Troubled Webvan on Monday said it has ceased operations and plans to file for Chapter 11 bankruptcy protection. The online grocer, which has been struggling financially for some time, said it has no ...
Will online grocer Webvan drive off into the sunset -- or off a cliff? The road signs indicate more dangerous curves ahead. Yesterday, the struggling Foster City startup announced a loss of $86 ...
Cash-strapped Webvan is going for broke, launching a TV ad campaign and a coupon program even as it faces delisting and insolvency. As part of a new marketing strategy, Webvan will broadcast three ...
Webvan Group was a high-profile dot-com grocer that just couldn't deliver on its dreams. It grew too big, too fast and eventually choked on its own complexity. It focused on the delivery side of the ...
The HomeGrocer.com peach may roll again in Seattle. Terry Drayton, who built the online grocery store into one of the country's largest before it was sold to The Webvan Group last June, said he will ...
Defunct online grocer Webvan (Nasdaq: WBVN) was slapped with its second class action lawsuit in as many weeks Monday, over allegations that its initial public offering (IPO) violated federal ...
The stocks of nearly all Internet retailers look like piranha leftovers these days, so it’s not surprising that Tuesday’s news about Webvan didn’t make much of a splash in Silicon Valley’s ...
Online grocer Webvan Group Inc. could be nearing the end of the aisle. In its annual report filed this week with the Securities and Exchange Commission, Webvan said it needed a substantial infusion of ...
SAN FRANCISCO --A year ago, online grocer Webvan Group had a lot on its plate. The company had just gobbled up rival HomeGrocer.com in a $1 billion takeover and management remained set on ...
SAN FRANCISCO — George T. Shaheen, one of the first “old economy” chief executives to defect to a “new economy” upstart, resigned Friday from the helm of cash-starved online grocer Webvan Group Inc.