Amazon poses a major threat to PetSmart-owned Chewy in the online pet-food space, according to a report by Wedbush Securities. Amazon’s size and large balance sheet have enabled it to offer steeper discounts on first-time orders, Wedbush found by studying 80 pet food products offered by both companies. Chewy went public earlier this year, raising […]
Fresh off its IPO, Chewy might be the next company to get crushed by Amazon (CHWY, AMZN)
Amazon poses a major threat to PetSmart-owned Chewy in the online pet-food space, according to a report by Wedbush Securities. Amazon’s size and large balance sheet have enabled it to offer steeper discounts on first-time orders, Wedbush found by studying 80 pet food products offered by both companies. Chewy went public earlier this year, raising […]