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 ...
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 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 ...
Want to buy a van from Webvan? How about a refrigerated lobster tank? The ailing online grocer has been putting assets up for sale as it scrambles to raise money and fight off delisting. On Tuesday, ...
To say that George Shaheen got a golden parachute when he dashed out the chief executive officer’s door, leaving struggling home grocer Webvan (Nasdaq: WBVN) behind, would be the understatement of the ...
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 ...
After trying unsuccessfully for the past two years to make a business out of selling groceries online, Webvan Group Inc. today closed its doors for good. The Foster City, Calif.-based online grocer ...
Webvan Group Inc. will pay former CEO George T. Shaheen $375,000 annually for the rest of his life, despite the online grocer’s shaky financial condition. Shaheen, 56, qualified for the lucrative ...
Webvan said Monday it will trade slightly more than $1 billion in stock for all the outstanding shares of competitor HomeGrocer.com. While Wall Street gave an immediate thumbs-down to the deal, Webvan ...
Investors salivating over Google's initial public offering might want to glance a moment in the rearview mirror and remember where they've been -- and all the roadkill along the way. Anthony Nunes ...
Webvan lovers, there's new hope your favorite delivery guy may be making a comeback -- under different guise. Bloomberg.com reported Amazon is expanding its grocery service business. One hitch: This ...
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