Despite high-profile marketing alliances with bricks-and-mortar chain Starbucks and Internet stalwart Amazaon.com, Kozmo.com has become the latest e-tailer to stumble in the race for market share, laying off 24 employees and battling reports that i Despite high-profile marketing alliances with bricks-and-mortar chain Starbucks...
When kozmo.com opened its doors in 1997, offering free delivery of low-cost items like a video and a bag of chips in under an hour, city dwellers thought it was too good to be true. It was. The Manhattan-based service has burned through $290 millio...
* E-tailer Kozmo, which built its business on quick delivery of specialty and household items including rental and sell-through VHS and DVD, last week shut its operations and moved to liquidate its assets. The service operated in Atlanta; Boston; C * E-tailer Kozmo, which...
Paying $20 to deliver an $8 purchase is crazy, especially when delivery takes several days. That was the inspiration behind Kozmo.com. The Internet purveyor of food, videos, music CDs, electronics, and more offers free one-hour or same-day delivery Paying $20 to deliver an $8...
From the very beginning, supply chain management was to be a core competency of Kozmo. The promising dot-com would deliver your order--everything from the latest video to electronics equipment--in less than an hour. The technology was superior, the From the very beginning, supply chain...
Last March, Joseph Park got the kind of phone call most entrepreneurs only dream about. A hedge fund run by two former Goldman Sachs & Co. money managers had called to express interest in investing in Mr. Park's on-line video store, Kozmo.com ...
For the past four months, I've been doing my dirty laundry on the Internet. Every week or so, I punch in an order at MyLackey.com, a local Seattle site. A "laundry lackey" shows up at my door the next day and hauls off my clothes. Two days...
Kozmo.com, which offers delivery of video rentals, sales and food within an hour in major cities, cut 60 jobs, or 4% of its 1,500-strong staff. The cuts came from ... Kozmo.com, which offers delivery of video rentals, sales and food within an hour in...
NEW YORK-Amazon.com announced that it will offer its customers a one-hour delivery option for books, CDs and toys through a deal inked last week with Kozmo.com. NEW YORK-Amazon.com announced that it will offer its customers a one-hour delivery option for books, CDs and...
From the very beginning, supply chain management was to be a core competency of Kozmo. The promising dot-com would deliver ones order—everything from the latest video to electronics equipment—in less than an hour. The technology was superior, the employees were enthusiastic, the customers were satisfied. But eventually, Kozmo ran out...
Business-to-business infrastructure provider InPhonic reached an agreement with Kozmo.com to market Kozmo digital and Internet-ready WAP products. Under the agreement, Kozmo will be able to offer free phones to its customers through InPhonic. The p Business-to-business infrastructure provider InPhonic reached an agreement with...
Kozmo.com fulfilled orders in seven minutes and delivered them in 53. But this extraordinary logistics feat was short-lived as the Internet-enabled company fell victim to a series of business mistakes and escalating economic pressure. Kozmo.com fulfilled orders in seven minutes and delivered...
Kozmo.com founders Joseph Park and Young Kang have handed control of the company to CFO Gerry Burdo, who will assume the responsibilities and titles as president and acting CEO. Park and Kang will continue to hold positions in the company. Said Par Kozmo.com founders...
The Oct. 25 article "Face-off in Alley" is seriously misleading and flawed. The article failed to focus on the only real threat to Silicon Alley: a belief by some companies that they can monopolize parts of the Web and prevent competition b The Oct. 25 article...
* Citing market conditions, struggling Web-based delivery service Kozmo.com officially pulled its initial public offering and will begin to stock pricier items as part of its quest to turn a profit. The etailer, which now delivem goods ranging from * Citing market conditions, struggling...
The Hunter Realty Organization, LLC has leased 21,000 square feet of office space at 80 Broad Street, comprising two full floors of 10,500 square feet each, in a long-term transaction on behalf of Kozmo.com, a new media company that delivers movies and snacks ordered online, according to Peter E. Sabesan,...
Out with the new, in with the old. That's how to describe what's happening in the executive ranks of some of the city's most visible Internet companies. Veteran managers are replacing the founding entrepreneurs who helped put Silicon Alley on the Out...
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