Webvan is Dead

july 9, 2001

Welp, it's finally happened. Webvan has filed for Chapter 11 Bankruptcy. That's it, it's over. Sorry, all ya'll customers of Webvan will hafta get off your arses and actually drive to the grocery store for food. [url=http://dailynews.yahoo.com/htx/cn/20010709/tc/webvan_delivers_its_last_word_bankruptcy_1.html" target="new]CNet Story[/url]:

"The online grocer, which has been struggling financially for some time, said it has no plans to resume operations in any of its markets and intends to conduct an "orderly" winding down of its operations and sale of its assets and business. Approximately 2,000 employees have been let go as a result of the shutdown."

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