NYSE:CHWYSpecialty Retail
Chewy Expands Into Veterinary Services With Modern Animal Acquisition
Chewy (NYSE:CHWY) is acquiring veterinary clinic operator Modern Animal, expanding beyond its core online pet retail model.
The deal adds a physical clinic network to Chewy's portfolio, supporting its push into higher margin veterinary services and pet healthcare.
This move connects Chewy's retail platform with in person care and deepens its service offerings beyond earlier efforts in private-label products.
Chewy is making this shift while its stock trades at $23.67, with a return of...