While the provide from PetSmart was declined, some assets of Pets.com, together with its domains, logos and subsidiaries such as Flying Fish Express, were sold to PetSmart in December 2000. As of 2021, the Pets.com area redirects to PetSmart.com.
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These little guys need top quality food which you can also discover at our store. As Pets.com’s recognition started to grow, it attracted the attention of the creators of Triumph the Insult Comic Dog.
Pets.com inventory had fallen from its IPO worth of $11 per share in February 2000 to $0.19 the day of its liquidation announcement. At its peak, the company had 320 workers, of which 250 were employed within the warehouses throughout the United States.
Representatives from Robert Smigel sent letters, including a stop and desist demand, to Pets.com claiming that the puppet was based on Triumph. District Court in San Francisco in April 2000, demanding $20 million in damages for defamation and commerce libel. In September 2000, Pets.com opened a new customer support name center in Greenwood, Indiana and relocated the vast majority of its buyer work force to Indiana in order to minimize costs. They aggressively undertook actions to promote the corporate. PetSmart offered lower than the net cash value of the corporate, and Pets.com’s board turned down that provide. The company announced on November 7, 2000 that they might cease taking orders on November 9, 2000 at 11am PST and laid off 255 of their 320 staff. Pets.com had round 570,000 prospects earlier than its shutdown.