E-Commerce Giant Chewy Is Opening Physical Spaces -- but They're Not What You Might Expect

With over $11 billion in fiscal 2023 net sales, Chewy (CHWY 4.40%) is an e-commerce giant serving the pet industry. The company has amassed over 20 million active customers by offering fast shipping, focusing on customer service, and selling a wide range of products and services.Chewy isn't a subscription service, per se, but it does provide an automated way to place repeat orders. This option is extremely popular. In the fourth quarter of its fiscal 2023, more than three-quarters of its net sales came from ...