PETM - Petsmart Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : PETM - Petsmart

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: lorrie coey who wrote (418)	8/26/1997 11:24:00 AM
From: Tom Klempay	of 1508

First 15 minutes, Sam Parker (CEO) is doing all of the talking. Points made so far: - 440 stores worldwide (364 US, 64 UK) - PETM wants to return to a "Back to Basics" strategy - doesn't believe anything is fundamentally wrong and the PETM concept remains strong - doesn't want to dwell on recent past (mentioned several times) - going to a "Lowest Price, Any Time" strategy; felt customers got confused by changing prices - Discovery centers will be gone by the all-important 4th quarter - expanding reptiles and bird areas of stores Susan Schnabel (CFO) is going through the numbers now. Of the 9 stores being closed, only 2 were of the PETM store prototypes. The other seven were through acquisitions and not totally changed over. -tk

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next