Word: offing
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Dates: during 1990-1999
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This long national nightmare of grocery guilt seems to be ending. Molloy thinks we will see a coast-to-coast Web-grocer conglomerate within four years, though he hesitates to say if it's going to be his company, which took a $9.4 million loss last quarter.
Picking a winner in this market is a tough call, in part because each pioneering e-grocer has a different idea about what kind of goods you want and when you want them. At the basic end of the scale, Netgrocer.com wants to send you nonperishables like cereal or juice...
These companies don't always manage it, but you've got to give them points for effort. Webvan boasts that its 330,000-sq.-ft. warehouse is so meticulously organized that no packer has to walk more than 19 1/2 ft. in search of a product. Now, post-IPO, the...
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Priceline founder Jay Walker says his biggest customers are seniors, college students and parents with small children, who have the impetus to navigate the bidding process for the average $12.75 it will save them on a basket of 10 items. "For some families," he says, "that's the difference between...