E-tailers who entered the online pet supply business during the dot-com boom found that dog and cat food is difficult to sell profitably. But consumers now are purchasing more nonfood items for their pets, giving hope to companies that remained in the market.
University of Michigan researchers say customers were more satisfied with e-tailers than offline retailers in the fourth quarter. Andrew Bartels, a Giga Information Group analyst, outlines five trends that contribute to the success of e-tailing, including multichannel retailing and the death of the mid-size e-tailer.
On Feb. 25, Colgate-Palmolive is to introduce Lady Speed Stick Clear Glide, a clear version of the popular anti-perspirant/deodorant. Television advertising and free giveaways are planned for marketing the new product.
President Bush yesterday unveiled a $2.13 trillion budget that boosts spending for defense and calls for more tax cuts. The budget shows the Department of Health and Human Services getting more money to respond to bioterrorism threats, but it comes at the expense of other health areas. Other departments targeted for reductions include the Environmental Protection Agency and the Labor Department.
Experts attribute Target's success over Kmart to selling upscale goods at quality prices in an enticing shopping environment. But Target still faces challenges from rival Walmart. One of Target's missteps has been the slow opening of SuperTargets, which combine general merchandise and grocery stores.