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Around the identical time, it additionally purchased and renamed a pet-store chain in the 8 UK Rabbit, however the over-priced buy was a failure financially and operationally, and PETsMART sold the UK chain at a considerable loss to rival UK pet-retailer Pets at Home, in late 1999. The failed UK growth introduced a loss in profitability and a low level for PETsMART stock in 2000. The company's third CEO, Phil Francis, re-tooled the company by emphasizing worker training and customer support, ov...
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