Petcetera Closing All 45 Stores

* Reuters is not responsible for the content in this press release.

Wed Jun 24, 2009 11:01am EDT

  WOODLAND HILLS, CA, Jun 24 (MARKET WIRE) -- 
Petcetera, LP, the leading Canadian owned and operated retailer of
premium pet foods and supplies in Canada, has commenced a
going-out-of-business sale in all of their locations.

    The Petcetera concept was founded in 1997 by founder, owner, President and
CEO Dan Urbani. The first store opened in Vancouver and today there are 45
of the trademark red, yellow and blue Urbani-designed Petcetera
superstores from BC to Newfoundland. Their history had been built off of
creating an enjoyable shopping experience for customers and their pets,
with a tagline of "for the love of your pet."

    With more than 10,000 pet products in 10,000 to 25,000 square feet of
retail space, Petcetera is a one-stop shopping experience providing the
largest selection of pet products with great customer service at everyday
value prices.

    The going-out-of-business sale will be conducted by Great American
Group(R). The sale starts June 24th and is expected to last up to 10
weeks, with some stores closing sooner.

    Steven Smith, Vice President, Financial Operations of Great American Group
commented, "It is disappointing to see Petcetera closing their stores, but
consumers and their pets will benefit from the exceptional values and
deepening discounts until all of the merchandise is sold."

    Great American Group(R) provides a full range of asset management,
disposition and financial services through three divisions: Retail
Liquidation, Auction, and Appraisals & Valuations, with offices in
Atlanta, Boston, Chicago, Los Angeles and New York. For more information,
please visit www.greatamerican.com.

    

Contact:
Laura Wayman
Vice President of Marketing
Email Contact
847.444.1400
www.greatamerican.com

Copyright 2009, Market Wire, All rights reserved.

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