Petco Backgrounder

The 1st Petco store in La Mesa, Calif.

Our History

We’ve been a part of pet parents lives since 1965. Our story began when Walter Evans opened a mail-order veterinary supplies business called UPCO (United Pharmaceutical Company). His mission was to offer quality pet and veterinary supplies directly to the public at discount prices. UPCO’s early customers were ranchers, kennels, catteries and grooming shops. By 1979, UPCO became Petco–a move designed to better connect the brand with the changing needs of the pet supply business and consumers. In 1980, Evans opened the first official Petco store just outside of California in Tigard, Oregon. Today we are more than 1,200 stores strong and growing.

Petco Milestones

1965 – UPCO founded as mail-order veterinary supplies business in San Diego, California.

1979 – UPCO becomes Petco

1980 – First Petco store opens outside of California in Tigard, Oregon.

1988 - Petco’s dynamic growth as a major retailer starts when the company acquires two pet supply chains, WellPoint and the Pet Department, more than tripling the number of Petco stores from 40 to 130 and expanding the company’s footprint in Oregon and into Washington and Texas. Live fish are introduced in our Santa Monica, Calif. Store and other live animals quickly follow.

1991 - The company introduces Red Ruff and Blue Mews as its official logo mascots.

1992 - Petco’s first East Coast stores open in New Jersey; “Where the Pets Go” is officially introduced and becomes one of the most recognized retail brand taglines in the country.

1994 - Petco goes public as the largest pet specialty retail chain with 218 stores in 13 states and sales of more than $189 million; listed on NASDAQ under the trading symbol PETC.

1995 - Petco rolls out grooming services for customers in stores nationwide.

1997 - Petco launches Petco Animal Lovers Save – PALS – the pet industry’s first customer loyalty program.

1999 - The Petco Foundation is founded, formalizing Petco’s longstanding commitment to animal welfare.

2000 - Petco goes private in leveraged buyout by Leonard Green Partners and Texas Pacific Group.

2001 - Petco.com is launched, offering online customers and expansive selection of products and services.

2002 - Petco again becomes publicly traded, grows to more than 600 stores in 48 states.

2004 - The San Diego Padres open play in the beautiful new Petco Park major league ballpark in downtown San Diego. With a strong commitment to elevating animal cares standards across the industry, Petco introduces new store pet habitat designs and improved standards for animal suppliers. Petco is recognized for its animal care commitment and contributions to the pet industry with the APPA’s first Gold Standards Award. The company also adds dog training classes to all stores.

2005 - Petco celebrates its 40-year anniversary and opens its first store in Alaska, the company’s 49th state.

2006 - Petco grows to 800 stores in 49 states and more than 18,000 associates nationwide. The company is taken private again by private equity investment groups led by TPG.

2008 - The first Petco store opens in Hawaii expanding Petco’s “paw print” into all 50 United States.

2009 - The Petco Foundation celebrates its tenth anniversary, surpasses $50 million donated to animal welfare partners across the U.S. Petco introduces Unleashed by Petco, a small format store with a limited,  high-end assortment and friendly neighborhood feel. With the rollout of the Natural Shop and the largest assortment of natural foods, Petco solidifies its’ position as a leader in natural nutrition. Company store count tops 1,000.

2010 - Petco and the Petco FouPetco and the Petco Foundation partner to launch the first National Pet Food Bank, designed to help financially struggling families keep their pets. The company becomes a founding sponsor of HABRI, the Human Animal Bond Research Initiative, which fosters research on the benefits of having pets in people’s lives. Petco also introduces a new Vision: Healthier Pets. Happier People. Better World.ndation partner to launch the first National Pet Food Bank, designed to help financially struggling families keep their pets. The company becomes a founding sponsor of HABRI, the Human Animal Bond Research Initiative, which fosters research on the benefits of having pets in people’s lives. Petco also introduces a new Vision: Healthier Pets. Happier People. Better World.

2011 - The updated tagline, “Where the healthy pets go” is introduced and the company opens an additional corporate office in San Antonio (San Antonio Support Center) to work in concert with its National Support Center in San Diego. Petco also enters the dog daycare and boarding market by acquiring Pooch Hotels.

2012 - Petco opens its first store in Puerto Rico in December. Also this year, the Petco Foundation surpassed and celebrated $100 million raised for animals in need.

2013 - Petco introduces WholePets, a commitment to help pet parents care for pets’ physical, mental, social and emotional needs.

Today, Petco employs more than 24,000 associates and operates more than 1,200 Petco and Unleashed by Petco stores, 9 Pooch Hotels across the U.S., and Petco Mexico in concert with Grupo Gigante.

Petco Today