MARCH BLOWS IN FIRST PROFITS FOR PEAPOD IN WINDY CITY

SKOKIE, Ill. -- Peapod, the on-line grocer based here, said last week it achieved its first-ever operating profitability in March in its Chicago market, three months ahead of schedule.The company also said it is making "considerable progress" toward achieving operating profitability in its Long Island, N.Y., and Connecticut markets by midyear."We are confident Peapod can become the first Internet

SKOKIE, Ill. -- Peapod, the on-line grocer based here, said last week it achieved its first-ever operating profitability in March in its Chicago market, three months ahead of schedule.

The company also said it is making "considerable progress" toward achieving operating profitability in its Long Island, N.Y., and Connecticut markets by midyear.

"We are confident Peapod can become the first Internet grocer to build a sustainable, profitable business," Marc van Gelder, president

Register to view the full article

test - Advanced Registered User

Already a member? .