Has anyone researched Chewy's (CHWY) new program CarePlus?
What are your thoughts on it?
I think it's going to be extremely succesful and the question will just be in how profitable it is for them and how well they can advertise it for coverage. I think interest and demand is definitely there for this, especially with such a company like this behind it.
In fact, I think we'll see a significant (positive) impact of this new program on earnings within two quarters.
Share thoughts, feel free to discuss Chewy or the entire pet category/business as a whole. I am invested, but looking for more feedback.
“PetSmart's Chewy has launched a suite of insurance and wellness plans for pets, dubbed CarePlus, in 31 states. Chewy plans to roll out the offerings nationwide by late 2022”
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