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03-20-2009, 03:27 PM
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#1 | | The RS Anchorman
Join Date: May 2003 Location: Comics
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| Petcetera files for bankruptcy protection
Petcetera, the Richmond-based pet food superstore, has filed for bankruptcy protection — and launched a massive two-month, cross-Canada sale to dump merchandise and raise money for restructuring.
In a company press release issued Friday, Vancouver-born CEO Dan Urbani says that “in light of the recession’s impact on the Canadian retail industry, we have to take drastic measures in the short term to ensure that Petcetera continues to be viable long after the downturn is over.”
Contacted by The Province, company spokeswoman Julie Belanger said the company would issue no information beyond the release and could offer access to no company officials.
The release says that as part of its restructuring, the company “will review all of its business, including store numbers and locations.”
“The extent of the restructuring will depend directly on the success of the inventory liquidation sale,” it adds.
The 60-day sale begins March 21 and will offer price cuts of up to 70 per cent, the release says.
The Canadian-owned firm opened in 1997. The release says it operates 49 stores, 11 of them in the Lower Mainland, and employs 1,600 people.
The company website says that in March 2004, Urbani announced plans “to double the company store count with a further $40 million to open a total store count of 52 by 2009.” On the same site, still in operation Friday, Urbani predicts “promising growth opportunities for employees” and expansion of the team to “almost 2,000 by year 2010.”
© Copyright (c) The Province
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03-20-2009, 03:36 PM
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#2 | | Banned (ABWS)
Join Date: Apr 2008 Location: vancouver
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Omfg, are they dumping tropical fish?!
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03-20-2009, 04:00 PM
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#3 | | RS Operative (G)
Join Date: Oct 2007 Location: GYM
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ouch
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03-20-2009, 04:42 PM
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#4 | | OWNER/C.F.O./MONEYMAN
Join Date: Mar 2001 Location: Vancouver
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sigh, with their prices, its hard to stay competitive nowadays.
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03-20-2009, 04:56 PM
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#5 | | Rs has made me the man i am today!
Join Date: Dec 2003 Location: VANcity East
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Could be that their new competitor "Pet Smart" is killing them.
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03-20-2009, 05:34 PM
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#6 | | Where's my RS Christmas Lobster?!
Join Date: Aug 2008 Location: Richmond
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Petcetera is Richmond based?!
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03-20-2009, 06:21 PM
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#7 | | Banned By Establishment
Join Date: Mar 2002 Location: 604
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might have to check it out
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03-20-2009, 07:54 PM
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#8 | | Banned By Establishment
Join Date: Aug 2005 Location: Burnaby
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Petcetera is for sure Richmond based, I remember reading about that when they came out. With prices that high, and their stupid staff. It's kinda retarded.
I was surprised when i went to pho hoa near the coquitlam one, and saw it was gone.
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03-20-2009, 09:34 PM
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#9 | | ESKETIT
Join Date: Feb 2004 Location: EASTVAN
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petcetera = ripoff
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03-20-2009, 09:37 PM
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#10 | | RS.net, helping ugly ppl have sex since 2001
Join Date: Sep 2008 Location: Vancouver
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time to buy puppies =D
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03-20-2009, 09:40 PM
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#11 | | I don't get it
Join Date: Dec 2006 Location: victoria
Posts: 437
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i agree with everyone they are very expensive, only time i get pets there is when they have buy 1 get 1 fish 
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03-20-2009, 10:33 PM
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#12 | | Willing to sell body for a few minutes on RS
Join Date: Sep 2002 Location: vancouver
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So anyone plan to go there tomorrow?
Are they having cuts on all their store?
Time to go buy stuff.
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03-20-2009, 10:37 PM
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#13 | | I'm invisible
Join Date: Jun 2002 Location: 604 Vancouver
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They were an "ok" hit, when they initially started out I think. Now all the different stores have no or barely any customers in there. Now with Petsmart opened up on Granville hwy and on Marine Way in Burnaby, I would rather make the drive out there instead of going to Petcetera
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03-20-2009, 10:43 PM
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#14 | | retired
Join Date: Nov 2003 Location: Richmond
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I'm seriously not surprised about this.
