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Pet Valu, a subsidiary of Pet Supermarket, Inc., announced that it will shut down operations at its Pennsylvania headquarters and close all of its 358 stores and warehouses across the US, according to various media reports. The Company said closing sales will start in the next few days.
Jamie Gould, the Company’s freshly appointed chief restructuring officer (CRO), revealed that the Company’s stores “have been significantly impacted by the protracted COVID-19-related restrictions.” “After a thorough review of all available alternatives, we made the difficult but necessary decision to commence this orderly wind down,” she added.
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