NEW CEO HAS BIG PLANS FOR NETGROCER

NORTH BRUNSWICK, N.J. -- NetGrocer.com's recently appointed CEO Jim Chambers says he intends to take the company here from a $7 million to a $3 billion business over the next three years.That growth will rely on the company's strategy of center-store replenishment and FedEx delivery, which Chambers says is the best approach in the fledgling Internet grocery business.In an interview with SN, Chambers

NORTH BRUNSWICK, N.J. -- NetGrocer.com's recently appointed CEO Jim Chambers says he intends to take the company here from a $7 million to a $3 billion business over the next three years.

That growth will rely on the company's strategy of center-store replenishment and FedEx delivery, which Chambers says is the best approach in the fledgling Internet grocery business.

In an interview with SN, Chambers and NetGrocer president and founder Fred Horowitz said that Internet grocery

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