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April 19, 2017 05:07 am GMT

A low-flying pet supplies company just sold to PetSmart in the biggest e-commerce sale ever

If you haven’t heard of Chewy, you aren’t alone. ButPetSmart, the retailgiant with more than 1,500 stores across the U.S.,has clearly been tracking the low-flying, five-year-old pet supplies company. According to Recode, it justagreed to purchase itsyoung rivalfor a stunning $3.35 billion, just slightly more than Walmartpaid for Jet.com last year. This editor only… Read More

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