Is Drs. Foster and Smith Going Out of Business – Real or Rumors
Is Drs. Foster and Smith Going Out of Business?
Yes, Drs. Foster and Smith is no longer in business. The company, once a prominent online retailer of pet supplies, ceased operations in early 2019. This article will clarify the timeline of events, discuss the reasons for the closure, and highlight the brand’s legacy.
Is Drs. Foster and Smith Going Out of Business? Where Did the Rumor Come From?
The closure of Drs. Foster and Smith was officially announced by Petco, which acquired the company in 2015. In February 2019, Petco announced the permanent closure of all Drs. Foster and Smith operations, except for its LiveAquaria business, leading to speculation and concern among customers.
Is Drs. Foster and Smith Facing Financial Troubles?
The decision to close was part of Petco’s strategy to streamline operations and focus on its core business. This included a shift away from the Drs. Foster and Smith brand due to changes in the pet supply market and consumer preferences. The closure affected 289 employees, who were informed that their employment would end over the next 60 to 120 days.
Have Drs. Foster and Smith Products or Partnerships Been Affected?
With the closure of Drs. Foster and Smith, customers were left without access to its extensive range of pet supplies. However, Petco continues to operate its other businesses, including the LiveAquaria brand, which specializes in aquatic pets and supplies.
What is Drs. Foster and Smith?
Drs. Foster and Smith was founded in 1983 by veterinarians Dr. John Foster and Dr. Scott Smith. The company became known for its high-quality pet products and veterinary advice, becoming a trusted resource for pet owners over the years.
Who Owned Drs. Foster and Smith?
In 2015, Drs. Foster and Smith was acquired by Petco, a leading pet specialty retailer. After the acquisition, Petco integrated Drs. Foster and Smith into its operations, ultimately leading to its closure.
How Have Recent Changes Affected Drs. Foster and Smith Customers?
The closure of Drs. Foster and Smith left many customers seeking alternatives for their pet supply needs. Petco continues to offer a wide range of pet products, but the unique offerings and veterinary advice that Drs. Foster and Smith provided are no longer available.
Final Words
Drs. Foster and Smith is no longer in business, having officially ceased operations in 2019. The brand, known for its quality pet supplies and veterinary expertise, is missed by many loyal customers.
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