B

Best Friends

Retail and online pet care products

Overview

Best Friends Pets operates in the pet care and pet supplies market in Australia, offering a range of products for dog and cat owners. Its lineup includes premium pet food, flea and tick treatments, grooming supplies, and pet accessories. The company sells through both physical retail locations and an online platform, providing convenience and broad reach for customers. Revenue comes from retail sales of pet care products and supplies, with partnerships with reputable brands and exclusive deals helping to stand out. Unlike purely online retailers or single-brand shops, Best Friends Pets blends in-store shopping with e-commerce and focuses on high-quality, well-known brands to attract pet owners. The company’s goal is to make it easy for customers to access high-quality pet care products in the Australian market and maintain a competitive edge through product quality, convenience, and strategic partnerships.

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About Best Friends

Simplify's Rating
Why Best Friends is rated
D-
Rated D- on Competitive Edge
Rated D- on Growth Potential
Rated D- on Differentiation

Industries

Consumer SoftwareConsumer Goods

Company Size

N/A

Company Stage

N/A

Total Funding

N/A

Headquarters

Los Angeles, CA

Founded

N/A

Simplify Jobs

Simplify's take

What believers are saying

  • PetO acquired 41 divestment stores on July 1, 2024, instantly expanding nationally.
  • PetO reported 58 stores nationally by October 2026, creating broader buying power.
  • PetO still keeps local teams, OurVet, grooming, and loyalty credits, preserving customer relationships.

What critics are saying

  • Best Friends Pets is gone; PetO replaced it by September 2026, erasing brand equity.
  • PetO's online ordering was still coming soon in October 2026, pressuring omnichannel growth.
  • ACCC divestiture history signals fragile scale; future regulatory scrutiny can constrain acquisitions.

What makes Best Friends unique

  • Best Friends Pets built omnichannel specialty retail with 26 stores and 25 OurVet clinics.
  • The brand held premium pet retail depth, grooming, vet services, and 25,000-product breadth.
  • Australian competition scrutiny forced divestiture, proving Best Friends once mattered enough to reshape Petstock.

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Benefits

  • Relocation Assistance

Company News

The Growth Fund
Jul 24th, 2024
Best Friends - The Growth Fund

The Growth Fund acquired a substantial shareholding in July 2012 Best Friends Pets is a big box retailer of pet products and services located in Vic, Qld and NSW Focus is on rolling out additional stores The Best Friends Journey The Growth Fund identified the pet industry as an attractive sector which had traded resiliently through... Read more »

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