Webvan taps Bechtel Group for facilities

Article Abstract:

Webvan Group Inc. has contracted with construction firm Bechtel Group Inc. to build 26 automated grocery ware- houses in as yet to be identified U.S. markets. The Foster City-based online grocer, in business for two years, serves about 10,000 accounts in the San Francisco Bay area, fewer customers than online rivals Peapod Inc. and Homegrocer.com Inc., yet has attracted over $100 million in venture capital. The additional round of funding brings the company's value close to $700 million, yet despite a 330,000 square-foot warehouse containing over four miles of conveyor belts, online competitors have expressed admiration as well as concern over the potential of Webvan.

Grocery Stores, Supermarkets and Other Grocery (except Convenience) Stores, Manufacturing and Industrial Building Construction, Industrial buildings and warehouses, Warehouse Buildings, Construction industry, Grocery industry, Contracts, Technology application, Online information services, Industrial construction, Warehouses, Online information service, Webvan Group Inc., Bechtel Corp.

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Packard Bell NEC to trim work force up to 20% in effort to cut fixed costs

Article Abstract:

Packard Bell NEC has announced that it will cut as much as 20% of its 5,000 employee work force in the United States in 1998 as part of a strategy to reduce fixed costs. Industry analysts have said that Packard Bell, which is 53%-owned by NEC Corp. of Japan, was forced into the move by sagging profit margins. The company, which has 4.5% of the global personal-computer market, will cut 750 to 1,000 US jobs in every area of its business while leaving its work forces in Asia and Latin America untouched.

Comment:

Has announced that it will cut up to 20% of its 5,000 US work force in 1998 as part of a strategy to reduce fixed costs

Computers, Electronic Computer Manufacturing, Labor force information, Company Personnel, Packard Bell NEC Inc., Article

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Amazon, EToys make big, opposing bets; which one is right? it's an old debate, niche vs. mass market, but now with an Internet twist

Article Abstract:

The Internet seems to be posing the same problems as the retail industry has for years. It comes down to what the consumers want, mass market of niche? It is this problem that test the minds of executives at Amazon.com and eToys. Are you going to buy a Barbie from a store that sells everything or from a Barbie store?

Market share, Hobby, Toy & Games Stores, Hobby, Toy, and Game Stores, Hobby, toy, and game shops, Amazon.com Inc., Toy stores, eToys Inc., AMZN

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