From day 1, I found their customer service non-existent.
They always have only 1 cashier working when there are about 8-10 people waiting in line.
They never stock up on Nutro dog foods. (even the Nutro rep who is there sometimes told me she's already voiced her complaint)
I much prefer the smaller places like Tisol/Bosley's. Much friendlier people and much better service/knowledge.
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03-21-2009, 03:22 PM
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#15 | | What hasn't Killed me, has made me more tolerant of RS!
Join Date: Jun 2005 Location: Vancouver
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| Quote:
Originally Posted by Vansterdam  petcetera = ripoff | QFT
-KC
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03-21-2009, 05:02 PM
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#16 | | Rs has made me the man i am today!
Join Date: Jul 2002 Location: Vancouver
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petcetera is so expensive, even for their own brand of stuff
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03-21-2009, 05:22 PM
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#17 | | RS Operative (G)
Join Date: Oct 2007 Location: GYM
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| Quote:
Originally Posted by _TiDy_ petcetera is so expensive, even for their own brand of stuff | werd, that is why i make my own dog food
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03-21-2009, 09:01 PM
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#18 | | The RS Freebie guru
Join Date: Jul 2001 Location: East Vancouver
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Dropped by there today... and mainly it's just 15% off everything... and at their inflated prices, it means there isn't anything particularly cheap.
One area that is cheap is the doggy clothing... 50% off.
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03-23-2009, 08:24 AM
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#19 | | Willing to sell a family member for a few minutes on RS
Join Date: Feb 2005 Location: Surrey
Posts: 12,758
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rip off
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03-23-2009, 08:42 AM
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#20 | | Hypa owned my ass at least once
Join Date: Mar 2002 Location: Japan
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| Quote:
Originally Posted by halogodv2 werd, that is why i make my own dog food | I'm gonna keep this in mind when the media reports a spike in missing persons.
I'm calling Rorschach.  | |
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03-23-2009, 10:04 AM
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#21 | | My homepage has been set to RS
Join Date: Oct 2005 Location: Vancouver
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lol interesting... i guess ill drop by later to see whats up :O
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03-23-2009, 10:47 AM
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#22 | | I Will not Admit my Addiction to RS
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| Quote:
Originally Posted by MelonBoy lol interesting... i guess ill drop by later to see whats up :O | 15% off their overpriced food
50% off their overpriced dog clothes
Complete waste of time.
I went there and got some of the Hill's Science Diet treats for my dog. $5.95 + 15% off. I went next door to Pet Smart and they were selling the same thing for $4.99.
Make sure you check the EXPIRATION DATE because the Hill's treats that I was looknig to get at Petcetera are only good until this month. I saw some that were expired from LAST MONTH.
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03-23-2009, 10:55 AM
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#23 | | 【=◈︿◈=】
Join Date: Aug 2006 Location: Ricemond
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| Quote:
Originally Posted by Eros250 i agree with everyone they are very expensive, only time i get pets there is when they have buy 1 get 1 fish | The fish always seem like they're about 5 minutes away from dying =\
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03-23-2009, 10:57 AM
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#24 | | Willing to sell a family member for a few minutes on RS
Join Date: Feb 2005 Location: Surrey
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Pet Smart > Petcetera
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03-23-2009, 11:43 AM
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#25 | | RS controls my life!
Join Date: Feb 2008 Location: Vancouver
Posts: 735
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Went to the Petcetera on 3 road on Saturday, its 70% off Christmas stuff, 50% off bird cages, 20% off regular merchandise. I only grabbed some salt for my aquarium. I was looking at the water conditioners and there were rat droppings on the lids 
Walked a block down to PJ's Pets and their stuff was cheaper even with the Petcetera 20% off.
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