aaron Miller, executive vice president of SB360. “The combination of friendly service and quality products that Pet Valu stores in the United States are known for will inspire customers, old and new, to shop often and save on all of their pets’ needs. . ”
During the store closing sale, pet parents will still be able to visit our self-service dog laundromat or groomers in select stores. While we maintain social distancing for security reasons, appointments for these services are mandatory and can be made by calling your local store.
Pet Point Plus Rewards members will continue to earn points, bags and laundry products Saturday, November 21, 2020, and are encouraged to shop early when the selection is the best. Loyalty members with free bags earned should redeem their favorite products now while supplies last.
Buyers with exceptional gift cards and Pet Point Plus rewards are encouraged to redeem them through Sunday 13 December 2020because all of these gift cards and rewards must be redeemed by the last day of store closing sales.
Pet Valu continues to prioritize the safety of its associates and the communities they serve by closely monitoring all state and local guidelines. Safe shopping practices have been implemented in all stores and will continue to be modified and updated based on local conditions and guidelines.
Pet Valu, Inc. is licensing its name and contracts for certain services from Pet Valu Canada Inc., which is a separate company based in Markham, Ontario which is not impacted by this downward wind. Pet Valu Canada Inc. will continue to serve its customers through Canada through its some 600 stores, franchises and e-commerce site at www.petvalu.com/ca/, offering its usual assortment of thousands of pet products and supplies.
About SB360 Capital Partners LLC – SB360 Capital Partners (www.sb360.com), a subsidiary of Schottenstein, helps companies manage change, restructure assets and turn around declining profitability. SB360 makes equity investments to inject capital into growth opportunities, fund turnarounds and provide liquidity to changing companies. SB360 acquires assets of all types, including inventory, fixed assets, intellectual property, real estate and complete business units. The company’s asset disposal services range from guaranteed asset recovery to acting as a liquidation consultant. In addition, SB360 has entities engaged in real estate consultancy, commercial real estate investment and the operation of the SBC logistics asset recovery center in Columbus. A lending subsidiary, Second Avenue Capital Partners, provides asset-based loans to mid-market companies. SB360 executives have extensive business interests in national retail and wholesale operations; internationally recognized consumer brands; commercial, residential and industrial real estate; and financial services operations.
About Pet Valu, Inc. – Pet Valu, Inc. is an American pet food and supplies retailer with more than 350 stores in the Northeast and Midwestern United States. Pet Valu, Inc. offers more than 7,000 products, including a wide assortment of premium, super premium and holistic private labels scientifically developed by in-house nutritionists.
SOURCE SB360 Capital Partners LLC