×

Once registered, you can:

  • - Read additional free articles each month
  • - Comment on articles and featured creative work
  • - Get our curated newsletters delivered to your inbox

By registering you agree to our privacy policy, terms & conditions and to receive occasional emails from Ad Age. You may unsubscribe at any time.

Are you a print subscriber? Activate your account.

BtoB

Kozmo to close

Published on .

Most Popular
New York-- Online delivery serviceKozmo Inc. said it will liquidate assets and fire 1,100 employees because it was unable to close a white-knight deal with PDQuick.com Inc., a Los Angeles-based company. The deal is significant to b-to-b marketers because Kozmo and others delivering consumer packaged goods from Internet orders were once considered the wave of the future. Now, investors are weary of putting their money behind such ventures, and traditional retail channels are still a manufacturers' best bet for marketing support.
In this article: