📖 Who Owns Pets.com Now? PetSmart and the Sock Puppet
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Who Owns Pets.com Now? PetSmart and the Sock Puppet

Pets.com no longer exists as a company: it stopped taking orders in November 2000 and finished its liquidation as IPET Holdings on January 18, 2001. PetSmart bought the Pets.com domain and trademarks in December 2000, and the address still redirects to petsmart.com in 2026. The sock puppet mascot was sold separately and one of them now sits in The Henry Ford's collection.

The New York Stock Exchange building on Wall Street in Lower Manhattan
The New York Stock Exchange in Lower Manhattan. Pets.com itself never traded here: its shares listed on Nasdaq as IPET from February 2000 until they were delisted in January 2001. Image: Wikimedia Commons

Is pets.com still a working website in 2026?

The address works, but it is not a store. Type pets.com into a browser in 2026 and the request lands on petsmart.com, because PetSmart has owned the name for a quarter of a century.

PetSmart bought the Pets.com domain, the trademarks and subsidiaries including Flying Fish Express in December 2000, weeks after the web store shut, as Computerworld reported at the time. The sock puppet, the customer list and the warehouse equipment were not part of that deal and were sold off separately.

The company behind the site is gone in the legal sense too. Pets.com renamed itself IPET Holdings on January 16, 2001, and the liquidation was complete on January 18, 2001. Nothing of the business survived except the name on a redirect and a mascot that ended up in other people's advertising.

Why did Pets.com lose money on every bag of dog food?

The merchandise was under water before any other cost. The IPO prospectus filed with the SEC in February 2000 reports net sales of $5,787,000 for 1999 against a net loss of $61,778,000, with gross margin negative through the year. The company was paying more for the products than its customers paid for them.

The category made that hard to fix. Dog food, cat litter and birdseed are heavy, cheap per pound, and predictable enough that shoppers already bought them on a schedule at a store two miles away. Pets.com had to warehouse the pallets, discount the goods to pull people online, then pay a carrier to haul 40-pound bags across the country.

Every extra order deepened the hole rather than closing it. The same physics broke Webvan and its grocery delivery network and Kozmo's one-hour courier model inside the same 18 months.

Where did the Pets.com advertising money go?

The Super Bowl spot is the part people remember and the part hardest to pin down. Pets.com ran its first national commercial during Super Bowl XXXIV in January 2000, at a price reported ever since as $1.2 million for 30 seconds. The company's own filings never broke out the cost of that single slot, so the figure traces to contemporary press coverage rather than to the books.

The quarterly numbers show the scale better than the one spot does. Pets.com reported net sales of $8.8 million for the second quarter of 2000, up from $7.7 million in the first quarter, in its Form 10-Q. Against that, it spent roughly $17 million on advertising in the same quarter, a MarketWatch figure that Tedium cited in its 2017 account of the collapse.

So the advertising ran at about twice revenue in the company's first full quarter as a public business. Boo.com burned its funding on the same theory, that attention bought early would pay for itself later.

Who made the Pets.com mascot, and where is the puppet now?

The mascot was a dog with a microphone, created by the agency TBWA Worldwide and voiced by the comedian Michael Ian Black, according to The Henry Ford, which holds one of the toy versions. The museum's record notes it turned up on talk shows, in commercials and as a float in the Macy's Thanksgiving Day Parade, and it calls Pets.com "one of the most public victims" of the dot-com bubble burst.

Not everyone agreed on who thought of it. A 2000 Form 10-Q discloses that Pets.com sued Robert Smigel, the creator of Triumph the Insult Comic Dog, seeking a declaration that it infringed nothing, after Smigel claimed the company "stole the idea for our Sock Puppet from him."

The puppet outlasted its owner. The rights sold out of the liquidation for $125,000, a price Mental Floss attributes to the car lender BarNone while MediaPost reports Hakan Enterprises buying them in 2001, and by 2002 the dog was back on television selling car loans under the line "Everyone Deserves A Second Chance." The Henry Ford's example, a hand puppet made by Fun-4-All Corp. and catalogued as object 2017.101.1, is not on exhibit to the public.

Where to find one today: the plush version sold during the campaign still circulates among collectors, usually between $15 and $35 depending on condition and whether the box survived, through Etsy seller listings for the Pets.com sock puppet.

How fast did the collapse happen after the IPO?

Pets.com sold 7,500,000 shares at $11.00 on February 11, 2000, split between 6,000,000 shares in the United States and Canada and 1,500,000 abroad. That raised $82,500,000 gross, leaving $76,725,000 for the company before expenses after a $5,775,000 underwriting discount. Amazon was the largest stockholder, projected at about 30 percent after the offering in the filings, and listed at 24.5 percent of the common stock in a later proxy statement.

Nine months later the board gave up. It adopted a Plan of Complete Liquidation and Dissolution on November 4, 2000, the company announced the wind-down on November 7 and laid off 255 of its 320 employees, and the store stopped taking orders on November 9, 2000. The stock, issued at $11.00, was trading around 20 cents that week, with contemporary accounts differing on the exact close.

There had been an attempt to sell. Merrill Lynch contacted more than 50 domestic and international prospects on the company's behalf over the summer, and fewer than eight were willing to meet in person, by the company's own account at the time.

What replaced Pets.com in online pet retail?

Chewy did, and the numbers show how far the model has come. Chewy reported net sales of $12.60 billion for fiscal 2025 and 21.3 million active customers on March 25, 2026. "We exited 2025 from a position of real strength," chief executive Sumit Singh said in that announcement, citing record free cash flow of $562 million.

The ownership runs through the same company that holds the old domain. PetSmart bought Chewy in 2017 for $3.35 billion, then took it public in June 2019 at $22 a share, and Chewy now trades on the New York Stock Exchange on its own.

What changed is the plumbing rather than the idea. Cloud infrastructure replaced the server farms Pets.com had to build, parcel rates and regional warehouses made heavy goods shippable, and automatic reordering turned a one-time discount buyer into a subscription. Amazon survived the same crash by having the cash to wait for those things to arrive. Pets.com did not.

Frequently Asked Questions

How much did the Pets.com Super Bowl ad cost?

Pets.com ran its sock puppet commercial during Super Bowl XXXIV in January 2000, at a cost reported as $1.2 million for 30 seconds. The company never disclosed the price of that slot in its SEC filings, so the figure comes from press coverage of the game. Its advertising spending ran near $17 million in the second quarter of 2000 alone, against $8.8 million of net sales.

Who voiced the Pets.com sock puppet?

The Pets.com sock puppet was created by the agency TBWA Worldwide and voiced by the comedian Michael Ian Black, who kept voicing it when the car lender BarNone revived the character for its own commercials in 2002. The Henry Ford holds a Fun-4-All Corp. toy version of the Pets.com puppet as object 2017.101.1, dated 1999 to 2000 and not on exhibit.

Does Pets.com still exist in 2026?

Pets.com stopped taking orders on November 9, 2000, and finished liquidating as IPET Holdings on January 18, 2001, so the company no longer exists. The web address still works because PetSmart bought the domain and trademarks in December 2000, and pets.com redirects to petsmart.com in 2026.

Sources

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