Webvan: Groceries on the Internet E-commerce MGNT 671 February 22‚ 2000 Ben Neely Brad Smith Sharon Winemiller Background and Problem Statement – Webvan was started in 1996 by Louis Borders and was established to sell groceries over the World Wide Web. George Shaheen resigned as CEO of Anderson Consulting to take advantage of the opportunity to become CEO of Webvan. Webvan‚ which originated as an online grocery service‚ delivers food (including its BestYet label‚ a co-brand
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independent grocery stores in the U.S. through 12 wholesale distribution centers. Hall’s sales in 2002 were $2.3 billion. Superior is the smallest of the three supermarket chains owned by Hall‚ with sales of $192.2 million in 2002. Superior serves small towns in the South Central U.S.‚ and is number one or two by market share in each of its trade markets. Sales of the three Centralia stores were $14‚326‚700 in 2002. Their gross profit margin was 28.8%‚ while the median for the U.S. grocery industry
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Vaux needs to determine whether use debt or equity to finance the acquisition of Oshawa Group Limited. Factor to Consider 1）The Grocery Business Environment in Canada The grocery business was a mature industry. In 1998 grocers faced increasing competition not only from other grocers‚ but also increasingly from various non-traditional vendors including drug stores‚ discount retailers‚ wholesale clubs and internet-based operations. 2）The key Success Factors in Canada On the revenue side
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that would provide consumers with a grocery shopping solution that saved time and effort without sacrificing the quality‚ selection or low prices that they had come to expect of traditional grocery stores. With this idea‚ Webvan came out. This company is certainly one of the most publicized ventures in e-business. The current problems Webvan face are how to seize the big market opportunity of e-commerce market‚ how to increase the acceptance of online grocery shopping by customers‚ how to fulfill
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EXECUTIVE SUMMARY Shopping or doing groceries are one of the basic routines of the people in order to fulfill their needs‚ wants‚ and desires‚ especially the people who are in the marketing industry. But because people today are becoming busier and are very much occupied by their jobs‚ they sometimes neglect this routine. They don’t have much time to give for shopping or doing groceries even though it is really needed. The developers of this project aim to solve this problem by developing a mobile
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COMPANY NAME/WEBSITE/INDUSTRY FreshDirect/www.freshdirect.com / Grocery BACKGROUND/HISTORY FreshDirect is an online grocer that delivers to residences and offices in the New York City metropolitan area. FreshDirect also offers next-day delivery to most of Manhattan and parts of Brooklyn‚ Queens‚ The Bronx‚ Staten Island‚ Nassau County‚ Westchester County‚ Fairfield County‚ Hoboken‚ New Jersey and Jersey City‚ New Jersey. The company was founded in July 2001 by Joseph Fedele and Jason Ackerman;
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Whole Foods Market‚ Inc. A. SIC/NAICS #’s - The SIC number for Whole Foods Market‚ Inc. is 5411‚ which implies grocery stores. The NAICS number for Whole Foods is 445110‚ which means supermarkets and other grocery (except convenience) stores. (Mergent Online) B. Mission Statement - Barbara Farfan who writes for about.com states‚ “The mission statement of the Whole Foods Company and Whole Foods Markets begins with its motto‚ which is "Whole Foods‚ Whole People‚ Whole Planet" The Whole Foods mission
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The first one of them is the partnership with the grocery stores. In this case we will partner with two brick and mortar grocery stores that currently do not have any type of grocery delivery business. Further we must be certain that we will have customers who are willing to pay the extra dollars for the service. The ideal customer for this service is a person who leads an extremely hectic and busy life‚ does not like visiting grocery stores and has a medium to high income. Furthermore we must also
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retailer in the world. Its sales for fiscal year 2011-2012 were USD446 Billion with profits of USD16.5Billion. Of its revenue‚ 28.4% is generated outside of its country of origin of USA. This expansion overseas started in 1991 when it opened its first store in Mexico City and moved into Germany in 1997 with its acquisition of Wertkauf and subsequent purchase of Spar Handels AG+ in 1998. Its failure can be largely attributed to its ignorance of the specific features of the extremely competitive German
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Week 3 Case Study Report Background/History Fresh Direct is an online grocery launched in 2001 that offers shopping and delivery services to around 300 zip codes in the tri state area of New York (www.freshdirect.com). The current CEO of Fresh Direct is Mr. Jason Ackerman‚ who is also a cofounder of the firm‚ whilst the chairman is Jim Manzi. Fresh Direct serves over 600‚000 customers‚ and in 2010 it claimed revenues of more than $250 million‚ representing an increase of $20 million from the
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