Word: peapod
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Dates: during 2000-2009
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...think the real story lies with the fact that HSA is practically a monopoly on campus and will do anything to protect that position. Why do you think they would be coming after DormAid so strongly? Do you really think grocery delivery is a patentable idea? (I think Peapod would beg to differ.) It is simply because we may be the first form of competition HSA has seen in ages as we expand our services into DormStep, a delivery service for laundry and groceries. I won’t elaborate on the nastiness of HSA and its lawyers, although...
...largest online supermarket left standing--Peapod.com serving New England and Chicago--is now owned by the $65 billion Dutch mega-chain Royal Ahold. Having a Dutch uncle has won Peapod its first operating profit since the high-tech home-delivery service was founded in 1989. It expects to be fully profitable by 2003, partly because it curtailed its early ambitions. "We got too big," says Marc van Gelder, a former Ahold executive who is Peapod's ceo. "Now we're staying east of the Mississippi"--and binding the company tightly to Ahold-owned stores and distribution centers...
Indeed, everyone is. The violent swings of the NASDAQ over the past month have overshadowed the virtual collapse of many battered online companies--e-tailers such as grocer Peapod and music seller CDNow and information-and-advice sites like drkoop.com--that a year ago were among Wall Street's highflyers but now may be down for the count. Stock prices of these hemorrhaging havenot.coms have plunged 50% to 75% below their 12-month highs, and many trade below their initial offering price. Case in point: shares of TheStreet.com a financial-news-and-advice site, peaked...