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George Shaheen

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1 - 6 of 6 Results

  • / E-Retailers

    Webvan news: No more Atlanta, revenue is up, new CEO, reverse stock split

    Webvan sales grew to $77.2 million in the first quarter from $37.5 a year ago. But it pulls out of Atlanta, leaving seven markets where it still operates.

    Posted 04/26/2001Kurt PetersPost a comment

    Webvan sales grew to $77.2 million in the first quarter from $37.5 a year ago. But it pulls out of Atlanta, leaving seven markets where it still operates.
  • / E-Retailers

    Webvan Puts Home Grocer In Its Shopping Cart

    Webvan Group Inc. has acquired HomeGrocer.com Inc., its rival online grocery service, in a transaction valued at approximately $1.2 billion. The deal, called a merger, unites two of the leading online retailers that have personalized delivery capabilities. The combined company, which will operate under the name Webvan Group Inc., is expected to extend Webvan's market reach to a total of 13 U.S. metropolitan areas by the end of 2000. Webvan,...

    Posted 01/19/2001Don DavisPost a comment

    Webvan Group Inc. has acquired HomeGrocer.com Inc., its rival online grocery service, in a transaction valued at approximately $1.2 billion. The deal, called a merger, unites two of the leading online retailers that have personalized delivery capabilities. The combined company, which will operate…
  • Webvan Plugs in Electronics

    Following moves earlier this year to expand its offerings to include books and videos as well as groceries, Webvan is adding consumer electronics to its inventory. Analysts say the retailer needs to keep adding new revenue sources to bring its costly and highly automated fulfillment operations to profitability. The e-retailer currently operates in two markets-the San Francisco Bay Area and Atlanta-and plans to enter more than 20 others, at an...

    Posted 01/19/2001Don DavisPost a comment

    Following moves earlier this year to expand its offerings to include books and videos as well as groceries, Webvan is adding consumer electronics to its inventory. Analysts say the retailer needs to keep adding new revenue sources to bring its costly and highly automated fulfillment operations to…
  • / E-Retailers

    Webvan’s founder breaks final ties with the company

    Louis H. Borders, founder of Webvan, has resigned from the board of directors for personal reasons.

    Posted 02/14/2001Kurt PetersPost a comment

    Louis H. Borders, founder of Webvan, has resigned from the board of directors for personal reasons.
  • / E-Retailers

    WebVan CEO George Shaheen resigns

    After WebVan’s poor results, released in its annual report released earlier this month, George T. Shaheen has resigned, saying “a different kind of executive is needed to lead the company.

    Posted 04/16/2001Kurt PetersPost a comment

    After WebVan’s poor results, released in its annual report released earlier this month, George T. Shaheen has resigned, saying “a different kind of executive is needed to lead the company.
  • Webvan adopts new measures in its efforts to hang on

    Webvan is changing its delivery fees and pleading with customers to buy more.

    Posted 05/31/2001Internet RetailerPost a comment

    Webvan is changing its delivery fees and pleading with customers to buy more.

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