Petco pops up at Lowe’s

Driving the news: Lowe’s and Petco are partnering on a store-in-store concept, the companies announced Thursday.

• Starting next month, 15 Lowe’s stores in Texas, North Carolina and South Carolina will open Petco shops inside their locations as part of a pilot program.
• Lowe’s will sell more than 700 Petco products, as well as offer veterinary and grooming services. 

Be smart: More people spending more time at home has meant more money being spent on DIY projects and an explosion in pet adoption.

What to watch: Whether millennials, a target audience for the concept, will love it.

• “They’re a high-spend customer and they really take care of their pet like their family,” Petco Chief Merchandising Officer Nick Konat said, per CNBC.