Herbal-product sales dip tied to confusion, concern

Article Abstract:

Sales of herbal supplements grew by a mere 1% in 2000 over doubts about their effectiveness and public confusion over the vast array of products sold. During 2000, sales rose to $4.12 billion from $4.07 billion during the preceding year. On the other hand, herbal supplements registered sales growth of 17% in 1997 and 12% in 1998, according to a survey of sales in supermarkets, drug stores and health food stores. A reason for the decline in sales can be traced to consumers who tried these products once but stopped taking them when they did not feel anything right away.

Retail sales, Specialty Vitamin Supplements NEC, Vitamins

---

Test thwart efforts to restrict date-rape drug

Article Abstract:

Minnesota-based Orphan Medical has asked the 29 states that ban the drug hydroxybutyrate (GHB) to grant exemptions for its clinical trial of GHB. Twenty nine states have laws that allows the police to arrest any person who produces or market GHB because it has been linked to date rapes. Orphan Medical has earlier been granted a permit by the Food and Drug Administation to conduct clinical trials on GHB as a cure of narcolepsy.

Product introduction, Neuroleptics, Antipsychotic agents, Orphan Medical

---

On-line holiday shopping sets sales record

Article Abstract:

On-line stores sold $2.4 billion worth of merchandise during the 1998 holiday season, virtually the same level as projected levels, said James McQuivy of Forrester Research. Half of the total on-line sales was conducted by members of America Online. Analysts say the growth of on-line spending has been more rapid than expected, attributing the rapid growth partly to convenience and constant upgrading of sites.

Sales & consumption, Electronic Shopping and Mail-Order Houses, Mail Order Houses

Similar abstracts:

• Abstracts: Telstra sale drives Fischer to desperation. Always keep the back door unbolted. The man who would be king
• Abstracts: Vertical portals aim to flatten rivals. What career are you suited for in today's on-line job market?
• Abstracts: Cadillac says sales inflated to beat Lincoln. Intel issues warning, cuts jobs. DaimlerChrysler says 2000 net income plunged 44%
• Abstracts: Carmakers try to keep European sales hot. Inns, lodges expect a 'boom' in bookings. Europe flinches at USA's tech troubles
• Abstracts: Wireless phones tap into Web. AOL hits $1.3B in revenue

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.