Headlines

Pets.com put to sleep

More than 250 jobs lost

Published

23 years ago

November 13, 2000

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Pet owners must like drive, concludes analysts in the wake of Pets.com demise. The online pet supply merchant (and reportedly the first publicly traded e-company to completely shut down) pulled the plug on Wednesday.

Pets.com says it was unable to find either a buyer or a financial backer to salvage the operation and plans to sell off its inventory, distribution equipment and lay off 255 employees.

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