Here is the synopsis of our sample research paper on PetSmart Finance. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
An 8 page paper discussing the financial status of PetSmart. PetSmart is unlikely to be the next Wal-Mart in terms of total sales, but current results indicate it is well received and well used by pet owners. Enhanced services in stores and increasing online sales will help to improve costs, and thereby improve cash flow. Bibliography lists 6 sources.
Page Count:
8 pages (~225 words per page)
File: CC6_KSfinPetSmt.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
PetSmart is the leading pet superstore chain in the country. It is based in Phoenix and as of January 2007 operated 908 retail stores, primarily in the US but
also in Canada (Company Profile, 2007). PetSmart offers a full line of pet products. It sells fish and small birds, but it does not sell dogs or cats.
It carries a full range of products for these pets, but is supports animal charities and encourages customers to adopt pets from local animal shelters and rescue organizations.
Every store holds several adoption events each year. PetSmart also offers a range of other services, including Banfield veterinary services, pet grooming, training
classes and even a PetsHotelTM in some stores, a developing day care and boarding service for dogs and cats. The company also sells its products through its website.
PetSmart operates in the specialty sector of the retail industry, and so its formal competitors include retailers such as Staples, Home Depot and the
parent company of specialty eyewear. The purpose here is to examine the companys finances. The Industry Brady, Palmeri, Lehman, Megerian and Weintraub
(2007) report that Americans spend $41 billion a year on their pets, a figure expected to increase to $52 billion in two years. Much of this total necessarily is
attributable to food and veterinary care, but much of it also is not. Bob Vetere, president of the American Pet Products Manufacturers Assn. (APPMA), observes, "People are no longer
satisfied to reward their pet in pet terms ... They want to reward their pet in human terms" (Brady, et al., 2007; p. 44). What this means for products
...