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| Pet Valu is going out of business. |
BLACK LIVES MATTER
PROTECT BLACK WOMEN!
END SARS NOW!
HER NAME IS BREONNA TAYLOR!
WEAR A DAMN MASK! SAVE A LIFE!
BLOGGER IS TRASH!
It appears that Donald J. Trump’s economy is not so great. The discount pet supply company Pet Valu is shutting down in the United States. The company announced in November that it will be closing all of its U.S. stores and some its Canadian stores.
Its American location in Pennsylvania announced that it will close all of its 358 locations and warehouses across the country. It began its liquidation sales and is in the process of being officially gone by January.
The pandemic fueled a pet boom across the U.S., as Americans looked for companionship during the long stays at home.
Pet Valu goes into the retail graveyard.
Again private equity destroyed companies. The Roark Capital Group owns the American stories and Markham owns Pet Valu Canada.
The Dayton area has several Pet Valu stores in the area. Some of them were once Jack’s Pets.
When Jack’s Pets was sold to Pet Valu it converted its Beavercreek headquarters to a regional hub for distribution.
The company cites the pandemic and sluggish sales as a reason to why its going out of business.
So I guess when the jobs report comes out, we’ll hear stories about jobs coming back. But that’s not the case. It’s basically a lie.
With 17 million infected with COVID-19, 320,000 Americans dead from it, the job market is really unstable right now. Some workers are being furloughed and losing hours due to restrictions by state governors.
Donald J. Trump ain’t doing shit about controlling this. He’s more focused on trying to win an election that he clearly lost.
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