Lowe’s and Petco Build Affinity with Pet Parents by Expanding Store-in-Store Concept to Nearly 300 Locations

With 90.5 million families – or 70% of U.S. households – now owning a pet*, this expansion demonstrates a commitment to providing growing numbers of pet owners with the resources and peace of mind that comes with knowing that caring for their pets is within reach. corner.

“Our initial pilot program with Petco resonated with our existing loyal shoppers and introduced Lowe’s to new customers,” said Bill Boltz, executive vice president of merchandising at Lowe’s. “Partnering with great brands that our customers know and trust, like Petco, allows Lowe’s to continue to expand and localize our assortment to ensure we have the right products in the right markets. By expanding our in-store presence, we are offering more tailored products and services to meet the unique needs of our customers in rural and remote areas, streamlining the shopping experience.

Lowe’s Petco stores will carry a range of products from nutrition and supplies to flea and tick solutions. Products include Petco’s private labels: EveryYay, Leaps & Bounds, So Phresh and WholeHearted; as well as national brands including: Advantage II Cat, BARK Toys, Blue Buffalo, ChuckIt, Frontline, K9 Advantix, Purina One and Seresto. Petco’s Vetco clinics, offering vaccinations, microchipping and preventative medications, will also be available once a month at 75 Lowe’s stores and will be led by a licensed veterinarian.

“The success and expansion of our Lowe’s + Petco store concept is proof of the important role pets play in our lives, and the deep desire of pet parents to give them the best possible life in return” , said Amy College, director of merchandising at Petco. “As Americans continue to improve their homes for the whole family – including their beloved pets – we are thrilled to bring Petco’s expertise in pet care, combined with our products. health and wellness and our veterinary services, to even more pet parents as we grow. hundreds of Lowe’s branches across the country.

The expansion of Petco stores is part of Lowe’s broader rural strategy to adapt its assortment in up to 300 stores to include everything needed for the farm and home. Expanded rural store assortments will include animal feed, pet and outdoor products such as troughs, an expanded selection of trailers, farm tools, livestock fencing, utility vehicles and specialty equipment – as well as the new Carhartt.® clothing in select stores and the expansion of Wrangler® clothes in all rural stores.

To learn more about Lowe’s expanded partnership with Petco, visit Lowes.com/Petco. For a list of Lowe’s Petco stores, visit Petco at Lowe’s stores (lowes.com). For more information on Lowe’s expanded farm and ranch offerings for rural customers, please read the press release.

*American Pet Products Association (APPA)

About Lowe’s
Lowe’s Companies, Inc. (NYSE: WEAK) is a FORTUNE® 50-rated home improvement company that processes approximately 17 million customer transactions per week in the United States. With total revenue for fiscal year 2022 of more than $97 billionapproximately $92 billion sales were generated in the United States, where Lowe’s operates more than 1,700 home improvement stores and employs approximately 300,000 associates. Situated at Mooresville, North Carolina, Lowe’s supports the communities it serves through programs focused on creating safe and affordable housing and helping to develop the next generation of skilled trades experts. For more information, visit Lowes.com.

About Petco, The Health + Wellness Co.
Founded in 1965, Petco is a category-defining health and wellness company focused on improving the lives of pets, pet parents and our own Petco Partners. We have consistently set new standards in pet care while providing comprehensive pet wellness products, services and solutions, and building communities that deepen the bond between parents and pets. company. We operate over 1,500 pet care centers in the United States, Mexico And Porto Rico, which offer merchandise, pets, grooming, training and a growing network of on-site veterinary hospitals and mobile veterinary clinics. Our comprehensive pet health and wellness ecosystem is accessible through our pet care centers and digitally on petco.com and on the Petco app. In tandem with Petco Love (formerly Petco Foundation), an independent, nonprofit organization, we work with and support thousands of local animal welfare groups across the country, and through in-store adoption events, we’ve helped find a home to nearly 7 million animals.

Caution Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding expectations, beliefs, plans, objectives, goals, strategies. , future events or performance and underlying assumptions and other statements other than statements of historical fact. Although Lowe’s and Petco believe that the expectations and assumptions reflected in these statements are reasonable, there can be no assurance that such expectations will prove to be correct. Forward-looking statements are subject to numerous risks and uncertainties, including the risk factors identified by Lowe’s and Petco in their respective filings with the Securities and Exchange Commission, and actual results may differ materially from those discussed in such forward-looking statements. Neither Lowe’s nor Petco undertakes to publicly update any forward-looking statement they may make, whether as a result of new information, future events or otherwise, except as required by law, regulation or other authority. competent legal authority so requires.

Contact:
larry costello
Lowe’s Companies, Inc.
(email protected)

Ventura Olvera
Petco Health + Wellness Company Inc.
(email protected)

SOURCE Lowe’s Companies, Inc.


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