A beloved pet supplies chain is set to close several stores, including at least one in Michigan.
According to Fast Company , a business publication focusing on technology, business, and design, Petco is expected to close 25 locations in 2025, the same number of stores it closed in 2024.
That includes a store in Roseville at 32074 Gratiot Avenue.
In an earnings release last month , the company said net sales have declined 2.3% to $1.5 billion for the second quarter while comparable sales fell 1.4%.
“For the second quarter we once again delivered against our commitments, enabling us to raise our earnings outlook for the full year. The first half of this year established a solid foundation for our transformation as we continued to strengthen our economic model and improve retail operat