-
Even with cooler nights ahead, sleep aids are still a hot category
NEW YORK — The dog days of summer are behind us, which means cooler nights, better sleeping conditions and a dip in the sale of sleeping aids. Right?
Wrong.
“[Sleep] is going to continue to be a growth business, with two drivers,” said Jim Creagan, president of Randob Labs. “One is the older population. As people age, they have more difficulty sleeping. [And] then you have the proliferation of the smartphone. … People are turning to sleep remedies because they have trouble falling asleep.”