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Popular Online Retailer Stops Operations

Kozmo.com had established large presence at Harvard

"I didn't know Kozmo shut down!" said Lily E. Fink `03 upon hearing the news. "I use it all the time."

Fink said she and her Quincy House roommates relied on Kozmo for renting movies and satisfying midnight ice cream cravings.

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With the loss of Kozmo, students may once again be forced to brave the snow and biting wind of Boston's frigid winters in order to get their snacks, movies and other essential items.

But there is one group that may stand to benefit from Kozmo's demise. Without Kozmo, Harvard Square establishments will have one fewer competitor for students' late night business. Local video and convenience stores may see the biggest increase in sales as a result of Kozmo's close.

Kozmo was founded in 1997 by former Goldman Sachs associates Joseph Park and Yong Kang, and opened its first operation in New York. As of last week, the company had grown to offer services in Atlanta, Boston, Chicago, Los Angeles, New York, Portland, San Francisco, Seattle, and Washington, D.C.

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